Elkridge, MD (June 16, 2004) - Palisades Toys is proud to announce its newest series of block figure PALz™, based on the popular television show The X-Files™. The first assortment of X-Files PALz, due out this fall, will be comprised of four 2-packs featuring major characters from the series, as well as fan-favorites from specific episodes. Additionally, each 2-pack will feature multiple accessories - more than any other block figures produced to-date.

"With early sales numbers for Buffy [the Vampire Slayer] PALz exceeding our expectations, it made sense to find another property suitable to give the 'PALz' treatment," noted Michael Horn, President & CEO of Palisades Toys, "And the X-Files is perfect. It's a long-running show with lots of characters, fantastic monsters, and a devoted, hardcore fan base."

Series 1 is set to include:

Special Agent Fox Mulder™/ Gray Alien 2-pack - Accessories will include a flashlight, a cell phone, a gun, the "I Want to Believe" poster, an FBI badge, and a bag of sunflower seeds

Special Agent Dana Scully™ / Donnie Pfaster™ 2-pack - Accessories will include a flashlight, a gun, a cell phone, a Shampoo Bottle, an FBI badge, and interchangeable demon hands and head (for Donnie Pfaster)

Deep Throat™ / Flukeman™ 2-pack - Accessories will include a gun, an Alien Embryo in Stasis Tube, a "Top Secret" file folder, and a small flukeworm

Frohike™ / The Conundrum™ 2-pack - Accessories will include a cope of the Lone Gunmen newspaper, a leather hat, a cable descrambler, a liquor bottle, a MJ DAT tape, and a half-eaten fish.

All characters and accessories are subject to change. Look for X-Files PALz to hit retail this fall.

ABOUT PALISADES TOYS

Palisades Marketing, LLC ("Palisades Toys") designs, manufactures, and markets a variety of collectable toy products worldwide through sales to retailers and directly to consumers. Palisades Toys believes its products are among the most highly detailed and collectable action figures, PolyStone statues, PolyStone mini busts in the world. Formed in 1994, Palisades' products are sold throughout the world at various retail outlets including Toys "R" Us, KB Toys, Target, Electronics Boutique, Tower Records, Media Play, Sam Goody, Suncoast Video, Amazon.com and a variety of domestic and international comic shops and specialty retailer stores. Palisades Toys' current product portfolio includes The Muppets, Alien, Predator, Transformers, G.I. Joe, Ren & Stimpy, Army of Darkness, Pink Panther, and others. Further information on this and all other Palisades Toys products is available via our company website at: www.PalisadesToys.com.