Riverfort Regulatory News (RGO)

9 May 2006 07:30

Caldwell Investments PLC09 May 2006 CALDWELL INVESTMENTS PLC("Caldwell" or "the Company) FURTHER ORDERS FOR NINASUN The Board of Caldwell, the AIM listed creator of the "NinaSun" patented range ofsolar protection furniture, is pleased to update shareholders today on theongoing successful roll-out of the NinaSun product range. Since the Company's formal roll-out began in the middle of January, Caldwell hasreceived orders from fourteen garden centres around the UK. These orders arefrom selected, upmarket independent garden centres and follow the recentappointment of Neil Gow as Managing Director of Caldwell, with his longexperience in this sector. The Company is also delighted to announce today that Grattan, one of the UK'sbig five catalogue companies, which placed an initial NinaSun order in January,has since placed two further repeat orders for NinaSun product. The Company has also recently received orders from Radisson Resort & CasinoHotel, Aruba and Moveis e Estofas, a major distributor to the hospitality tradein the Algarve, for both NinaSun furniture and NinaSun retrofit canopies forGrossfillex and Ballui resin loungers. Sales from the NinaSun website have also been encouraging, with the month ofApril showing a six-fold uplift against the previous year. Although the value of any individual order relative to total group turnover issmall, the growing interest is of particular importance to Caldwell, as itillustrates the desirability of the product and enhances the market's awarenessof the NinaSun product range. Neil Gow, Managing Director of Caldwell, commented: "We believe that the NinaSunfurniture range has been well positioned to appeal to the market place. Theinitial reaction from independent, quality, garden centres, the repeat ordersfrom Grattan, and the overseas orders received from the Algarve and Aruba areall extremely encouraging. It is still early in the season and we believe thatthe orders and prospects for NinaSun will only improve as the year continues." Enquiries: Caldwell Investments PLCStanley Wootliff, Chairman 0113 235 0632Neil Gow, Managing Director 0781 203 1281www.ninaclip@ninahouse.freeserve.co.uk Williams de Broe PLCJoanne Lake 0113 243 1619www.wdebroe.com Notes to editors: About Caldwell Caldwell was established in 1932. The group has designed the NinaClip, an awardwinning patented clipping device for use with its NinaSun outdoor furniture andNinaClip Baby Buggy parasol. Caldwell holds significant intellectual propertyrights for these products. The Group also designs and markets non-fashion cottoncommodity underwear in Germany and the UK. About NinaSun The NinaSun Canopy for outdoor furniture is a unique portable protective canopythat reflects harmful UV rays and provides cool comfort while sitting out in thesun. The canopy is made of a sophisticated woven polyester yarn designed togive 90% sun protection (SPF 10) at a competitive price. The fabric also allowsmost wind to pass through and the high-tenacity polyester yarn reinforcementresists tearing. All of the seating in the NinaSun furniture range comes with adetachable NinaSun canopy. Photos of the NinaSun products are available on request. www.ninasun.co.uk This information is provided by RNS The company news service from the London Stock Exchange