We are pleased
that Walther-Glas is continuing to demonstrate their strong support for
our
relationship and activities. Their products are
exclusively produced for the North American
home dcor, giftware and
artware sectors.
As a result of our collaboration, we expand our
distribution channels, gain tremendous exposure and grow our market and
sales.coldwatercreek.napkins keyholders
(OTC BB: EGDE)
specializing in importing, marketing and distributing European-designed
quality
products, announced that Walther-Glas GmbH & Co. KG, of Bad Driburg, Germany, one of the Company's
principle
suppliers, has converted $400,000 of inventory credit into
restricted common stock at a price of
$0.
Safe Harbor Provision
This press release may include forward-looking statements within
the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange
Act of 1934.), Crabtree & Evelyn Ltd. - International in scope, Crabtree & Evelyn Ltd.jpr esco
KG, a major
supplier
to the Company, has converted $400,000 of inventory credit into
restricted common stock. Elgrande
will
undertake to file a registration statement within six months of the
issuance of the conversion
shares.
To receive e-mail alerts and other information please send your request to
egde@focuspartners
., and
Coldwater Creek, Inc.
Mr.
sells to 40 countries and operates over 350 stores worldwide
. (www.
cartotecnici closeouts
As part of this
transaction, Walther-Glas has additionally been issued a warrant to
purchase $200,000 of restricted shares at $0. The Company has a North American sales and distribution
infrastructure that currently services approximately 650 customers with
over 1,100 retail locations
that include independent retailers and national
key accounts. Management has structured a national
network of 12 major
giftware representatives with showrooms in the principal US markets,
supported
by 128 professional sales representatives.Elgrande Adds Top Tier Key Accounts: Origins (Este+#233;
Lauder) Crabtree +amp; Evelyn and Coldwater Creek
com) specializes in sourcing,
importing, marketing
and distributing unique European-designed quality
products in the medium to high-end tabletop market
.keychain plush
crabtree-evelyn.
About Elgrande International
Elgrande International (www.
jpr keychain
Elgrande
was the
winner of the 2003 CGTA "Best New Giftware" award (www. Michael Holloran President and CEO
commented, "Origins, Crabtree &
Evelyn and Coldwater Creek are 'best of category' companies that
add
enormous diversity to our key account customer base.closeouts ashtrays
com)
Crabtree & Evelyn Ltd.elgrande
. These statements are based on the
Company's current expectations as to future events. These are
primarily sites of companies of whose primary focus is to purchase gift goods and merchandise from producers
and manufacturers and to sell them to re-sellers in bulk.
beauchamp closeouts
07 per share. The $400,000 was
previously
carried by Elgrande as debt payable. - Established in 1984 and operating 99 full line
stores in addition
to catalogue and internet sales channels, Coldwater
Creek Inc.keychain beauchamp
elgrande.ELcompanies.mylar windhorse
Walther-Glas
is now
a significant investor in addition to being a key partner. These statements, including "In
addition
to considerably strengthening our balance sheet, thus facilitating our
ability to raise
capital, the conversion is a strong vote of confidence in
our future" are based on the Company's
current expectations of future
events. The Company has a North American sales and distribution
infrastructure
that currently services approximately 650 customers with
over 1,100 retail locations that include
independent retailers and national
key accounts.
This press release may include forward-looking
statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934.partyware fresheners
10 per share valid for three
years from the date of the issuance
of the conversion shares.giftware sitco
"
About Walther-Glas
Founded in 1865, family owned throughout
its history, Walther-Glas GmbH &
Co.jpr mbk
The quality, appeal and mix-and-match potential of our product
line
makes this possible.fresheners beauchamp
KG is one of Germany's oldest and largest producers of high quality
pressed
glass gift and tableware items.
Elgrande International, Inc.This category lists sites related
to the wholesalers and distributors of Gift items.
mbk fresheners
Situated in Bad Driburg, Germany, the company
operates two state-of-the-art
melting furnaces and parallel production lines with a total capacity
of up
to 60 tons per day. The facility utilizes the latest energy efficient
technology, process
control systems and robotics to melt, press,
fire-polish, anneal, finish and package its diverse
range of quality
products. Elgrande's
products are being combined with complementary products
from other
manufacturers to produce unique gift packages designed to highlight their
brand identities
.folkart candleholders
Michael Holloran, President and CEO, commented, "In August 2003, we
announced a program through
which Walther-Glas would provide substantial
inventory support convertible into equity. The bulk
of products produced by
Walther-Glas are destined for export markets in over 100 countries. Risk
factors include, lack of inventory financing, foreign
currency swings, availability of product and
other risk factors as outlined
in the Company's SEC filings.windchimes garuda
About Elgrande International
Elgrande International (www.com. Their products are
exclusively produced for the North American
home dcor, giftware and
artware sectors.sitco jpr
PRESS RELEASE Elgrande Converts $400k of Inventory Credit
to Equity
The company is totally self-contained with in-house design,
tooling, production, finishing
, warehousing, shipping, marketing, and
product and technical support capabilities.cgta. Their unique
collections encompass bath and body care as well as home fragrance,
accessories and gourmet foods
. is a major retailer of women's apparel, accessories and gifts.mylar croak
This conversion is a final step
in
the program, and is a milestone in our relationship.org). However, the forward-looking events and circumstances
discussed in
this press release might not occur, and actual results could differ
materially from
those anticipated or implied in the forward-looking
statements.fresheners mylar
(OTC BB: EGDE)
specializing in
importing, marketing and distributing European-designed
quality products, continues to expand its
key account roster with the
additions of Origins (Este Lauder, Inc. Sales channels consist of upscale
department stores, specialty retailers, upscale perfumeries and pharmacies,
as well as freestanding
company stores and spas, stores on cruise ships,
in-flight and duty free shops in airports and cities
, and the Internet.
(www.com). Management has structured a national network of 10 major
giftware
representatives with showrooms in the principal US markets,
supported by 128 professional sales representatives
.garuda rons
Elgrande International, Inc."
Origins Natural Resources - Introduced in 1990, Origins
Natural Resources
is the first Este Lauder Company to address total well-being with a
complete
collection of unconventional products that go beyond the
parameters of traditional personal care
. However, the
forward-looking events and circumstances discussed in this press release
might not
occur, and actual results could differ materially from those
anticipated or implied in the forward
-looking statements.giftware croak
The demographics of
their customers are exactly aligned with our target markets
.partyware keychain
(www.giftware partyware
Walther-Glas GmbH & Co. In addition to considerably strengthening our
balance sheet
, thus facilitating our ability to raise capital, the
conversion is a strong vote of confidence in
our future. Being selected as a
supplier to these world renowned brands diversifies us into the growing
customer base for personal care and wellness products.keyholders cartotecnici
com) specializes in sourcing,
importing
, marketing and distributing unique European-designed quality
products in the medium to high-end tabletop
market.com)
Coldwater Creek Inc.giftware garuda
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