Fun Cosmetics Inc. Announces First European Sales.HILLSIDE, N.J.--(BUSINESS WIRE)--Aug. 25, 1998--Fun Cosmetics Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:FCSM FCSM Federal Committee on Statistical Methodology FCSM Football Club Sochaux Montbéliard FCSM Fellow of the Cambridge Society of Musicians FCSM Frame Cell Switching Module (XYLAN) ) Tuesday announced that they have begun distribution to Europe. The first sale was to a large chain store in the Netherlands and will feature the FUN(r) Body Ink Washable Tattoo Stampers, its signature product. "The Netherlands is our gateway to Europe -- we expect distribution in other EEU EEU European Economic Union EEU Environmental Exposure Unit EEU Energy Efficiency Utility EEU Engineering Evaluation Unit EEU Europa Esperanto Unio EEU European Esperanto-Union EEU Eurasian Economic Union EEU Electronic Equipment Unit countries in the near future. Europe is an integral part of our international distribution plan," 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. David Blau, president and chief executive officer. Blau also commented, that company will have its products featured in a trade exhibition in Japan during September. Fun's unique products appeal universally to the "Teen Market Place." We plan to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. those opportunities to help grow both our top and bottom lines. Blau further commented that sales in Canada are going well with continual re-orders and that total sales for calendar year 1998 are on plan as previously forecasted ($4-$5 million). The company also announced its intention to file a Form-10 and become a reporting company under the Securities Exchange Act of 1934 following an audit of its fiscal year ending Sept. 30, 1998. FUN is a youth oriented cosmetics company whose products are targeted at the 12-19 year old age demographic and to those fashion conscious women of all ages who want to experiment with the latest trends in make-up. The company markets and distributes to the mass market under the brand names FUN(r), CARABELLA(r) and JUICY LIPS(r); the company is also a manufacturer of cosmetic pencils. 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 under 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: Certain information contained in this release contains forward-looking statements that involve risks and uncertainties, including but not limited to, those relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, and market competition.
CONTACT: Fun Cosmetics Inc., Hillside
David Blau, President
908/289-9250, Fax 908/289-9018
E-mail: Davidblau@worldnet.att.net
or
Paige & Associates, LLC, Deerfield Beach, Fla.
Brooks Faulkenberry, 954/418-8601
or
Behrman Tractenberg Communications, New York
Beauty/Style Public Relations
Simona Liberman, 212/986-7000
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