Grand Toys International Assumes Canadian Distribution Rights for the I-Zone Xcessories Line From COLORBOK and HAMA Beads

Apr 20, 2001, 01:00 ET from Grand Toys International, Inc.

    MONTREAL, April 20 /PRNewswire Interactive News Release/ --
 Grand Toys International, Inc. (Nasdaq:   GRIN) announced that it has recently
 concluded agreements with the Colorbok and Hama companies to distribute their
 product lines in Canada.
     The Colorbok range is a line of Polaroid i-Zone accessories, including
 photo album key rings and photo frame magnets.   The Polaroid I-Zone Instant
 Pocket camera is a number one seller in North America, and the Colorbok
 product line offers teens and tweens a way to extend the i-Zone experience.
     Hama Beads is a user-friendly bead activity system, which assists children
 in the learning process as well as contributing to their creative aptitudes.
 They learn to recognize and match colors, and to place small objects with
 precision, while creating their own designs or using supplied patterns. Hama
 Beads are made in Denmark.
     Ian Bradley, President and CEO commented "The addition of Colorbok and
 Hama Beads to our Canadian distribution base represents a major opportunity
 for Grand Toys to expand its demographic platform and is consistent with the
 expressed mandate to extend our customer profile into specialty, gift and
 second tier retail outlets".
     Founded in 1960, Grand Toys International, Inc. is a premier licensee and
 distributor of a wide variety of toys and ancillary items in Canada and since
 January 1999, a supplier of proprietary products in the United States.
 
     This news release contains certain forward-looking statements and
 potential benefits from the Company's acquisition strategy, which are within
 the meaning of the Private Securities Litigation Reform Act of 1995, and are
 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.
 
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                http://tbutton.prnewswire.com/prn/11690X72423943
 
 

SOURCE Grand Toys International, Inc.
    MONTREAL, April 20 /PRNewswire Interactive News Release/ --
 Grand Toys International, Inc. (Nasdaq:   GRIN) announced that it has recently
 concluded agreements with the Colorbok and Hama companies to distribute their
 product lines in Canada.
     The Colorbok range is a line of Polaroid i-Zone accessories, including
 photo album key rings and photo frame magnets.   The Polaroid I-Zone Instant
 Pocket camera is a number one seller in North America, and the Colorbok
 product line offers teens and tweens a way to extend the i-Zone experience.
     Hama Beads is a user-friendly bead activity system, which assists children
 in the learning process as well as contributing to their creative aptitudes.
 They learn to recognize and match colors, and to place small objects with
 precision, while creating their own designs or using supplied patterns. Hama
 Beads are made in Denmark.
     Ian Bradley, President and CEO commented "The addition of Colorbok and
 Hama Beads to our Canadian distribution base represents a major opportunity
 for Grand Toys to expand its demographic platform and is consistent with the
 expressed mandate to extend our customer profile into specialty, gift and
 second tier retail outlets".
     Founded in 1960, Grand Toys International, Inc. is a premier licensee and
 distributor of a wide variety of toys and ancillary items in Canada and since
 January 1999, a supplier of proprietary products in the United States.
 
     This news release contains certain forward-looking statements and
 potential benefits from the Company's acquisition strategy, which are within
 the meaning of the Private Securities Litigation Reform Act of 1995, and are
 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.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X72423943
 
 SOURCE  Grand Toys International, Inc.