New License Agreement With Boein Guarantees $230,000 in Royalties and Gives FineLine A Foothold In The Lucrative Asian Market

Business Wire, Sept 8, 1999

FAIRLAWN, Ohio--(BUSINESS WIRE)--Sept. 8, 1999--

FineLine Properties Inc. (OTC BB:FNLN) announced today that the Company has signed a licensing and merchandising agreement with Boein Co. Ltd of Seoul, Korea which provides FineLine with further presence in the lucrative Asian market.

FineLine's agreement with Boein Co. Ltd. provides for a guaranteed minimum royalty payment of $230,000.00 USD with renewal options. Boein, is a subsidiary of Intersac (http://www.intersac.co.kr/about/about.htm) which is a conglomerate that manufactures various consumer products under it's own labels as well as under contract with firms for products using their own labels. Intersac is currently representing Giorgio Ferri, Nicoli Fizzio, Talo Fofo, Mondo Vivoli, Penthouse, and more.

FineLine President Robert Petry stated, "The expansion of the terms now include the remaining members of our cartoon family which we feel will provide the Company with a key merchandising foothold in the lucrative Asian market."

FineLine is an entertainment-based company that develops and acquires cartoon characters. The company's characters have appearances on over 450 licensed products in over 20 countries. To view the entire FineLine family, simply go to the company's Web site at www.finelineproperties.com.

Statements in this release are made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risk and uncertainties, including without limitation, continued acceptance of the company's services, increased levels of competition for the company, and dependence on the performance of the management of the company.