Corgi International Limited Announces Partnership Agreement With Horizon Fuel Cell Technologies (Horizon)
10 Gennaio 2008 - 2:00PM
Business Wire
Corgi International Limited (NASDAQ GM:CRGI) and Horizon Fuel Cell
Technologies (Horizon) today announced they had completed a
strategic partnership agreement aimed at harnessing the combined
strengths of one of the world�s leading toy companies and the
leading global producer of consumer-oriented fuel cell
technologies. The worldwide partnership agreement will allow Corgi
International to utilise Horizon�s leadership in innovative fuel
cell technologies to develop a range of environmentally-friendly,
green-powered toy vehicles. The partnership was announced at the
opening of the Hong Kong Toys and Games Fair, the second-largest
fair of its kind in the world. Michael Cookson, CEO of Corgi
International, said: �This agreement represents a new chapter for
Corgi International and is clear evidence that, as a company, we
are at the forefront in bringing new and cutting-edge
environmentally-friendly and green technologies to the
international toy market. �A sustainable future begins with today�s
children and I am delighted that as a result of this partnership
Corgi International stands at the vanguard of developing the future
of play right here today.� Taras Wankewycz, Vice President, Horizon
Fuel Cell Technologies, said: �This partnership with Corgi
International is a hugely exciting step for Horizon and provides a
unique opportunity to take fuel cell technology out of the
laboratory and into millions of homes around the world.� About
Corgi International Corgi International is a global Pop Culture
company, which develops and markets innovative and high-quality
licensed and unlicensed toys, gifts and collectables with broad
appeal to a consumer demographic ranging from 8 to 88 years of age
via direct, specialty, hobby, collector and mass retail channels
worldwide. The Company�s line of products range from premium
entertainment prop replicas and limited edition adult memorabilia
to traditional toys and gift merchandise for young adults. The
company holds varying licenses for many of entertainment�s highest
grossing franchises including Disney Classics, Harry Potter, James
Bond, Star Trek, Nintendo, Halo and The Beatles, amongst others.
Corgi International also has partnerships with cutting edge
technology innovators around the world. The Company was formed in
December 2006 through the merger of Master Replicas, Corgi
Classics, and Cards Inc, with its headquarters in Hong Kong, and
operations in Walnut Creek and Chicago, USA, and in Watford and
Leicester, UK. About Horizon Fuel Cell Technologies Pte Ltd
Thinking big, yet starting small, Horizon pioneered the sales of
next-generation fuel cell power products in small consumer
products, while developing larger-scale clean power solutions for
practical applications in portable remote power, light-duty
transportation and aerospace. With comprehensive technological
developments focused on enabling fuel cell commercialization,
Horizon is the first company to bring advanced fuel cell technology
out of the laboratories and into the mass market today. For more
information, visit http://www.horizonfuelcell.com.
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