Agreement Grants Exclusive Distribution Rights to Renowned Live-Action Pop Culture Property POWERS RANGERS Source: Shout! Factory press release Special Thanks to Tom Chen

Shout! Factory and Saban Brands announced a multi-year, multi-property alliance to bring Saban’s iconic live-action pop culture series, including POWERS RANGERS, to the home entertainment marketplace in the U.S and Canada . The announcement was made today by Shout! Factory’s founding partners Richard Foos, Bob Emmer and Garson Foos; and Elie Dekel, President of Saban Brands. The multi-year alliance provides Shout! Factory with exclusive home entertainment packaged media (DVD/Blu-ray) and select digital rights to Saban Brands’ extensive catalog of properties including more than 700 episodes of POWERS RANGERS (1993- 2009), 92 episodes of VR TROOPERS, 26 episodes of NINJA TURTLES: THE NEXT MUTATION, and 88 episodes of BEETLEBORGS for home entertainment releases and digital distribution across select entertainment platforms in North America. “We are incredibly excited about this new relationship with Saban Brands. POWERS RANGERS continues to stand as a global pop culture phenomenon to this day. We look forward to bringing these highly entertaining series with great packaging and extras to fans and on family home entertainment shelves,” state Shout! Factory’s founding partners in a joint statement. “Our partnership with Shout! Factory is important and exciting news for our fans. Shout! Factory will provide unequaled access to archived content from Saban Brands,” said Elie Dekel, President of Saban Brands. “Fans can enjoy past episodes they haven’t seen, relive some of the exciting entertainment in these episodes, or even share them with a new generation of fans.” Shout! Factory plans an aggressive rollout of Saban Brands television properties beginning this summer 2012, including from individual programs as well as complete series. As excitement builds for these upcoming home entertainment product-lines, Shout! Factory and Saban Brands will announce additional news and activities in forthcoming months. Following its introduction in 1993, Saban’s POWERS RANGERS quickly became the most watched children’s television program in the United States . Emphasizing the importance of teamwork, responsibility and helping others by following the adventures of a group of ordinary young people who “morphed” into superheroes, the series was seen in more than 60 countries, translated into numerous languages, and was a mainstay in the most prominent international children’s programming blocks. When VR TROOPERS premiered in 1994, it was the first children’s series to take viewers into a world of virtual reality. In this exciting action-packed live-action series, three seemingly ordinary teens face the challenge of saving the world from total domination by a powerful ruthless industrialist and his evil alter-ego. With the gift of “inter-reality travel” the teens utilize the power to transform into crime-fighting superheroes and enter the high-tech sphere of Virtual Reality. They employ their strengths, explosive martial arts skills and newfound superpowers to prevent the evil Grimlord and his mutant armies from escaping the virtual plane and entering the real world.

Memorable live-action adventure series NINJA TURTLES: THE NEXT MUTATION debuted in 1997 on the popular kids network Fox Kids. The series continued the fun-filled saga of Leonardo, Raphael, Donatello and Michelangelo, four genetically mutated turtles who have transformed into human sized, ninja-powered crime fighters living in the sewers of New York City . Soon the Ninja Turtles` world that they have come to know and love will change. If you thought Shredder was bad, wait until you meet the newest NT foe -- Dragon Skull! It will take all the power of our four reptile heroes to combat this new villain, including the help from a new ninja turtle named Venus De Milo! Premiered in 1996, popular weekly kids series BEETLEBORGS follows the exciting adventures of three ordinary kids -- Drew, Jo and Roland -- as they enter the supposedly haunted mansion after accepting a dare. Their lives changed forever when a magical spirit grants them their biggest wish -- they get to find out what life is like as their favorite superheroes the Beetleborgs!

About Saban Brands

Formed in 2010 as a subsidiary of Saban Capital Group, Saban Brands (SB) was established to acquire and develop a world-class portfolio of properties and capitalize on the company’s experience, track record and capabilities in growing and monetizing consumer brands. SB applies a strategic transmedia management approach to enhancing and extending its brands in markets worldwide and to consumers of all ages. The company provides full-service management, marketing, promotion and strategic business development for its intellectual properties including comprehensive strategies unique to each brand, trademark and copyright management and enforcement, creative design, retail development, direct-to-consumer initiatives and specialized property extensions. SB is led by a superior management team with decades of experience in licensing, marketing and finance. For more information, visit sabanbrands.com.

About Shout! Factory

Shout! Factory is a diversified entertainment company devoted to producing, uncovering and revitalizing the very best of pop culture. Founders Richard Foos, Bob Emmer and Garson Foos have spent their careers sharing their music, television and film faves with discerning consumers the world over. Shout! Factory’s DVD offerings serve up classic, contemporary and cult TV series, riveting sports programs, live music, animation and documentaries in lavish packages crammed with extras. The company’s audio catalogue boasts GRAMMY-nominated box sets, new releases from storied artists, lovingly assembled album reissues and indispensable “best of” compilations. These riches are the result of a creative acquisitions mandate that has established the company as a hotbed of cultural preservation and commercial reinvention. Shout! Factory is based in Santa Monica, California. For more on Shout! Factory, visit shoutfactory.com.