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. MAKE YOUR OPINION COUNT - Click Here 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.
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