Mr. West has over 22 years of diverse financial and management experience including corporate development, budgeting, tax, operations analysis, financial reporting and communications, and mergers and acquisitions. In his new capacity, Mr. West, a Certified Public Accountant, will be responsible for managing all financial and treasury functions, bank relationships and conducting internal and industry analysis to support the Company's goals for growth. Additionally, Mr. West will play an important role in Marvel's expanded investor relations initiatives including interfacing with members of the Wall Street investment community and developing strategies to enhance the Company's capital structure.

Prior to joining Marvel, Mr. West was the Chief Operating Officer and Chief Financial Officer of McIntyre Staffing Solutions in Stamford, CT, a privately-owned, multi-office recruiting firm. He previously spent 15 years at Ernst & Young, LLP, rising to the position of senior manager in the Stamford, CT office. During his tenure at Ernst & Young, Mr. West had extensive, in-depth experience working with a range of public companies.

Mr. West is an honors graduate from Carnegie Mellon University with degrees in Accounting, Administration and Management Science and Economics. He is a board member of Financial Executives International. Mr. West now resides in Connecticut with his wife and two children.

Commenting on the appointment, Marvel CEO Peter Cuneo stated, "We are very pleased to conclude our recruitment search with Ken's appointment. Ken possesses the ideal skill set, experience, initiative and dedication to be a key contributor in Marvel's senior management team. His appointment also marks a turning point in our evolution from post-bankruptcy restructuring and rebuilding, to a concerted focus on growth initiatives and creating long-term shareholder value. As such, we have embarked on a 'New Golden Age' for Marvel and Ken's extensive financial experience will certainly play an important role as we work to establish Marvel as a leading global entertainment company. Filling the CFO role with such a strong professional is a crucial step in empowering Marvel for continued success."

Mr. West added, "I am very pleased to join Marvel at this exciting time in the Company's history. I was drawn to Marvel's enormous potential to continue to exploit their wealth of intellectual capital across all of its operating divisions, with the goal of becoming a leader in the entertainment industry. I look forward to working with Peter and the rest of the talented Marvel team."

With a library of over 4,700 proprietary characters, Marvel Enterprises, Inc. is one of the world's most prominent character-based entertainment companies. Marvel's operations are focused in four divisions: entertainment (Marvel Studios), licensing, toys (Toy Biz) and comic book publishing. Marvel facilitates the creation of entertainment projects, including feature films, television and dvd/home video, based on its characters and also licenses its characters for use in a wide range of consumer products and services including video and computer games, apparel, collectibles, snack foods and promotions. Marvel's characters and plot lines are created by its comic book division which continues to maintain a leadership position in the U.S. and worldwide while also serving as an invaluable source of intellectual property. For additional information visit the Marvel Web site at http://www.marvel.com.