The Lady Bug is a special release of the Proyo 2 and only a few were sold at Dave's Skill Toys online store. The logo was designed by Tom Van Dan Elzen, the owner of Playmaxx, for his wife, the queen "Bee". She was fond of ladybugs and suggested it.
The dark red half is very unique. It's the same brick red color of the Killer Bee release for contests. To obtain the color, old proyos (from the Don Duncan Days) were ground up and added to the plastic mix. Apparently Tom could not match the brick red color any other way. Only about 30 Ladybugs were made.