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NEW YORK, May 24, 2005 – Fineline
Holdings, Inc. (FNLH.PK), is pleased to announce
that it has entered into a contract with the Hans
Group of India where the Hans Group will serve as
marketing agent to market Fineline's cartoon character
groups for the television and film industries in
India, as well as assist in the licensed merchandising
industries. The Hans Group companies have substantial
resources in these areas and have been involved in
significant projects in the entertainment industry
in India for the past 20 years.
Fineline Holdings has developed and owns a large
library of cartoon characters – presently 216
characters in 22 character groups -- which can be
viewed on their website at www.finelineproperties.com.
The Moodies Group is presently represented in another
merchandising arrangement, the details of which may
be viewed at www.finelineproperties.com.
Sanjust Hans, president and founder of The Hans
Group said, “I am extremely excited about the
potential of this business agreement with Fineline
Holdings. In my opinion, there is a strong marketing
potential within the film and television industries
in our country for Fineline Holdings' cartoon character
groups.”
Robert Petry, president of Fineline Holdings, said, “We
feel that India, with its growing and internationally
recognized entertainment industry, represents a wonderful
opportunity for us. We had been look for the right
way to enter this market and I feel that working
with the Hans Group represents the best approach
for us, both immediately and over the long-term.
I look forward to working with Sanjust Hans and the
Hans Group.”
About Fineline Properties, Inc.
Fineline Properties (NASD: FNLH.PK) creates original
cartoon characters for licensing and film & television
animation. Their team of artists develops original
cartoon characters with an eye on current market
trends as well as recognized names. From concepts
and sketches all the way to the manufacturer style
guides. Fineline's entire library of more than
200 new cartoon characters in over 20 character
groups for 'teens, kids and adults, covering the
Internet, sports, satires, just plain fun, and
much more can be viewed at HYPERLINK "http://www.finelineproperties.com" http://www.finelineproperties.com.
The information contained in this press release,
other than historical information, consists of forward-looking
statements within the meaning of Section 27A of the
Securities Act and Section 21E of the Exchange Act.
These statements may involve risks and uncertainties
that could cause actual results to differ materially
from those described in such statements. Although
the Company believes that the expectations reflected
in such forward-looking statements are reasonable,
it can give no assurance that such expectations will
prove to have been correct. Important factors beyond
the Company's control, including general economic
conditions, consumer spending levels, competition
from toy companies, motion picture studios and other
licensing companies, the uncertainty of public response
to the Company's properties and other factors could
cause actual results to differ materially from the
Company's expectations. |