GDH and GONZO Rosso to Forge Business and Capital Alliance with TOMY

Jun 2nd 2008
To work toward co-development of online game content for the global market
2008.05.30
GDH K.K. (Head Office: Shinjuku-ku, Tokyo, CEO: Shinichiro Ishikawa, Securities Code: TSE Mothers 3755, hereinafter GDH) has announced that its group company GONZO Rosso K.K. (Head Office: Shinjuku-ku, Tokyo, Managing Director: Hideki Moriya, hereinafter GONZO Rosso) has agreed today to form a business alliance with Tomy Company, Ltd. (Head Office: Katsushika-ku, Tokyo, President: Kantaro Tomiyama, Securities Code: TSE 1st section 7867, hereinafter TOMY) for the purpose of establishing a partnership in the online game business field, and GDH is transferring a portion of GONZO Rosso shares to TOMY.

TOMY has a wide range of renowned content popular among people of all ages, mainly in the toy business such as the Licca doll line and TOMICA die-cast vehicles, and also animation property such as the Time Bokan series. GDH's main online game subsidiary GONZO Rosso and TOMY will aim to co-produce diverse content by combining and mutually exploiting expertise and property.

The proliferation of the digital environment in the recent years has led to a robust expansion of the online game market with the number of users still increasing. Under such market climate, the GDH Group has designated the online game business as one of the key areas in its mid-term business plan, targeting to enhance its international competitiveness and create high-quality content.
In addition to servicing in Japan, GONZO Rosso and TOMY will also strive for roll out of their co-developed content in the overseas market via GONZO Rosso's strategic subsidiaries such as Goldsky Digital Technology Limited (Head Office: Taipei, Taiwan, R.O.C, CEO: Huang Chi Cheng, hereinafter Goldsky) and GONZO ROSSO(M) Sdn. Bhd. (Head Office: Kuala Lumpur, Malaysia, CEO: Chin Shee Seong, hereinafter GONZO Rosso Malaysia), both of which license MMORPGs* to Asian and other territories.

The capital transfer will fortify the partnership between TOMY and the GDH Group, leaving GDH holding 54.56% of outstanding GONZO Rosso shares and TOMY holding 15.43%.

GDH is confident that this partnership is another positive step which will further drive dynamic growth and vitalization of its content business.

* MMORPG: Massively Multiplayer Online Role Playing Game

[About Tomy Company, Ltd.]
A major Japanese toy manufacturer established in 1953. The company manufactures a broad range of products based on its own brands which include long sellers such as TOMICA, Plarail, and Licca, as well as card games, video game software, baby products, clothing and other variety goods.
TOMY aspires to create "new values of amusement" and fulfill the dreams of all people regardless of age.
It aims to expand its Japanese toy business and associated businesses, enter into the content business, and utilize synergistic collaboration with its group companies around the world.
It pursues development and exploitation of original content, merchandising for new trends, establishment of new platforms and distribution strategies.
More info available at http://www.takaratomy.co.jp/company/english/index.html

[About GONZO Rosso K.K.]
GONZO Rosso develops and operates online games such as Master of Epic -The ResonanceAge Universe-, Shaiya -Light and Darkness-, PANDORA SAGA, and The Tower of DRUAGA -the Recovery of BABYLIM-. By offering special in-game items for purchase and user-friendly systems, GONZO Rosso ensures unique game experiences that both advanced users and online game novices can enjoy.
GONZO Rosso conducts its overseas business through subsidiaries GONZO Rosso Malaysia, which provides online game services to various territories around the world, and Goldsky Digital Technology Limited an online game licensing company covering China and Southeast Asia.
GONZO Rosso's other areas of business include development/operation of online merchandise store "GONZO STYLE" (http://www.gonzo-style.com - Japanese only), character open-contest site "Charapre" (http://charapre.jp/ - Japanese only), and mobile sites "Mobile Newtype" and "GONZO MOBILE" as well as production of video content, characters, advertisement designs, websites and other Internet content leveraging GDH/GONZO's network of creators/artists.
GONZO Rosso website: http://www.gonzorosso.jp/english.html

[About GDH K.K.]
GDH is a globally-focused Japanese media company founded in February 2000. The group produces cutting edge entertainment for teens and young adults through its GONZO animation brand. Kids and family product is distributed through the GONZO FILMS and GONZINO brands.
GDH is a world leader in content development targeting both domestic and international audiences with Japan's trend-setting animation culture and, usually, GDH controls licensing management and international distribution for the content it produces.
For additional information, visit www.G.D.H.co.jp/english (for GDH) and www.gonzo.co.jp (for GONZO - Japanese only).
GDH group companies include GONZO Rosso K.K., GONZO K.K., Future Vision Music K.K., GONZINO K.K., GDH Capital K.K. and GK Entertainment K.K.
## Company names and service names in this document are trademarks or registered trademarks of their respective owners. ##
*Please note, this release is a direct translation from Japanese language release.
It may be replaced with a slightly re-edited version within next 5 working days.

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