The following is the announcement of the settlement of the Robot Wars Trademark as posted on the Robot Wars Forum by Gary Pini on 3/5/99:

ROBOT WARS LLC
74O BROADWAY
NEW YORK, NY 10003

For immediate release: New York, NY March 5, 1999

Robot Wars Back On Track

Steven Plotnicki, President of Profile Holdings, Inc. (fka as Profile Records) and Marc Thorpe are happy to announce that the United States Bankruptcy Court in Santa Rosa, California, has approved the terms of a settlement that provides for the acquisition of Marc Thorpeõs interest in the Robot Wars Joint Venture. The business will be known as Robot Wars LLC. Thorpe will continue to have a financial interest in Robot Wars through ongoing royalty payments.

Robot Wars was first staged in the summer of 1994 at Fort Mason in San Francisco. It was an immediate artistic as well as critical success. The event was widely reported in the worldwide media and from 1994 through 1997 the live event grew as the number of contestants went from 17 to 70 and attendance increased from 1,000 to over 5,000 people.

In the spring of 1997, the British Broadcasting Company commissioned a television program based on Robot Wars and in November of 1997, Mentorn, Barracough, Carey produced six episodes which were broadcast on the BBC2 in the spring of 1998. The show was met with so much enthusiasm that the BBC ordered eighteen new episodes that began airing in the fall of 1998. Robot Wars is currently a weekly series watched by over 6,000,000 people in the United Kingdom.

Robot Wars is the highest rated childrenõs television program in the UK, with over 2,000,000 children viewing each week. Building on the series success, the show is beginning to spawn licenses around the Robot Wars brand. A book about Robot Wars was just published in the United Kingdom by Boxtree. A home video about Robot Wars is in production and will be released in the UK by Polygram . In addition, a live competition for United Kingdom competitors is in the works for later this year.

śNow that the litigation is behind us, we can finally get the property back on track in the U.S.,™ says Plotnicki. Over 7,500 people in the United Kingdom have joined the Robot Wars Club and more than 400 people built robots for last years series. śConsidering that the U.S. television market is more than four times the size of the UKõs, the potential here is enormous,™ adds Plotnicki.

śPlans are in motion for a live Robot Wars event to be held in San Francisco this summer. I know that the U.S. robot makers have been anxious for the event to be held. Now they will once again have their chance to compete during the summer of 1999,™ says Thorpe. The success of the UK program has created some interest among U.S. broadcasters. śDiscussions are underway to broadcast this summerõs event,™ says Plotnicki. In addition, a weekly television program is being planned.

Marc Thorpe will also be connected to the property as its roving ambassador. Robot Wars' Gary Pini says, śWeõre hoping that we can bring Marcõs original vision into every household in the world. The evolution of the quality of robot building has been phenomenal. We believe we are on the road to finding enough star-quality robots to make Robot Wars a premier television program and live entertainment property throughout the world.™

The Robot Wars website (robotwars.com), will soon be updated to provide more information for contestants as well as fans. For press/media information, please contact Tracey Miller at 201-531-0484. For other inquiries, contact Gary Pini at 212-529-2600.
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