Baby Bee Bright Corporation Launches New Maternity & Baby Clothing Line.MT. JULIET, Tenn. -- Baby Bee Bright Corporation, (Pink Sheets:BBGT BBGT Back Bay Guitar Trio (Bostom, MA band) BBGT Brigade and Battle Group Trainer ) the developer of a unique prenatal learning system, announced today that the company has launched the Baby Bee Bright clothing line as part of a joint venture with Seventh Avenue New York-based clothing designer and marketer Pretty Look, Inc. The Baby Bee Bright clothing line is comprised of maternity, infant and children's ware, as well as related products such as crib mattress covers, etc. Baby Bee Bright Corporation and Pretty Look, Inc., entered into a definitive Licensing Agreement in June of 2005. Under the agreement Baby Bee Bright Corporation contracted with Pretty Look to design and market specific products using Baby Bee Bright's licensed trademark. Baby Bee Bright Corporation will receive a royalty fee based on gross sales Gross Sales A measure of overall sales that isn't adjusted for customer discounts or returns, calculated simply by adding all sales invoices, and not including operating expenses, cost of goods sold, payment of taxes, or any other charge. . According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Frederick A. Dahlman, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Baby Bee Bright Corporation, "It took a long time to develop the clothing line. It had to be right before working out contracts with retailers. We feel we are riding the right horse and look forward to our royalty revenues without any capital out lay. Pretty Look has designed and sourced the outer ware for Oleg Cassini Oleg Cassini (April 11, 1913 – March 17, 2006) was an American fashion designer noted for being chosen by Jacqueline Kennedy to design her state wardrobe in the 1960s. , Hot Kiss, Baby Phat as well as men's ware for Adolf. Everyone we show the Baby Bee Bright clothing line, absolutely loves it. We will launch this new line into the market and retailers with a $10 million marketing campaign." Akay Shiraze, CEO Pretty Look Inc., "We are very selective about which clients we work with. Baby Bee Bright sends such a great positive message, that we took on the project. The constant theme of the company's prenatal education is expressed through the designer maternity, infant and children's ware. All the clothing and additional products make a very profound statement. Mom is saying, my baby is going to be bright, my baby is bright and my child is bright. Our research strongly indicates that this is the unique niche that appeals to retailers. We are now geared up to take the product line to the retail market." About Baby Bee Bright Corporation Baby Bee Bright Corporation is the developer, manufacturer and marketer of innovative prenatal educational systems and related products servicing the rapidly expanding expectant mother/prenatal market. The company has researched and developed an award winning, patented, audio directional technology as the delivery system for the prenatal educator. For more information visit: www.babybeebright.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement: Certain statements in this release are "forward-looking" statements as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such statements are subject to numerous risks and uncertainties. Actual results may vary significantly from the results expressed or implied in such statements. Factors that could cause actual results to materially differ from forward-looking statements include, but are not limited to, the Company's ability to meet the terms and conditions required to obtain its project financing Project financing A form of asset-based financing in which a firm finances a discrete set of assets on a stand-alone basis. , risks and delays associated with product development, risk of market acceptance of new products, risk of technology or product obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. , competitive risks, reliance on development partners and the need for additional capital. |
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