DIPL: Here is the article on baby clothes and DIPL. I don't know whether or not they will be selling the baby clothes online but, I will call the company and find out. If they are that would be a great market niche for the company, in addition, to its two high end women's clothing lines that will be online.
biz.yahoo.com
Diplomat's Subsidiary Ecology Kids Inc. Signs License Agreement With Warner Bros.
STONY POINT, N.Y.--(BUSINESS WIRE)--Dec. 8, 1998--Diplomat Direct Marketing Corporation (NASDAQ: DIPL - news) is proud to announce that its wholly-owned subsidiary Ecology Kids Inc. has entered into a license agreement with Warner Bros., a division of Time Warner Entertainment Company L.P., based in Burbank Calif., to incorporate the ''Baby Looney Tunes'' characters in its infants' swim diaper product line.
Jonathan Rosenberg, President & CEO said, ''High profile licenses such as the ''Baby Looney Tunes'' positively impact a company's visibility in its marketplace and at the store shelf level. We are
enthused about pursuing this exciting avenue for Ecology Kids, Inc.'s
product line and are proud to be associated with the Warner Bros. name.''
The Ecology Kids division, which represents approximately 8% of the company's revenue, designs, develops, markets, and distributes infant products such as swim diapers, nursery accessories, layette, room decor, and travel products, marketed under the Ecology Kids tradename. Products are sold directly to more than 500 retail accounts, comprising general mass merchandisers, toy retailers, selected chains, and independent children's stores. Principal customers include Wal-Mart, Toys R Us, Burlington Coat Factory, Walgreen's, Target, and many others.
Disclaimer: This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks defined in this document and in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by, or on behalf of, the Company, are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
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Contact:
Diplomat Direct Marketing Corporation
Jonathan Rosenberg, President and CEO
201/833-4450, ext. 3592
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