FUN - breaks out of ascending triangle on the back

10 May 2002
Part 1/1
--------
FUNTASTIC LIMITED
-----------------
HOMEX - Melbourne
-------------------------
Gets a Boost from Spiderman
Funtastic reported today that interest in their Spider-Man
merchandise has rocketed on the back of the recent US success of the
Spider-Man movie launch.
The new blockbuster film Spider-Man which opened in the US over the
weekend, made the biggest opening record in box office history!
Taking an estimated Australian $215 million (US$114 million)
Spider-Man smashed the all time record for opening box office by 26%
(previously set by Harry Potter last year which made US$90.3
million).
Funtastic's Managing Director, David Handy, said from the
international Toy Fair in Tokyo that the phenomenon of the Spider-Man
movie has ignited huge interest in Spider-Man merchandise at retail
and that the market was eagerly awaiting the Australian premiere on 6
June 2002. He said that already sales of Spider-Man merchandise were
160% above the previous corresponding period in 2001.
Just one day after making movie history with the record shattering
open weekend, Marvel Enterprises Inc has announced that it has
received a seven figure advance for production of the sequel due to
hit screens in 2004. Mr Handy said this was great news for the long
time future of the brand.
Funtastic is the exclusive distributor for Spider-Man toys in
Australia and markets Spider-Man ranges in a number of other product
categories.
For more information on Funtastic, visit the web site at
www.funtastic.com.au and for comment contact David Hendy, Managing
Director for Funtastic Limited.
ends - AAP