Press Release: Janex International, Inc
January 24, 2000
PHOENIX, AZ -- Janex International, Inc., (OTC Bulletin Board: JANX) entered into a letter of intent to acquire
San Diego based WebShare, Inc., and Webshare's subsidiary ResorTravel.com. Webshare is a marketing firm that provides
lead generation services to the timeshare vacation resort industry.
Vincent Goett, President of Janex International, stated, "Webshare and ResorTravel are valuable assets to
integrate into our innovative children's web portal oKID.com (www.oKID.com).
Through ResorTravel, oKID.com visitors will be able to plan their family vacations by previewing thousands of resorts
and take advantage of special promotions available from the world's leading hotel, resort, and timeshare operators."
WebShare's business is generated through an exclusive contract for online lead generation with Resort Condominiums
International (RCI) (www.rci.com). RCI is the largest timeshare exchange company
in the world, and is a subsidiary of Cendant Corporation (www.cendant.com),
a global leader in business and consumer services.
Janex is a manufacturer and marketer of children's products including children's toys, water activity products,
and other products marketed under the names Janex and Malibu Fun Stuff. Janex has licensing agreements with Children's
Television Network, Lyons Partnership (Barney), Disney Enterprises, Saban Merchandising (Power Rangers), Lot O
Fun Marketing, Pure Imagination Company, World Championship Wrestling, Inc., Warner Brothers and DC Comics, and
as part of the acquisitions from Futech, Just Licensing Limited (Jellabies), Random Games, Inc., Hasbro (Winners
Circle), Action Performance Companies, Inc., and JG Motorsports (Jeff Gordon).
Certain information in this news release does not relate to historical financial information and may be deemed
to constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
1995. Such statements are subject to certain risks and uncertainties that could cause the company's actual results
in the future to differ materially from its historical results and those presently anticipated or projected.
Among these risks and uncertainties are general economic conditions, especially during peak buying seasons for
the company's products; competitive pricing and program changes; manufacturing performance; the company's relationship
with its sales, manufacturing and distributing entities; the company's ability to respond to customer change, orders
and delivery schedules; demographic trends; the company's ability to control costs; to attract and retain high-quality
employees; and the company's ability to maintain its customer base and finalize significant transactions.
Contact: Connie Lambros, or Vincent W. Goett, Chairman, President and C.E.O., both of Janex International, Inc.,
602-808-9888