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Limited by CAS acquires Palisades

Limited by CAS will not produce Sesame Street action figures; The Sesame Street license may be bought out by another company

Courtesy of Limited by CAS
February 2, 2006

Limited by CAS, Inc., a newly created sister-company of CAS Iberia, Inc. is pleased to announce its recent acquisition of certain assets of Palisades Entertainment, LLC. including both trademarked names, Palisades Toys and Factory X.

The Palisades Toys and Factory X product lines will combine with CAS' existing LMTD line to offer a diverse line of licensed, pop-culture products to the toy and collectibles industry. Action Figures, Cold-Cast Resin Statues and Busts, Prop Replicas, and other products based upon high-profile licensed properties will be produced and sold under the LMTD banner.

This bold move by CAS Iberia, Inc. comes on the heels of the official spin off of Limited by CAS, Inc. into its own company late in 2005 while continuing to offer licensed products, distribution, and related services to the toys and collectibles industry as Limited had been doing since 2nd Quarter 2005. By acquiring the assets of Palisades Toys, Limited by CAS greatly strengthens its licensing, design, marketing, manufacturing, sales and distribution services to both retailers and fans of not only Palisades, but of the entire toy and collectibles industry.

“The opportunity to bring these two companies together under one roof is intended to create an intense and energetic distribution company along with an industry leader in the licensed toy and collectible market...” Jeff Epperson, President and CEO of Limited by CAS, Inc. and CAS Iberia, Inc.

“I have been involved with the collectible toy industry for over 12 years and I will always be grateful for the friends and opportunities it has afforded myself and my family. I expect great things from this partnership--the fans of our great products should as well.” Michael Horn, past President and CEO of Palisades Entertainment, LLC.

More information and future plans for Palisades' loyal fan base including new offerings from both the Palisades’ Collector's Club and Factory X websites will be announced as soon as possible. Certain key personnel management from Palisades will be joining the LMTD team, and all involved intend to have LMTD/Palisades business in full-swing by early-to-mid-February. Many products being offered for sale throughout 2006 will be on display and available for order at the Limited by CAS booth (No. 2979) located in the Javits Center during the 2006 International Toy Fair being held February 12th – 15th in New York City.

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