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TOKYOPOP Taps Two International Financial Pros

The TOKYOPOP Group has bolstered its worldwide finance and accounting infrastructure by appointing Cary Tan vp/controller of TOKYOPOP U.S. and Cathy Liu as group finance & administration director at TOKYOPOP K.K.

Tan will oversee the company's U.S. accounting systems, financial reporting and outside royalty reporting in its Los Angeles office. Tan has more than 18 years of progressive hands-on financial and managerial experience. Tan most recently was vp of Galleria Inc., where he supported company growth by negotiating an impressive increase in bank credit facility from $30MM to $82MM over a four-year period. He also held posts at Veritami Inc. and Crown Bolt.

Liu also comes to TOKYOPOP with a wealth of financial industry experience that includes crucial financial posts at Hitachi, Toyoichitsusho Co. Ltd. and Mitsubishi. Most recently, she was controller at The Hudson Software Co. Ltd., where she headed international business development planning while overseeing the company's worldwide operations. Liu will manage all accounting and financial reporting for the operating entity and holding company in Tokyo.

"We couldn't be more pleased to have found Cary and Cathy for these important roles," said TOKYOPOP Group ceo Stuart J. Levy. "This is a tremendous time of growth for our company, and we are confident that these executives have what it takes to assist us in expanding our worldwide operations."

TOKYOPOP (www.TOKYOPOP.com) is the largest English-language publisher of manga in the world, as well as a youth-oriented entertainment company that creates, licenses and publishes hundreds of book, DVD and music properties. The company's global reach has recently expanded to Europe, with new offices in the U.K. and Germany, in addition to its Los Angeles and Tokyo operations. With nearly 28 million books in print, TOKYOPOP's award-winning catalog of licensed and original properties features more than 200,000 pages of manga compiled from nearly 1,000 manga volumes.

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