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10:18 AM - (BSNS WIRE) Marx Toys Receives Multiple Orders For IM Buddies; Company Raises
Projections
Marx Toys Receives Multiple Orders For IM Buddies; Company Raises Projections


Business Editors/High-Tech Writers

SEBRING, Ohio--(BUSINESS WIRE)--Aug. 15, 2003--Marx Toys And
Entertainment Corp. (OTCBB:MRXT) receives multiple retail orders
including another 10,000 unit wholesale order for its revolutionary
new "IM Buddies" toy line. Additionally, Marx Toys has received orders
from retailers across the US and will be announcing as orders are
processed.
This is the second large wholesale order in one week since Marx
Toys introduced the "IM Buddies" toy Line. Marx's Sales Team plans on
raising it's projections due to the enormous receptiveness in the
field. Our sales force had a conservative goal of 1 million units to
be sold by year's end, however, based on the current order flow and
multiple orders waiting for credit line approvals, Marx Toys now
expects Toy sales to exceed previous projections by years end.
Marx Toys will continue to be aggressive thru its retail channels
and is presently in the final stages of negotiations with major
Internet service providers, motion picture studios, television
producers, a large telemarketing department and other licensees.
Looking Forward, Marx Toys sees continued strong growth in new retail
and wholesale orders, strong website transactional business, and
significantly higher profits for the 3rd Quarter and into the years
end. The company is looking forward to sharing additional details
regarding new retail partners, additional Marx Toys product lines, and
our aggressive growth strategy over the next few days and weeks.
"Since our introduction of the product, these orders represent
only 1 week of transactional order flow and the current monthly
projections are significantly higher than we ever expected. We remain
confident with our current closing rates on orders and we see much
stronger retail and wholesale order flow into the holiday season and
beyond," comments Steven Wise, MARX Toys CEO, "Individuals have
inundated our website while trying to order the 'IM Buddies'."

About IM Buddies

IM Buddies are a new robotic line which will retail for $24.99.
The toy, which Marx has exclusivity to, will resemble famous cartoon
characters and real life individuals. The buddy will sit on top of
one's computer monitor and verbalize the user's incoming messages
through an advanced "text to speech" technology. The animatronic
messaging companion not only talks in the actual character's voice,
but has the motorized ability to move it's mouth and head
simultaneously. This companion uses an infrared sensor and is linked
to the front of the computer monitor. Last, it consists of
multifunctional capabilities, which include reading stories and
playing a handful of online games that come packaged with each toy. So
far, Marx has revealed its first 2 characters...Bugs Bunny and Daffy
Duck, both from the Warner Bros. Looney Tunes Family.

About Marx Toys And Entertainment Corp.

Marx Toys And Entertainment Corp. manufactures and markets
interactive toys and reissued collectible toys, along with classic
games, play sets and ride along toys. Marx's vintage originals are
highly collectible amongst hobby enthusiasts. Marx branded toys are
sold at more than 400 toy and hobby retailers across the U.S. and has
a rich history dating back to 1928. To read more on this history,
visit http://www.marxtoys.com.
In late July, Marx Toys announced AZtor Corporation which the
Company plans to form a separate subsidiary, yet integrate its
software development for future integration into our new Toy line.

About AZtor Corp.

AZtor, based in New Jersey, offers a suite of high performance and
manageable storage products. AZtor products are powered by its unique
Storage Area Management Software (CloudStor(TM)) and are simple to
install, manage and administrate. The software has been widely
accepted globally, especially in the defense and aviation sectors due
to its inability to lose data. In disaster recovery situations, the
software continues to store data thru mirroring the information to
multiple units. This allows one to retrieve lost time and data in
seconds rather than days or weeks with storage driven software made by
companies such as EMC (NYSE:EMC), IBM (NYSE:IBM) and HP (NYSE:HPQ).
http://www.aztor.com

"Safe Harbor" statement under the Private Securities Litigation
Reform Act of 1995: Except for historical information, all of the
statements, expectations and assumptions contained in the foregoing
are forward-looking statements that involve a number of risks and
uncertainties. It is possible that the assumptions made by management
are not necessarily the most likely and may not materialize. In
addition, other important factors that could cause actual results to
differ materially include the following: business conditions and the
amount of growth in the Company's industry and general economy;
competitive factors; ability to attract and retain personnel; the
price of the Company's stock; and the risk factors set forth from time
to time in the Company's SEC reports, including but not limited to its
annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB;
and any reports on Form 8-K. Marx Toys And Entertainment Corp. takes
no obligation to update or correct forward-looking statements