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Post by Franko10 ™ on Sept 29, 2004 19:46:11 GMT -5
Crystalix Group International Selected Preferred Vendor to Industry No. 1 Distributor
TUESDAY , MARCH 30, 2004 03:46 PM
LAS VEGAS, Mar 30, 2004 (BUSINESS WIRE) -- Crystalix Group International Inc. (OTCBB: CYXG) has reached an agreement to become a Prestige Partner with American Identity, the No. 1 distributor in the $15 billion promotional products industry. American Identity is the No. 1 distributor of corporate logoed merchandise in the United States with approximately 1,200 associates nationwide. American Identity has been a corporate supplier licensee to the United States Olympic Committee since 1988 and counts 350 of the Fortune 1000 companies among its customers. The contract is estimated to have a value of $500,000 to Crystalix. "As part of CGI's strategic plan, we are delighted to become a key supplier partner to American Identity," stated John J. Lais, III, chief marketing officer.
Most recently, CGI announced that its fully owned subsidiary, Crystalix Europe, has on March 2, 2004 signed a "Sale of Laser Unit System and Software License Agreement" (the "Definitive Agreement") with S'aqib Holdings Co. Pte. Ltd. of Singapore. Previously, CGI announced on Feb. 26, 2004, the signing of the Definitive Agreement for Turkey by its subsidiary Crystalix Europe.
About Crystalix Group International Inc.
Crystalix is the leading manufacturer, distributor and marketer of laser subsurface engraved optical-quality glass products. Its principal product is a personalized three-dimensional engraved crystal that features the facial image of one or more persons or other three-dimensional images. As of Sept. 30, 2003, Crystalix had 44 kiosks owned by its marketing partners in retail shopping malls, resorts, promenades, casinos, and theme parks where its crystals are engraved and sold. Its engraving process involves the use of a high-resolution digital camera, a laser image scanner, and a laser that is configured together by a standard desktop personal computer, using its proprietary software and a Windows operating system. The laser image scanner converts images from the digital camera, a customer's digital image, or a hard copy photograph into a three-dimensional or two-dimensional digitally formatted image that will be engraved into the center of the crystal by the laser.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by lead-in "Looking Forward." These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions. No assurance can be given that these are all the factors that could cause actual results to vary materially from the forward-looking statement.
SOURCE: Crystalix Group International, Inc.
CONTACT: Crystalix Group International Inc., Las Vegas
Chris Hanneman, 702-740-4616
www.crystalixusa.com
or
Princeton Research Inc.
Michael King, 702-650-3000
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TUESDAY , MARCH 30, 2004 03:46 PM
LAS VEGAS, Mar 30, 2004 (BUSINESS WIRE) -- Crystalix Group International Inc. (OTCBB: CYXG) has reached an agreement to become a Prestige Partner with American Identity, the No. 1 distributor in the $15 billion promotional products industry. American Identity is the No. 1 distributor of corporate logoed merchandise in the United States with approximately 1,200 associates nationwide. American Identity has been a corporate supplier licensee to the United States Olympic Committee since 1988 and counts 350 of the Fortune 1000 companies among its customers. The contract is estimated to have a value of $500,000 to Crystalix. "As part of CGI's strategic plan, we are delighted to become a key supplier partner to American Identity," stated John J. Lais, III, chief marketing officer.
Most recently, CGI announced that its fully owned subsidiary, Crystalix Europe, has on March 2, 2004 signed a "Sale of Laser Unit System and Software License Agreement" (the "Definitive Agreement") with S'aqib Holdings Co. Pte. Ltd. of Singapore. Previously, CGI announced on Feb. 26, 2004, the signing of the Definitive Agreement for Turkey by its subsidiary Crystalix Europe.
About Crystalix Group International Inc.
Crystalix is the leading manufacturer, distributor and marketer of laser subsurface engraved optical-quality glass products. Its principal product is a personalized three-dimensional engraved crystal that features the facial image of one or more persons or other three-dimensional images. As of Sept. 30, 2003, Crystalix had 44 kiosks owned by its marketing partners in retail shopping malls, resorts, promenades, casinos, and theme parks where its crystals are engraved and sold. Its engraving process involves the use of a high-resolution digital camera, a laser image scanner, and a laser that is configured together by a standard desktop personal computer, using its proprietary software and a Windows operating system. The laser image scanner converts images from the digital camera, a customer's digital image, or a hard copy photograph into a three-dimensional or two-dimensional digitally formatted image that will be engraved into the center of the crystal by the laser.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by lead-in "Looking Forward." These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions. No assurance can be given that these are all the factors that could cause actual results to vary materially from the forward-looking statement.
SOURCE: Crystalix Group International, Inc.
CONTACT: Crystalix Group International Inc., Las Vegas
Chris Hanneman, 702-740-4616
www.crystalixusa.com
or
Princeton Research Inc.
Michael King, 702-650-3000
Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.
