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To: Popiye who wrote (6365)3/31/1999 9:30:00 AM
From: VelvetX  Respond to of 9115
 
DMEC secures Wal-Mart as customer... (news)

Diamond Entertainment Announces Its Roll Out Program With Sam's Club

March 31, 1999 08:01 AM
CERRITOS--(BUSINESS WIRE)--March 31, 1999--Diamond Entertainment Corporation, DMEC announced today that it has successfully completed its initial test program received from Sam's Club three weeks ago, for its recently acquired religious video title series the "Testament." Based on the success of the test, Diamond has implemented its roll out program to 150 of Sam's Club stores for its "Testament" series of famous Bible stories. Once the program is successful, Diamond will place the Testament series into all of Sam's Club stores, nationally.

"This roll out program with Sam's Club is a significant move for us and once successful, it will enable Diamond to regain Sam's as one of our major accounts and I will be glad to have them back as our customer," stated James Lu, President/CEO of Diamond Entertainment. "Sam's Club can move large volumes for us, and could contribute between $2 and $3 million in annual revenues for Diamond," added James Lu.