To: Rande Is who wrote (11683 ) 9/6/1999 10:35:00 AM From: Fuzzy Respond to of 57584
Rande any opinion on ZANY ?? TIA Friday September 3, 8:45 am Eastern Time Company Press Release Zany Brainy, Inc. Announces Three Grand Opening Celebrations Company Expands Presence on the West Coast with Arizona Stores KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Sept. 3, 1999-- Zany Brainy, Inc. (Nasdaq National Market: ZANY - news), a leading specialty retailer of high quality toys, games, books and multimedia products, today announced three new store grand openings, two in Phoenix, Arizona, and one in Woodland Hills, California. The new stores in the Ahwatukee and Peoria regions of Phoenix mark the Company's entrance into the state of Arizona. The Woodland Hills store is the 18th store in the state of California and the fourth store in the San Fernando Valley. ''We are enthusiastic about the continued success of our 1999 store expansion program,'' stated Keith C. Spurgeon, Chairman and CEO of Zany Brainy, Inc. ''By expanding into the Arizona marketplace, we simultaneously extend our national scope and strengthen Zany Brainy's presence on the West Coast.'' The Ahwatukee store, located in Maricopa County in Phoenix, is 10,615 square feet and serves the towns of Guadaloupe, Tempe and Chandler. The Peoria store, also located in Maricopa County, is 10,600 square feet and serves the northwest metro Phoenix area including Peoria and Glendale. The Woodland Hills store, located in Los Angeles County, is 10,984 square feet and serves the San Fernando Valley region of the greater Los Angeles area. The ribbon cutting ceremonies included free, special store events, which contributed to the successful grand opening celebrations. These festivities included hands-on toy demos, yo-yo workshops, chalk paint mural projects, 'Crazy Bones' tournaments and special character appearances by Curious George, Arthur, The Cat in the Hat, Spot and Ms. Frizzle and Lizzie. Mr. Spurgeon concluded, ''Our stores operate as a virtual playground where children and adults have access to an unparalleled merchandise selection that is intended to energize and inspire the minds of our youth. We will continue our growth in new and existing markets, supporting our ongoing effort to establish Zany Brainy as the national toy chain of choice.'' About Zany Brainy Zany Brainy, Inc. is a leading and rapidly growing specialty retailer of high quality toys, games, books and multimedia products for kids. The Company is a different kind of toy store with a unique product mission and a passionate commitment to its customers. Zany Brainy believes learning should be fun. Its products entertain, educate and spark the imaginations of children up to 12 years of age. The Company combines a distinctive merchandise offering with superior customer service and daily in-store events to create an interactive, ''kid-friendly'' and exciting shopping experience for children and adults. The Company presently operates 96 stores in 25 states. Certain statements in this report set forth management's intentions, plans, beliefs, expectations or predictions of the future based on current facts and analyses. Actual results may differ materially from those indicated in such statements. Additional information on factors that may affect the business and financial results of the Company can be found in filings of the Company with the Securities and Exchange Commission.