News from Business Wire

GeDo Licensing To Serve As Film, Television and Licensing Agent for Fineline Holdings

Tuesday, June 14, 2005

NEW YORK (Business Wire) -- GeDo Licensing today announced it has entered into an agreement with cartoon character creation studio Fineline Holdings, Inc. (Pink Sheets:FNLH) to serve as the exclusive merchandise licensing agent for the more than 200 cartoon characters which have been developed by and are owned by Fineline Holdings, Inc., one of the largest libraries of cartoon character groups available for licensing. GeDo Licensing will continue to represent the film and television rights for the Fineline Properties library of character groups and has begun discussions with a number of prominent television stations and youth-oriented production companies. GeDo Licensing has presented the Kooties(TM) character group to a motion picture company for a live action movie.

"GeDo Licensing was created by GeDo Designs, Inc for Fineline Holdings, Inc. and our properties to provide better focus on licensing properties," said George Schwenzfeger Vice-President of GeDo Designs. "With our accelerated activity in licensing, this will increase our visibility. We are in currently in final negotiations with a clock and watch company for product based on the Kooties(TM). We are also working with an apparel company to produce T-Shirts / Sportswear using the Kooties(TM) and other groups to be announced." In addition we have signed a licensing agreement with a major entertainment company for the Moodies(TM) (details on the Fineline website).

"The creation of GeDo Licensing brings a greater exposure for Fineline Holdings licensing programs, targeted to the ever growing preschool to youth market (including 'tweens). We are pleased to be working together with GeDo Licensing and having our brands alongside other GeDo Licensing properties," says Robert Petry, President of Fineline Holdings, Inc.

About Fineline Holdings, Inc.

Fineline Holdings, Inc. (NASD: FNLH.PK) creates original cartoon characters for licensing and film & television animation. Their team of artists develops original cartoon characters with an eye on current market trends as well as recognized names. From concepts and sketches all the way to the manufacturer style guides. Fineline's entire library of more than 200 new cartoon characters in over 20 character groups for 'teens, kids and adults, covering the Internet, sports, satires, just plain fun, and much more can be viewed at http://www.finelineproperties.com.

About GeDo Licensing a division of GeDo Designs, Inc.

GeDo Licensing was created to better serve, it's clients and it's properties in the kids / youth market segment GeDo Designs with over 50 years combined experience in toy, pet products and product design. GeDo Designs represents Fineline Properties and other original cartoon characters for licensing and film & television animation. With complete product design, marketing, engineering and prototyping to round out its services. http://www.GeDoDesigns.com.

The information contained in this press release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors beyond the Company's control, including general economic conditions, consumer spending levels, competition from toy companies, motion picture studios and other licensing companies, the uncertainty of public response to the Company's properties and other factors could cause actual results to differ materially from the Company's expectations.

GeDo Licensing
Doug Berry, 336-526-439
or
George Schwenzfeger, 212-717-6959
GeDoDesigns@aol.com
Tomkrown@yahoo.com