Small World Kids Announces New Credit Facility With PNC Bank

CULVER CITY, Calif., Dec. 20, 2004 (PRIMEZONE) -- Small World Kids, Inc. (OTCBB:SWKD) today announced it has established a three-year, $16.5 million revolving credit facility with PNC Bank, National Association, replacing a previous $11.5 million credit agreement with Manufacturers Bank.

"While our relationship with Manufacturers Bank was excellent, this new agreement provides a larger credit facility that can be utilized for existing operations as well as supporting our acquisition strategy. We look forward to establishing a close working relationship with PNC," said Debra Fine, chairman, president and chief executive officer.

About the Company

Small World Kids develops, manufacturers, markets and distributes high quality specialty toys and educational products for children. Its sales categories include infant, pre-school, early learning, imaginative and active play, represented by award-winning brand names Ryan's Room, Gertie Ball, IQ Baby, and Puzzibilities. The company also holds rights in the U.S. for specialty channel distribution for brands such as Tolo. Its products are sold in over 3,000 locations -- including educational channels, retail chains, Internet sites, catalogues and specialty stores.

Forward Looking Statements

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors which include but are not limited to risk factors inherent in doing business. Although the company's management believes that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.