D.G. Jewelry Signs Exclusive Supply Contract; RTO Enterprises' 130 Stores to Buy Only From D.G.Business Editors TORONTO--(BUSINESS WIRE)--Dec. 4, 2001 D.G. Jewelry jewelry, personal adornments worn for ornament or utility, to show rank or wealth, or to follow superstitious custom or fashion. The most universal forms of jewelry are the necklace, bracelet, ring, pin, and earring. Inc. (Nasdaq:DGJL), today announced the signing of an exclusive supply contract with RTO (Recovery Time Objective) The amount of time a computer system or application can stop functioning before it is considered intolerable to the enterprise. It can be computed to be from seconds to days, depending on how critical the application is to the organization. Enterprises Inc. Under the terms of the four year Agreement, RTO will carry three categories of D.G. Jewelry, product, including "core" merchandise, "Super Specials" and "Seasonal Caravan" products. The first "Super Special" product will be featured during December 2001, in time for the holiday gift-giving season. Jack Berkovits, 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. of D.G. Jewelry Inc. comments "RTO is Canada's largest Rent-To-Own company with 130 stores. We believe their potential for jewelry sales is outstanding, and we are elated e·lat·ed adj. Exultantly proud and joyful. e·lat  ed·ly adv.e·lat that our product is now featured as part of their new merchandise mix." David Ingram, RTO's President and CEO, stated: "RTO Enterprises has been undergoing a strategic review of its category management and consequently its vendor partners. We believe jewellery to be complimentary to our product range assortment and chose DG as best positioned to support our growth programs." David Maries, Vice President, Marketing and Merchandising, added: "We are pleased to renew our relationship with DG and look forward to making jewellery a successful part of our proposition." D.G. Jewelry Inc. is primarily engaged in the design, merchandising and distribution of stone-set jewelry for department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. , mass merchants, catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. showrooms, television shopping networks and other high-volume retailers and other major discounters in the U.S., Canada and Europe. For more information, please visit us at www.dgjewelry.com. Except for the historical information contained herein, the matters discussed in this release include forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to, risks in product demand, the impact of competitive products and pricing, changing economic conditions, both here and abroad, release and sales of new products, other risk factors detailed in the company's most recent annual report and filings with the Securities and Exchange Commission. |
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