Global-Tech Appliances Creates Web Page to Allow for Easier Access to Company Information.HONG KONG--(BUSINESS WIRE)--June 11, 1999-- Global-Tech Appliances Inc. (NYSE NYSE See: New York Stock Exchange : GAI GAI General Applet Interface GAI Giustizia e Affari Interni (Italian) GAI Global-Tech Appliances Inc GAI Guild of Architectural Ironmongers GAI Global Atmospherics Inc GAI General Ability Index GAI Great American Insurance ) today announced that it has created a web page in Business Wire's Corporate News on the Net Program to allow easier access to the Company's information. The web page allows the Company to post its corporate profile, historical archive of previously issued news after disclosure to the media, and other relevant company information. The Company's web page may be accessed directly at http://www.businesswire.com/cnn/gai.shtml or through http://www.businesswire.com. Global-Tech is an original designer, manufacturer, and marketer of a wide range of small household appliances in six primary product categories: kitchen appliances; personal, beauty and health care products; garment care products; travel products and accessories; floor care products; and environmental care products. The Company's products are marketed by its customers under brand names such as Hamilton Beach(R), Krups(R), Morphy Richards Morphy Richards is a leading business firm located in the Swinton Meadows Industrial Estate, Swinton near Mexborough, South Yorkshire. It specialises in the manufacturing of toasters, hairdryers, bread makers, kettles and sandwich toasters and other appliances. (R), Moulinex(R), Mr. Coffee(R), Oster(R), Proctor-Silex(R), Remington(R), Revlon(R), Sunbeam(R), Vidal Sassoon Vidal Sassoon (born January 17, 1928) is a hairdresser. Sassoon was born to Jewish parents in London. His father was from Thessaloniki in northern Greece with Iraqi origins, and his mother, whose family was originally from Kiev, was born in London. (R), and Welbilt(R). Except for historical information, certain statements contained herein are 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 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. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," or variations of such words and similar expressions are intended to identify such forward looking statements. These forward looking statements are subject to risks and uncertainties, including but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission including its Registration Statement on Form F-1 which was declared effective on April 8, 1998. |
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