Leading U.S. toymaker JAKKS Pacific, Inc. (NASDAQ:JAKK) announced today that it has renewed its licensing agreement with Saban Brands to produce Power Rangers Halloween costumes and accessories for both children and adults through 2017. They have also expanded the agreement to begin producing Hero Portal TM, the next generation of Plug It In & Play TV Game TM system. The new Power Rangers Super Megaforce costumes and Hero Portal system will hit shelves nationwide in fall 2014.

"Saban has been a valued partner for more than two decades and we look forward to continuing that relationship and expanding upon our already successful product lines, which include 31-inch figures and costumes that bring to life the Power Rangers legacy," says Jack McGrath, Chief Operating Officer, JAKKS Pacific, Inc. "We are launching exciting new costumes for Halloween 2014, including a new Power Rangers Super Megaforce line. In our interactive division, our innovative new Hero Portal gaming system will launch this fall, elevating the brand and giving Power Rangers fans even more of what they love."

"We have a strong partnership with JAKKS and are thrilled to continue working with their expert team. They consistently create innovative costumes year after year, bringing to life the series for fans both young and old," says Kirk Bloomgarden, Senior Vice President of Global Consumer Products at Saban Brands. "We are also looking forward to their Hero Portal gaming system, which will offer fans an all-new way to experience adventures with the Power Rangers."

The Power Rangers series follows the adventures of a group of ordinary young people who "morph" into superheroes and save the world from evil.

About Disguise, Inc

Disguise, Inc., a division of JAKKS Pacific, Inc., is a leading fashion-driven design company in the global Halloween costume business. Disguise is best known in the industry for its innovative and trend-setting designs, partnering with top studios including Hasbro, Disney, Marvel, Saban, Nintendo and Sesame Workshop to annually bring millions of proprietary and licensed character-driven costumes to the market. For further information, visit www.disguise.com.

About JAKKS Pacific, Inc.

JAKKS Pacific, Inc. (NASDAQ:JAKK) is a leading designer and marketer of toys and consumer products with a wide range of products that feature popular brands and children's toy licenses. JAKKS' diverse portfolio includes Action Figures, Electronics, Dolls, Dress-Up, Role Play, Halloween Costumes, Kids Furniture, Vehicles, Plush, Art Activity Kits, Seasonal Products, Infant/Pre-School, Construction Toys, Ride-On Vehicles, Wagons, Inflatable Environments and Tents, Impulse Toys and Pet Products sold under various proprietary brands including JAKKS Pacific®, Road Champs®, Funnoodle®, JAKKS Pets TM, Plug It In & Play TV Games TM, Kids Only!®, Tollytots®, Disguise®, Moose Mountain® and Maui®. JAKKS is also the creator of the underlying Monsuno® property and toy line. JAKKS is an award-winning licensee of several hundred nationally and internationally known trademarks including Nickelodeon®, Warner Bros.®, Graco® and Cabbage Patch Kids®. DreamPlay Toys, LLC is a joint venture between JAKKS Pacific, Inc. and NantWorks LLC to develop, market and sell toys and related consumer products incorporating NantWorks' proprietary iD recognition technology. www.jakks.com

About Saban's Power Rangers

Saban's Power Rangers franchise is the brainchild of Haim Saban, creator and producer of the original Mighty Morphin Power Rangers hit series that launched in 1993. Following its introduction, Power Rangers quickly became the most-watched children's television program in the United States and remains one of the top-rated and longest running boys live-action series in television history. The series follows the adventures of a group of ordinary young people who "morph" into superheroes and save the world from evil. It is seen in more than 150 markets around the world, translated into numerous languages, and is a mainstay in the most prominent international children's programming blocks. SCG Power Rangers LLC, which licenses and merchandises the Power Rangers brand, is an affiliate of Saban Brands. For more information, visit www.powerrangers.com.

JAKKS Pacific, Inc.
Victoria Venturi, (310) 455-6235
victoriav@jakks.net