Sunbow Entertainment and Nickelodeon have signed a co-development deal for SKELETON KEY, a contemporary comedy adventure series targeted at 8 to 13 year olds. SKELETON KEY is based on the popular Slave Labor Graphics comic books by British writer Andi Watson. The animated series centers on small town teenager Tamsin Mary Cates who holds a magic key with the ability to move her in and out of another world. Pending development, the initial series of 13 half hours is scheduled for delivery to Nickelodeon in 2003. Although Sunbow Entertainment has worked with Nickelodeon U.K. in the past on THE BROTHERS FLUB, SKELETON KEY signifies the first time that Sunbow and Nickelodeon U.S. are collaborating on the creative development of a project. This agreement also represents the first U.S. development commission for Sunbow Entertainment since its launch under new ownership. In December 2000, parent company TV-Loonland founded Sunbow Entertainment following its acquisition of Sunbow Productions and the entire TV production and distribution business activities of Sony Wonder.