Canadian comics publisher Dreamwaye Prods. has stopped operations and is shutting its doors. Dreamwaves line of licensed comics included TRANSFORMERS, DUEL MASTERS, TEENAGE MUTANT NINJA TURTLES and MEGAMAN. President Pat Lee cited market conditions as the reason for the closing, including "...the shrinking comicbook market combined with a weak U.S. dollar and unsustainable monetary commitments." The company was founded in 1996 by brothers Pat and Roger Lee.