Peter Pan Industries Becomes Inspired Corp.

Video and Music Pioneer Celebrates 75 Years, Changes Name and Announces Expansion Plans

Roseland, N.J. Peter Pan Industries (PPI) announced today that the company is being renamed Inspired Corporation as it celebrates its 75th anniversary.

The new corporate name is part of the company's overall growth strategy that includes expanded distribution, production, and broader product lines. Inspired Corporation will release several new titles in fitness and wellness, and other areas that meet the growing demand for wellness-conscious consumers who are eagerly enriching their lifestyles. Founded in 1928, PPI is known for its strong presence in the video and music retail markets. The PPI labels have produced thousands of titles in fitness and wellness, childrenís music and books, films and other categories.

Some of the previous top-selling products and personalities including fitness videos featuring Denise Austin (alone selling millions of units annually), Tony Little, Jazzercise, Leslie Sansone and Joanie Greggains. It's difficult to let go of the Peter Pan corporate name that millions of customers have known for so many years. We started back in the post-World War II era with our Peter Pan, Tinkerbell, Rocking Horse, and Humpty Dumpty children's record labels",said Donald Kasen, CEO and President of Inspired Corp. As we've evolved over the decades, we're very enthusiastic about the strong response weíve had to our entire line of wellness products. We're also eager to continue expanding in our other strong categories, like children's lifestyle titles and movies."

Inspired Corp. will operate three wholly owned LLC subsidiaries: Inspired Distribution, Inspired Productions and Peter Pan Music Publishing. Inspired Distribution will be a centralized sales and marketing unit for all products into the company's vast distribution channels, including over 65,000 store locations in North America alone. Inspired Productions will license and produce films and video titles, and provide production management services. Peter Pan Publishing will acquire, license and produce music titles.

The products are sold through virtually all the major retail chains, mass marketers, music stores, video stores, rental stores, book chains, food and drug stores, a variety of specialty resellers, and are included in more than 150 catalogs.

This fall, Inspired Corp. will offer the release of ìPlay Ball! The Authentic Little League Baseball Guide to Öî with four editions: Rules and Regulations, Pitching, Fielding and Hitting. Hosted and narrated by Ray Romano (ìEverybody Loves Raymondî), the series features 28 Major League players and coaches, as well as celebrity hosts. The series will also be available in three languages.

Inspired Corp. will be kicking off its new fall wellness releases with two new titles in its already highly successful brand, The MethodÆ. The company will also be expanding into the feature film distribution arena with titles including ìAmy,î winner of 21 major international awards, starring Rachel Griffiths, and ìChanging Hearts,î starring Lauren Holly and Faye Dunaway. Each program will be available in both the North American and European markets.

In addition to its highly successful Parade, Current Wellness and Peter Pan video labels, PPI distributes several audio programs on various labels including Peter Pan (children's), Compose (various artists and genres), Compose-Tropico (Latin), and Current (new age, lifestyle and world beat).

About Inspired Corporation

Inspired is dedicated to delivering products that create an exceptional customer experience that fuels personal development, growth and transformation. As the oldest independent entertainment distribution company in America, Inspired Corp. executes the development, production, publishing rights management, and worldwide distribution of film, television and video programming, music and audio content, books and print publications, and merchandise. Its product categories include: Wellness and Fitness; Children's Activities and Lifestyle Learning; Family, Children and Holiday Entertainment; and Special Interest and Documentaries.

The company is headquartered at 103 Eisenhower Parkway, Roseland, N.J., 07068; phone: 973-226-1234; fax: 973-226-6696; Web site: www.inspiredcorp.com

Inspired Corporation Media Contacts:

Donald Kasen

President & CEO

973-226-1234

dkasen@inspiredcorp.com