Riverfort Regulatory News (RGO)

16 Mar 2005 07:02

Caldwell Investments PLC16 March 2005 16 March 2005 Caldwell Investments Plc Launches Commercial Websites www.ninasun.co.uk and www.ninasun.de and Announces Further Orders Caldwell Investments Plc ("Caldwell" or "the Company"), creators of the NinaSuncanopy, are today pleased to announce the official launch of www.ninasun.co.ukand www.ninasun.de their UK and German commercial websites for hardwoodfurniture with integrated NinaSun canopies. By logging onto these new sites, customers in both the UK and Germany (43% ofthe estimated £2.3 billion European market for outdoor furniture in 2003*) arenow able to purchase a hardwood deckchair with integrated NinaSun canopy for£79.99, including shipping. The sites contain illustrations of the various colours available for thedeckchairs with integrated canopies and offers information on assembly andspecification. The sites also explain how the NinaSun canopy protects the skinfrom harmful UV sun rays. Caldwell is also pleased to confirm that following on from the announcement madeon 23 February 2005, the Company has now shipped two further significant orders.The first of these orders was placed by a "prestige" garden centre in the Southof England, where the NinaSun canopy with integrated hardwood furniture will besold for £79.99. The second was placed by Balliu SA, manufacturers of resin sunloungers, for the NinaSun canopy which will be sold in supermarkets in Spain. Commenting on the launch and new orders, Chairman Stanley Wootliff said: "Today's launch of our commercial websites is a further important step in therealisation of the NinaSun canopy project. We are extremely excited about theprospect of customers in both the UK and Germany being able to place orders overthe internet. We believe that the NinaSun canopy has a wide ranging appeal toindividuals and businesses alike and that many buyers will use the website inorder to make a fast and reliable purchase in time for the coming summer months.The Board will now update on further sales of the NinaSun canopy at the time ofour next financial results, expected to be July 2005." -ENDS- For more information please contact: Kelly-Ann French/Eric Burns Buchanan Communications 01943 883990 Notes to Editors: * Ashridge Consulting Research, January 2000 - New Market Opportunities for the NinaClip in the Outdoor Leisure Furniture Market Photographs of hardwood furniture with integrated NinaSun canopy are availableupon request from Kelly-Ann French (kelly-annf@buchanan.uk.com) in highresolution formats. Caldwell Investments plc is a holding company fully listed on The LondonInternational Stock Exchange, it's principal subsidiaries are: NinaClip plc - sells NinaSun canopies, NinaSun canopy furnitureand NinaClip parasols and minisols for baby buggies. Nissel Textilien GmbH - imports and sells non-fashion men's cotton commodityunderwear to most of the major chain stores in Germany. Challioner and Walker Limited - imports and sells non-fashion cotton commoditymen's and women's underwear to value chain stores and wholesalers in the UnitedKingdom. Atricom Limited - is the Group's importing/exporting subsidiary and deals withthe funding of imports and the Group's ForEx requirements The NinaSun Canopy, is a unique patented product with huge worldwide potential.A prototype canopy was initially shown at the International Outdoor FurnitureShow at Cologne in September 2002 and was exceptionally well received. After afurther two and a half years of research, product development, manufacture ofspecialist machinery and extensive trials, the NinaSun canopy manufacturingoperation was commissioned and started commercial production Monday 2nd August2004. The NinaSun canopy was officially launched in September 2004 at the SPOGAInternational Outdoor Furniture Exhibition and was recently on display at theThe International Hotel/Motel & Restaurant Show in New York City. This information is provided by RNS The company news service from the London Stock Exchange