'Gerry Anderson's New Captain Scarlet'

In January 2004, Gerry Anderson Productions and TriMedia Entertainment officially announced that a new series, entitled 'Gerry Anderson's New Captain Scarlet' (originally titled 'Captain Scarlet - The Return of the Mysterons'), has gone into production; the official press release states:

PHILADELPHIA--(BUSINESS WIRE)--Jan. 15, 2004--TriMedia Entertainment Group, Inc. ("TriMedia") (OTCBB:TMEG) and Gerry Anderson Productions plc, a United Kingdom company, have entered a memorandum of understanding with respect to a co-venture for the development, production, distribution and marketing of the new Captain Scarlet television and entertainment series and mutual investments.

The terms and conditions of the transaction include broadcast placement of the new Captain Scarlet television and entertainment series - "Captain Scarlet - The Return of the Mysterons," merchandising of Captain Scarlet related products, DVD home video distribution and sales, computer and video gaming and such other opportunities for the international branding of Captain Scarlet as shall be contained in a definitive agreement between the parties. It is anticipated that TriMedia's co-venture partner, Sony Music Entertainment, will be partnering in the project with its Sony Wonder division and the family of Sony companies on the development and exploitation of the Captain Scarlet branded property. The financial terms of this relationship will be defined in a definitive agreement that the parties are presently negotiating.

"Captain Scarlet - The Return of the Mysterons." The original Captain Scarlet series was created using puppets and the technique known as "supermarionation." The new series is being created using computer graphic imagery animation technology which is often abbreviated CGI. This production process has been used by Pixar and others to create a number of recent animation films including Toy Story, Monsters Inc. and Shrek. "Captain Scarlet - The Return of the Mysterons" will be an entirely new series. It is intended that the new series, utilizing CGI, will be significantly modernized while retaining the character and flavor of the original series.

Chris Schwartz, CEO and President of TriMedia stated, "We are honored to participate with Gerry Anderson, one of the world's leading artisans in his craft, in developing the international brand for Captain Scarlet. The combination of Gerry Anderson's creativity and state-of-the-art high definition animated production and production facilities, Sony's global strength in providing a one-stop global solution to develop Captain Scarlet product iterations across all media platforms, ability to define and launch a business management strategy leveraging Sony's market strength in each category and our ability at TriMedia to converge the film and music world's independently with vertical and street marketing expertise will prove to be of great benefit for all involved. I believe that a cross pollination of creative properties in multiple media formats with a vertical market approach allows companies to maximize the return for their investment in creative properties and talents and will prove to be the economic engine for our industry in the future."

Gerry Anderson, Chairman of Gerry Anderson Productions, said "we believe that TriMedia is well placed to develop the Captain Scarlet New Series through their close relationship with Sony. Chris Schwartz has an excellent track record with a career that has spanned 20 years and generated more than one billion in revenues in conjunction with Sony. I believe that Chris and TriMedia have the skills and experience which we are seeking and I am looking forward to building a relationship which I'm sure will be highly rewarding."

Gerry Anderson's New Captain Scarlet - Season 1














Series Created and Produced by Gerry Anderson
Executive Producers Jim Reeve and Nigel Jealous

TX: 2005

Notes:
*Featuring Captain Scarlet, Captain Blue, Colonel White, Lieutenant Green, Captain Ochre, Captain Grey, Captain Magenta, Captain Indigo, Captain Brown, Captain Orange, Lieutenant Silver, Doctor Gold, Destiny Angel, Symphony Angel, Rhapsody Angel, Melody Angel, Harmony Angel and Captain Black