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FORSCHNER OBTAINS CANADIAN DISTRIBUTION RIGHTS FOR VICTORINOX ORIGINAL SWISS ARMY KNIVES

 FORSCHNER OBTAINS CANADIAN DISTRIBUTION RIGHTS
 FOR VICTORINOX ORIGINAL SWISS ARMY KNIVES
 SHELTON, Conn., May 5 /PRNewswire/ -- The Forschner Group, Inc. (NASDAQ: FSNR), today announced that the company has received the exclusive distribution rights for Victorinox Original Swiss Army Knives in Canada. The company has also been appointed as the principal distributor of Victorinox Professional cutlery in Canada.
 Forschner will issue 277,066 shares of its common stock to the manufacturer, Victorinox Cutlery Company of Ibach, Switzerland, in exchange for the grant of these rights.
 Forschner plans to open a sales and distribution center in the Toronto area in the near future to service the Canadian market.
 Forschner is the exclusive U.S. marketer of Victorinox Original Swiss Army Knives and professional cutlery products manufactured in Switzerland and other countries. Forschner also markets high quality Swiss-made consumer goods.
 -0- 5/5/92
 /CONTACT: Karen Brenner, 212-371-1400, for Forschner/
 (FSNR) CO: The Forschner Group, Inc. ST: Connecticut, Ontario IN: HOU SU:


GK -- NY006 -- 6362 05/05/92 08:30 EDT
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Publication:PR Newswire
Date:May 5, 1992
Words:168
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