PortholeAuthority.com
PortholeAuthority.com
| 2002 2003 | 2004 Ford Thunderbird | 2005 Ford thunderbird |
| CARE  | Concept | Memorabilia | Photos | Facts |
| Links | Events  | Guests & WeBLOG | Homepage | Site Map |
The New Thunderbird
 Memorabilia
2002 Diecast
Concept Diecast
 
click here to go to Concept Collectibles homepageTemplate
 
 
2002 to 2005 Thunderbird Memorabilia
1999  to 2007
News Release from:

Creative Master International, Inc. Forms Strategic Alliance with Venture Technologies 
 
 

  Alliance to Add Electronic Technology to Collectibles and Game Accessories
                       Manufactured by Creative Master

Company Establishes North American Marketing Arm for Sinar, a Creative Master
                                  Subsidiary

    HONG KONG, Nov. 30 /PRNewswire/ -- Creative Master International, Inc.
(NASDAQ: CMST) and privately-held Massachusetts-based Venture Technologies
today announced a strategic alliance that will add electronic technology to
selected products manufactured by Creative Master.  In addition, Venture
Technology will be working on several projects exclusively for Sinar, a
designer and marketer of computer, video game and hand-held peripherals.
Creative Master purchased a 55% interest in Sinar during the second quarter of
1999.  Venture Technologies designs and develops complete electronic product
solutions for companies including Polaroid, Johnson and Johnson, Parker
Brothers, Random House, and Hasbro.  Founded in 1984, Venture is a privately
held company with headquarters in North Billerica, Massachusetts.  Visit
Venture's web site at http://www.venturetechnologies.com for more information.
    "Creative Master is committed to developing forward-thinking solutions for
both the die-cast replica and video game accessories segments.  The addition
of electronic technology to Creative Master's line of collectible-quality,
die-cast replicas is expected to appeal to our existing customers as well as
open the door for new markets, further broadening Creative Master's overall
customer base," said Carl Tong, Chairman and Chief Executive Officer of
Creative Master International, Inc.  "Venture Technologies' proven ability to
develop innovative electronic products and solutions make it a key strategic
partner, and we look forward to working with them in the development of new
applications."
    "This is a positive step forward that will benefit collectible and video
game enthusiasts alike," said Angelo Tortola, principal and cofounder of
Venture Technologies, Inc.  "Combining the expertise and talent of Creative
Master and Venture in these areas will greatly accelerate the development of
new types of collectibles and video game accessories."

    Company Establishes U.S. Marketing Arm for Sinar
    Creative Master also announced the establishment of Highroad Solutions,
Ltd., the U.S. marketing arm for Sinar, which will be based in New Hampshire.
Highroad Solutions will focus on the strategic marketing and positioning of
Sinar's interactive computer and video gaming accessories in the North
American market.  The effort will be spearheaded by Ms. Helen Hames, who has
been appointed Vice President of Marketing for Highroad Solutions.  Ms. Hames
has proven expertise in marketing, advertising and public relations for the
video game accessories industry.  Highroad Solutions, Ltd., a Hong Kong
corporation, will be managed and operated by Sinar.
    "Helen's extensive background and experience in marketing video game
accessories as well as in-depth contacts within the interactive entertainment
industry will contribute much to Sinar's efforts in penetrating the North
American market," said Mr. Tong.  "As Sinar plans the launch of a series of
new and innovative interactive games and computer accessories, Helen's
expertise will be invaluable in implementing our current strategies and in
defining our continuing steps to expand Sinar's presence in North America."

    About Creative Master International, Inc.
    Creative Master International, established in 1987, is a leading
independent manufacturer of collectible-quality, die-cast replicas of cars,
trucks, buses, boats and other items.  The Company offers customers turnkey
product development and manufacturing capabilities, from design to completion
of the product.  The die-cast replicas Creative Master International
manufactures are marketed and distributed by the Company's customers primarily
to collectors, hobbyists and other vehicle enthusiasts in the U.S. and Europe.
    For further information on Creative Master, visit the Company's website at
http://www.creativemaster.com or, via fax free of charge, dial 1-800-PRO-INFO and
enter company code "CMST."
    Certain matters discussed within this press release are forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995.  Although management of Creative Master believes the expectations
reflected in such forward-looking statements are based on reasonable
assumptions, it can give no assurance that its expectations will be attained.
Factors that could cause actual results to differ materially from expectations
include the composition, timing and size of orders from and shipments to major
customers; market acceptance of new products and other risks detailed from
time to time in Creative Master's SEC reports, including the Company's most
recent annual report on Form 10-K.
 
 

 SOURCE Creative Master International