Elkridge, MD (August 5, 2004) - Palisades Toys is proud to announce that the first set of Mini Muppets™ from Wave 3 is now in stock at Palisades Direct (www.PalisadesDirectStore.com). As noted several months ago, the Mini Muppets are now individually carded (as opposed to the 3-packs of the first two waves), and will be released two at a time over a period of the next three months. This product will be available in very limited quantities, exclusively through Palisades Direct.

The first month's release includes:

• The Muppets' main Frog, Kermit™, in a classic pose - seated upon a log with his banjo (a la the opening scene from The Muppet Movie)
• Doglion™, one of the largest full-body Muppets, who was often seen hanging out with Thog and Sweetums on The Muppet Show. This Mini Muppet marks the first appearance of Doglion in 3-D product.

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.