Here's some news and a PR we've been asking for. It's a start.
Bobb
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Thursday March 25, 11:33 am Eastern
Time
Company Press Release
SOURCE: Grand Toys International
Grand Toys International
Announces Activation of
Corporate Website
MONTREAL, March 25 /PRNewswire/ -- Grand Toys International, Inc.
(Nasdaq: GRIN - news) today announced that its corporate website is now up
and running at http:\\www.grand.com. The site, designed to support the
Company's Canadian wholesale distribution customers, profiles Grand's full
product line.
''For the first time, our full product portfolio is now showcased on the Internet,
expanding our services to our distribution customers by allowing them to easily
examine our product line for the upcoming selling season,'' said Grand's
Chairman, Stephen Altro. ''We are currently investigating the feasibility of
selling certain products over the Internet, although we have not set a timetable
for a decision to add e-commerce to our website.''
Mr. Altro continued, ''Future sales over the Internet would most likely be
initiated with specialty offerings from Ark's line of soft foam oversized puzzle
toys, as well as parts of the Majorette and Solido lines of collectible die-cast
metal toy vehicles. We recently secured the exclusive North American
distribution rights to Solido, an affiliate of Majorette, which added to Grand's
growing portfolio of proprietary and distributed children's products. The
Majorette and Solido products currently have limited distribution in North
American collector markets. We believe that the collector market provides a
large base of customers that Grand could best reach over the Internet.''
Mr. Altro added, ''Our strategy is to transform Grand Toys into a diversified
manufacturer and marketer of consumer products for children throughout
North America. We believe our recent acquisitions as well as our new website
demonstrate our commitment to this strategy.''
Founded in 1960, Grand Toys International, Inc. is a premier distributor of a
wide variety of toys and ancillary items in Canada including FURBY and WCW
Wrestling figures and, since January 1, 1999, a manufacturer and distributor of
toys, puzzles and ancillary items in the United States.
This news release contains certain forward looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995, and is subject
to risk and uncertainties that could cause actual results to differ materially. Such
risks and uncertainties include, but are not limited to, those related to business
conditions and the financial strength of the retail industry, particularly for toy
and toy-related products; the level of consumer spending for such products; the
effect of currency translations; the ability of the Company to successfully obtain
its products from suppliers; and the success of advertising, marketing and
promotional campaigns.
Note: Further information on Grand Toys International, Inc. is available
through our website on the World Wide Web at grand.com |
