LeapFrog Enterprises Appoints Caden Wang and Ralph Smith to Its Board

EMERYVILLE, Calif., March 31 /PRNewswire-FirstCall/ -- LeapFrog Enterprises, Inc. , a leading developer of innovative technology- based educational products, today announced the appointment of Caden Wang and Ralph R. Smith to its Board of Directors. Messrs. Wang and Smith replace Stewart Resnick and Barry Munitz, who have resigned from the Board effective as of March 31.

LeapFrog's Board unanimously approved the appointment of Messrs. Wang and Smith on March 28, 2005. They will begin serving on the LeapFrog Board effective April 1.

"I am thrilled with the appointment of these two talented individuals to our Board of Directors. Caden's financial acumen and extensive international retail and branding experience is a great addition to LeapFrog's Board of Directors, our audit committee and our compensation committee," said Steven Fink, LeapFrog's Chairman. "Ralph brings a background dedicated to the education of children and, in particular to the issues confronting at-risk children, and he is a welcome addition to our nominating/corporate governance committee and audit committee. We are delighted that they each have decided to join us. We also want to express our appreciation and thanks to Stewart Resnick and Barry Munitz for their tireless work on LeapFrog's Board of Directors these last three years."

Mr. Wang has been affiliated with Jackson Hole Consulting Group since June 2003. Since October 2003, Mr. Wang has served on the Board of Directors of bebe stores, inc. and is the chairman of their audit committee. From 1999 to 2001, Mr. Wang served as Executive Vice President and Chief Financial Officer of LVMH Selective Retailing Group. He has also served as the Chief Financial Officer of DFS, Gump's and Cost Plus. Mr. Wang is a Certified Public Accountant.

Mr. Smith currently serves as Senior Vice President of The Annie E. Casey Foundation, a private philanthropy dedicated to helping build better futures for disadvantaged children in the United States. Since 2004, Mr. Smith has served on the Board of Directors of Nobel Learning Communities, Inc. He is also a member of the Board of Directors of Venture Philanthropy Partners, a non-profit philanthropic investment organization serving the National Capital Region, and a member of the Board of Directors of the Center for Responsible Lending, a non-profit research and policy organization protecting home ownership and family wealth. From 1975 to 1997, Mr. Smith was a member of the faculty of the Law School of the University of Pennsylvania, teaching corporate law, securities regulations, and education law and policy. Mr. Smith also has held a number of senior leadership positions for the School District of Philadelphia, including chief of staff and special counsel.

When Messrs. Wang and Smith join Stan McKee on the audit committee of LeapFrog's Board of Directors, the audit committee will meet the New York Stock Exchange's corporate governance standards.

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. Emeryville, California-based 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, math, music, geography, social studies, spelling, vocabulary and science. In addition, the company has created more than 35 stand-alone educational products for ages six months 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 more than 200 interactive books and over 450 skill cards representing more than 6,000 pages of educational content.

Investor Contact: Media Contact: Eileen VanEss Cherie Stewart 510-420-5361 510-596-3343 evaness@leapfrog.com cstewart@leapfrog.com