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Blue Ribbon Budget Network Announced.


Business Editors

NEW YORK--(BUSINESS WIRE)--Oct. 24, 2002

Blue Ribbon blue ribbon

denotes highest honor. [Western Folklore: Brewer Dictionary, 127]

See : Prize
 International, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 "BLRB BLRB Black Liquor Recovery Boiler (paper-manufacturing industry) ") Chairman and Chief Executive Officer George H. Levy has announced the imminent inauguration INAUGURATION. This word was applied by the Romans to the ceremony of dedicating some temple, or raising some man to the priesthood, after the augurs had been consulted. It was afterwards applied to the installation (q.v.  of the Company's cable television "Blue Ribbon Budget Network(TM)."

The "Blue Ribbon Budget Network(TM)" target audience will tie-in with the ubiquitous clamor for "best bang for the buck" -- well-priced products and services that emphasize beauty and utility without compromising quality, affordability or useful life.

"Blue Ribbon Budget Network(TM)" programming is based on the extensive data and information infrastructure developed by Mr. Levy for over 42 million copies of the "Budget" family of magazines, including "Budget Decorating," "Budget Recipes," and "Budget Bridal Trends" magazines, distributed by Warner Communication and its predecessors since 1962, and a hard cover book titled "World of Budget Decorating" sold and distributed by Simon and Schuster.

Note: Forward looking statements in this release are made pursuant to the "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.
" provisions of 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. Investors are cautioned that such forward looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products and services, increased levels of competition for the company and other risks.

--30--JK/ny csm

    CONTACT: Blue Ribbon International, Inc.
             George Levy, 212/792-4146

    KEYWORD: NEW YORK
    INDUSTRY KEYWORD: PUBLISHING TELEVISION/RADIO PRODUCT
    SOURCE: Blue Ribbon International, Inc.

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Publication:Business Wire
Date:Oct 24, 2002
Words:223
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