United Ventures Group, Inc. ***UVGI*** PEARL Dynasty, Inc.
E-Commerce Division Signs Merchandising Agreement
with International Pearl Company
AmericanCharm.com Completes E-Commerce Deal with Pearl Dynasty, Inc.
NEW YORK, Jan. 11 /PRNewswire/ -- Isaac Nussen, President of United Ventures Group, Inc.
(OTC Bulletin Board: UVGI - news) announced today that its web site www.AmericanCharm.com
has reached a comprehensive merchandising agreement with Pearl Dynasty, Inc. Pearl Dynasty, a
New York company, has been in business for over 30 years with a strong base in Japanese Akoya
pearl strands retailing between $3,000 and $7,000. Under the terms of the agreement, Pearl
Dynasty, Inc. will supply Japanese Akoya pearl jewelry products to AmericanCharm.com for sale
over the Internet. Preferential pricing terms and inventory continuity commitments were included in
the agreement, allowing AmericanCharm.com to commit to a 72-hour order fulfillment of the new
pearl jewelry items. All items will be shipped from the AmericanCharm.com factory in New York.
Items that will be offered for sale include pearl bracelets, earrings, necklaces, and rings retailing from
$49 to $2,000.
''Adding pearl jewelry to the current product mix of 14-karat gold jewelry and diamonds will further
our goal of providing Cyber-Shoppers a comprehensive line of fine quality and competitively priced
jewelry items. Our established marketing ties with Amazon.com and numerous other potential
Internet marketing concerns will certainly be enhanced as the product line grows to include more and
more desirable jewelry items,'' added Mr. Nussen.
''AmericanCharm.com provides an excellent E-commerce site with a growing mix of quality
inventory. This combination is a natural fit for our pearl line, and we look forward to growing our
pearl business in partnership with AmericanCharm.com,'' stated Mr. J. Biton, President of Pearl
Dynasty, Inc.
About United Ventures Group Incorporated
United Ventures Group, Inc., a Delaware Corporation, through its wholly owned subsidiaries, is a
designer, manufacturer, and distributor of 14-karat gold jewelry. The Company's product line
includes a wide assortment of 14- karat gold jewelry along with the newly added diamond and pearl
jewelry lines. The company currently sells its core line of 14-karat jewelry to mass merchandisers,
home shopping networks, discount stores, warehouse clubs and distributors. UVGI's
direct-to-consumer e-commerce site, www.AmericanCharm.com offers these products to
cyber-shoppers via the latest internet technology. All aspects of the e-commerce transaction are
completed in house at UVGI's corporate headquarters. The company is currently seeking to align
itself with major Internet marketing and advertising entities to increase the brand awareness and drive
consumer traffic to the site.
Contact Information:
United Ventures Group, Inc.
Isaac Nussen, President
(718) 361-0400
Email: jarnow2000@aol.com
PMR & Associates, LLC
Patrick M. Rost, Investor Relations
(760) 942-0015
Email: pmrandco@aol.com
SOURCE: United Ventures Group, Inc. |
