Coolabi announces production of Poppy Cat TV series and raft of international pre-sales

Coolabi plc (AIM: COO) announces that production is underway to bring the much-loved children's literary character Poppy Cat to television screens internationally.

In February of this year, Coolabi appointed King Rollo Films Ltd ("King Rollo Films") as its animation partner for the 52 episode series, due to air on Nick Jr (UK) in 2011. The television series, which will be co-produced by Coolabi's television production arm Coolabi Productions and King Rollo Films, will bring to life the world of the pre-school children's character created by Lara Jones in a series of books that have sold more than 2.5 million copies internationally. With a third of these book sales coming from overseas, the potential of Poppy Cat, both at home and abroad, is significant.

Strong international pre-sales of the series have already been recorded with sales confirmed to Nick Jr Australia, RTE Ireland, YLE Finland, TV2 Norway, and TVO, SCN and Knowledge Network in Canada. Other international broadcaster partners are expected to be announced in the near future by Cake Entertainment, which has signed a global TV distribution agreement for the series.

With Coolabi's production, broadcast and distribution partners now contracted, a substantial proportion of the production budget has already been covered by third parties with any balance of the budget being funded by Coolabi from existing resources.

Jeremy Banks, CEO of Coolabi, commented: "We are very excited to be bringing this wonderful property, with such considerable potential, to television. In addition, we are particularly pleased to be working in conjunction with both Nick Jr and King Rollo Films to bring Poppy Cat's adventures to life for audiences across the globe."

Enquiries:

Coolabi plc	Tel: 020 7258 7080
Jeremy Banks, Chief Executive
Tim Ricketts, Finance Director

Evolution Securities	Tel: 020 7071 4300
Bobbie Hilliam Chris Clarke

Walbrook PR Ltd	Tel: 020 7933 8780
Leah Kramer Bob Huxford

About Coolabi

Coolabi specialises in the ownership, development and creative management of high quality children's and family brands and intellectual property. The current portfolio includes Purple Ronnie, Poppy Cat, Scarlett & Crimson, The Large Family and Dead Gorgeous. In addition Coolabi also licenses rights to selected brands, including Bagpuss, The Clangers and Hammer Film Productions. For more information and a background on the company visit www.coolabi.com

This information is provided by RNS

The company news service from the London Stock Exchange

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