IBMC China AG
IBMC China AG: Product-Partnership with Chrilu Bären AG
IBMC China AG / Joint Venture/Acquisition Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- IBMC China AG and Chrilu Bären AG agree on product-partnership and option-agreement. IBMC China AG (WKN: A0NAJ1) and Chrilu Bären AG (WKN: A0M1BR) agreed to distribute the high-quality plush-toys of Chrilu Bären AG over the store-network of IBMC China AG. IBMC China AG expects a substantial revenue per store to be generated with the toys already for 2009. Frank Yuan, CEO of IBMC China AG:' We will develop own stores for Chrilu, to adapt the success-modell of www.buildabear.com for the Chinese Market. I am convinced of the quality of the products and our agreement on profit shareing. That is also why I personally have bought a share of 5% in Chrilu Bären AG.' 'We also assess a participation of IBMC in Chrilu. If we go forward, we would seek to acquire the majority just as with BBS-ex.' sais Yuan. IMBC has already entered into an option agreement. The potential exercise of the option depends on the performance of the sales, projected to already start in July 2008. IBMC-CHINA Press Contact: Jerome Yuan Director of Operations 8621-6230-3101 E-mail: info@ibmcchina.com IBMC-CHINA Press Contact: Jerome Yuan Director of Operations 8621-6230-3101 E-mail: info@ibmcchina.com 02.07.2008 Financial News transmitted by DGAP ----------------------------------------------------------------------
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