``Go Speed Racer, Go!'' Movielink Brings Pop Culture Anime Icon ``Speed Racer'' to Broadband Viewers Nationwide

Business Wire, June 8, 2004

Entertainment Editors/Business Editors

SANTA MONICA, Calif.--(BUSINESS WIRE)--June 8, 2004

Deal with Speed Racer Enterprises Presents All 52 Episodes

of the Animated Television Series Featuring the Madcap

Adventures of Speed, Trixie, Racer X, and Pops!

Movielink(R) (www.Movielink.com), the broadband video-on-demand (VOD) service offering hundreds of new and classic films for legal download, has acquired the right to carry all 52 episodes of the Speed Racer classic animated television series. Movielink licensed the titles from Speed Racer Enterprises as part of its ongoing effort to deepen its content library and serve the growing appetite of anime fans nationwide.

The Speed Racer episodes offered on Movielink will be packaged together and rented as 1 1/2 to two-hour segments. Current titles available include: "The Great Plan," "Challenge of the Masked Racer," "The Secret Engine," "Race Against the Mammoth Car," "The Most Dangerous Race," and "Race for Revenge." Movielink will promote its anime offerings through promotional campaigns, e-mail advertising and on its Web site.

"We are thrilled to have this opportunity to work with Movielink to bring this classic, timeless series to the Internet for the millions of Speed Racer fans throughout the country," said James Rocknowski, Executive Vice President of Speed Racer Enterprises. "This is the first time ever that all these famous episodes will be available for download over the Internet."

"Speed Racer has captivated cartoon fans for over 30 years," said Jessica Algazi, Vice President of Content for Movielink. "Now, anime lovers can turn to Movielink to easily access these Speed Racer episodes and view them on their PC, laptop or TV at any time. We're delighted to work with Speed Racer Enterprises and offer consumers this all-time treasured classic."

Speed Racer began as a Japanese "Manga" entitled Mach Go Go Go created by Tatsunoko Productions in 1966. In 1967, all episodes of the series were dubbed into English and syndicated nationally on television. For almost 20 years, Speed Racer ran in the afternoons five days a week. Speed Racer returned to TV in the 90's on MTV and then ran for almost 5 years on the Cartoon Network. Today, three full generations can say they have grown up with Speed, Trixie, Racer X, and Pops! who hold the hearts of more than 45 million fans around the world.

Movielink is available to U.S. Internet users with broadband connections. Once customers are ready to rent a movie, they register with Movielink and pay for their rental via credit card. Downloads range between $1.99 and $5.99. Movielink's Movies in Minutes(TM) feature allows customers to begin watching movies within two to 10 minutes, or store movies for up to 30 days and experience unlimited viewing for any 24 hour period.

About Speed Racer Enterprises

Speed Racer Enterprises, Inc., formed in 1991, owns all the rights to the Speed Racer animated series. The company also manages all related licensing and promotional activities on a worldwide basis. For more information, please visit www.SpeedRacer.com.

About Movielink

Movielink (www.movielink.com) is the online movie download service offering U.S. broadband customers an extensive selection of recently released films and classic movies covering every genre, from action, comedy, drama, family and romance to sci-fi, horror and thrillers. The service is owned and operated by Movielink, LLC, a joint venture of Metro-Goldwyn-Mayer Studios, Paramount Pictures, Sony Pictures Entertainment, Universal Studios and Warner Bros. Studios. Movielink content offerings are drawn from the current releases and vast libraries of those studios as well as from those of Walt Disney Pictures, Miramax, Artisan and others, on a non-exclusive basis.