LeapFrog Announces the Departure of Founder Mike Wood

Sep 01, 2004, 01:00 ET from LeapFrog Enterprises, Inc.

    EMERYVILLE, Calif., Sept. 1 /PRNewswire-FirstCall/ -- LeapFrog
 Enterprises, Inc. (NYSE:   LF), a leading developer of innovative technology-
 based educational products, today announced the resignation of LeapFrog
 founder Michael C. Wood as Chief Vision and Creative Officer, and as Vice
 Chairman and member of the Board of Directors.
     Announcing Mr. Wood's resignation, LeapFrog Chief Executive Officer Tom
 Kalinske said, "Mike is an extremely creative and passionate individual who
 has been a driving force at LeapFrog, helping to take the company from a
 single learning product to a successful global education brand. On behalf of
 the Board and everyone at LeapFrog, I would like to extend our deepest
 gratitude to Mike for his dedication, hard work and years of service to this
 company and to our mission to create effective and engaging learning
 experiences for all ages around the world. We wish him well in his future
     "I have spent the last decade of my life committed to creating spectacular
 educational products -- I am most proud of the fact that LeapFrog touches the
 lives of parents, teachers and children every day, as demonstrated by the
 personal letters that I have received over the years," said Mr. Wood. "I
 believe that LeapFrog is ready for its next stage of growth, and I have great
 confidence in Tom Kalinske, Jerry Perez and the executive team at LeapFrog to
 continue to deliver innovative and engaging learning products -- I wish the
 company well. As an entrepreneur at heart, I am excited to turn my attention
 to new ideas and personal interests."
     Mr. Wood has served in a number of executive positions at the company,
 including as Chief Executive Officer from March 2002 to February 2004 and as
 Vice Chairman since September 1997. Mr. Wood founded the company in 1995 after
 developing the patented Phonics Letters and Phonics Desk(TM) products.
     Mr. Wood's responsibilities will be assumed by various members of
 LeapFrog's executive team.
     About LeapFrog
     LeapFrog Enterprises, Inc. is a leading designer, developer and marketer
 of innovative, technology-based learning products and related proprietary
 content, dedicated to making learning effective and engaging for all ages, at
 home and in schools, around the world. The company was founded in 1995 and is
 based in Emeryville, California. LeapFrog has developed a family of learning
 platforms that come to life with more than 100 interactive software titles,
 covering important subjects such as phonics, reading, writing, math, music,
 geography, social studies, spelling, vocabulary and science. In addition, the
 company has created more than 35 stand-alone educational products for children
 from birth to 16 years.
     LeapFrog's award-winning U.S. consumer products are available in six
 languages at major retailers in more than 25 countries around the world. The
 LeapFrog SchoolHouse-curriculum programs are currently in classrooms across
 the U.S. with over 200 interactive books and over 450 skill cards representing
 more than 6,000 pages of educational content. LeapFrog SchoolHouse(TM)
 products have won numerous awards from the education industry, including the
 Golden Lamp Award and Distinguished Achievement Award from the Association of
 Educational Publishers, the Award of Excellence from Technology & Learning
 magazine and the Teacher's Choice Award from Learning magazine.
     NOTE:  LEAPFROG, the LeapFrog logo, LeapFrog SchoolHouse and PHONICS DESK
 are trademarks or registered trademarks of LeapFrog Enterprises Inc.
      Press Contact:                     Investor Contact
      Cherie Stewart                     Jim Curley
      LeapFrog Enterprises, Inc.         LeapFrog Enterprises, Inc.
      510-596-3343                       510-420-4882
      cstewart@leapfrog.com              jcurley@leapfrog.com

SOURCE LeapFrog Enterprises, Inc.