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Microcap & Penny Stocks : GBFE - GOLDEN BOOKS FAMILY ENTMT INC -- Ignore unavailable to you. Want to Upgrade?


To: Zena who wrote (297)2/16/1999 1:53:00 PM
From: myturn  Respond to of 476
 
GBFE has news out!

Golden Books Announces Debut of goldenbooks.com

BusinessWire, Tuesday, February 16, 1999 at 12:31

NEW YORK--(BUSINESS WIRE)--Feb. 16, 1999--

Reinforces Commitment to E-Commerce Development

In support of its commitment to the Internet and e-commerce,
Golden Books Family Entertainment (NASDAQ:GBFE) launched its newly
re-designed web site, www.goldenbooks.com.
The revamped site now directly targets the demands of the
consumer by answering the needs of parents, children and collectors.
Golden Books intends to further build on the site over the next few
months in support of its role as one of the strongest brands in
children's publishing.
The company's Special Markets group is dedicated to ensuring that
Golden Books is a leader in the future of children's book e-commerce.
"With Golden Books' 97% brand awareness and trust factor, we're one of
the first destinations for parents looking to buy children's books
on-line. We're committed to providing both the technological and
marketing support needed to successfully partner with electronic
retailers," said Patty Sullivan, EVP Managing Director of Golden Books
Special Markets.
In addition, Golden Books is now offering a selection of
children's books through a specially-created page on
Azazz.com (www.azazz.com), where it is the only children's book site.
Rich Collins, chief operating officer of Golden Books Family
Entertainment, said, "The strength of the Golden Books brand draws our
customers to our web site. After they arrive and surf around, they
tell us they want to buy our books, and that's where our relationships
with Amazon.com, Barnes&Noble.com. Azazz.com, and other family toy and
book-selling sites come in. We want to provide our customers with the
opportunity to buy our best books on-line through easy links to both
electronic retailers and traditional retailers like Wal-Mart, Kmart
and Target."
Golden Books Family Entertainment, Inc., is the leading
children's book publisher in North America. The Company owns one of
the world's largest libraries of family entertainment copyrights and
creates, publishes and markets entertainment products for children and
families through all media. Its extensive library includes The Lone
Ranger, Lassie, Underdog, Little Lulu, The Poky Little Puppy, Pat the
Bunny, popular holiday animated programs, such as Rudolph the
Red-Nosed Reindeer and Frosty the Snowman and the Shari Lewis
Enterprises Library.

This press release includes statements which may constitute
forward-looking statements made pursuant to the safe-harbor provisions
of the Private Securities Litigation Reform Act of 1995. Although the
Company believes the expectations contained in such forward-looking
statements are reasonable, it can give no assurance that such
expectations will prove to be correct. This information may involve
risks and uncertainties that could cause actual results to differ
materially from the forward-looking statements. Factors which could
cause or contribute to such differences include, but are not limited
to, factors detailed in the Company's Securities and Exchange
Commission filings.

CONTACT: Golden Books Family Entertainment
Juli R. Branson
212-547-6700
jbranson@goldenbooks.com

KEYWORD: NEW YORK
INDUSTRY KEYWORD: PUBLISHING INTERACTIVE/MULTIMEDIA/INTERNET
ENTERTAINMENT

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com

Copyright 1999, Business Wire

Companies or Securities discussed in this article:
Symbol
Name
NASDAQ:GBFE
Golden Books Family Entmt Inc

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