Corgi International Limited Announces Partnership Agreement With Horizon Fuel Cell Technologies (Horizon)

January 11, 2008

Corgi International Limited (NASDAQ GM:CRGI) and Horizon Fuel Cell Technologies (Horizon) today announced they had completed a strategic partnership agreement aimed at harnessing the combined strengths of one of the worlds leading toy companies and the leading global producer of consumer-oriented fuel cell technologies. The worldwide partnership agreement will allow Corgi International to utilise Horizons leadership in innovative fuel cell technologies to develop a range of environmentally-friendly, green-powered toy vehicles.

The partnership was announced at the opening of the Hong Kong Toys and Games Fair, the second-largest fair of its kind in the world.

Michael Cookson, CEO of Corgi International, said: This agreement represents a new chapter for Corgi International and is clear evidence that, as a company, we are at the forefront in bringing new and cutting-edge environmentally-friendly and green technologies to the international toy market.

A sustainable future begins with todays children and I am delighted that as a result of this partnership Corgi International stands at the vanguard of developing the future of play right here today.

Taras Wankewycz, Vice President, Horizon Fuel Cell Technologies, said: This partnership with Corgi International is a hugely exciting step for Horizon and provides a unique opportunity to take fuel cell technology out of the laboratory and into millions of homes around the world.

About Corgi International

Corgi International is a global Pop Culture company, which develops and markets innovative and high-quality licensed and unlicensed toys, gifts and collectables with broad appeal to a consumer demographic ranging from 8 to 88 years of age via direct, specialty, hobby, collector and mass retail channels worldwide. The Companys line of products range from premium entertainment prop replicas and limited edition adult memorabilia to traditional toys and gift merchandise for young adults.

The company holds varying licenses for many of entertainments highest grossing franchises including Disney Classics, Harry Potter, James Bond, Star Trek, Nintendo, Halo and The Beatles, amongst others. Corgi International also has partnerships with cutting edge technology innovators around the world.

The Company was formed in December 2006 through the merger of Master Replicas, Corgi Classics, and Cards Inc, with its headquarters in Hong Kong, and operations in Walnut Creek and Chicago, USA, and in Watford and Leicester, UK.

About Horizon Fuel Cell Technologies Pte Ltd

Thinking big, yet starting small, Horizon pioneered the sales of next-generation fuel cell power products in small consumer products, while developing larger-scale clean power solutions for practical applications in portable remote power, light-duty transportation and aerospace. With comprehensive technological developments focused on enabling fuel cell commercialization, Horizon is the first company to bring advanced fuel cell technology out of the laboratories and into the mass market today. For more information, visit http://www.horizonfuelcell.com.

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2 Responses to “Corgi International Limited Announces Partnership Agreement With Horizon Fuel Cell Technologies (Horizon)”

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