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SLM INTERNATIONAL FINALIZES AGREEMENT TO PURCHASE WAYNE GRETZKY HOCKEY GAME MANUFACTURER

 SLM INTERNATIONAL FINALIZES AGREEMENT TO PURCHASE
 WAYNE GRETZKY HOCKEY GAME MANUFACTURER
 NEW YORK, April 16 /PRNewswire/ -- SLM International, Inc. (NASDAQ: SLMI) today announced that it has finalized its agreement to purchase the operating assets of Kevin Sports Toys International Inc., based in Alberta, Canada, and publicly traded on the Alberta Stock Exchange. Kevin Sports manufactures the official Wayne Gretzky National Hockey League rod hockey game and related accessories sold principally in the United States and Canada. Kevin Sports reported sales of approximately $5.5 million for the year ended Dec. 31, 1991. SLM commenced marketing the game in February 1992.
 Earl Takefman, co-chief executive officer of SLM International, commented, "We are very encouraged by the initial reaction to this toy industry basic. The acquisition will generate greater economies of scale in our existing operations and add an exciting new product line to our already diverse range of basic products."
 SLM International, Inc. designs, develops, manufactures and markets a broad range of toys and sporting goods on a worldwide basis.
 -0- 4/16/92
 /CONTACT: David Walke, Amy Ludwig or Brad Miller of Morgen Walke Associates, 212-986-5900, for SLM International/
 (SLMI) CO: SLM International Inc.; Kevin Sports Toys International Inc. ST: New York IN: HOU SU: TNM


SH-KD -- NY025 -- 9142 04/16/92 09:50 EDT
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Publication:PR Newswire
Date:Apr 16, 1992
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