Heat oven to 375°F.

In large bowl, stir together cookie mix, butter, egg, flour, 1 teaspoon rum extract and the nutmeg until soft dough forms.

Fit cookie press with desired template.

Fill cookie press with dough; press cookies onto ungreased cookie sheets.

Bake 6 to 8 minutes or until set.

Cool 1 minute; remove from cookie sheets to cooling racks.

Cool completely, about 30 minutes.

In small bowl, stir powdered sugar, milk and ¼ teaspoon rum extract until icing is smooth and thin enough to drizzle.

Drizzle over cookies.

Sprinkle with colored sugars.

Let stand until set.