Grand Toys International Signs Spider-Man 2 Deal

Grand Toys International, Inc. announced today that its Canadian subsidiary, Grand Toys Ltd. has signed a non-exclusive Canadian licensing agreement with Spider-Man Merchandising L.P. through its Canadian agent, Venture Licensing of Canada, continuing until May 31, 2005, for the distribution of Spider-Man 2 Stationary and Back to School items, such as binders, portfolio folders, memo pads, pens, pencils, erasers, spiral theme books and other items for the Canadian retail market.

The theatrical release of the sequel to the 2002 Spider-Man movie is scheduled for July 2004, and Grand’s product line will be available to retail by mid-May 2004.

Jason Mars, Director of Merchandising for Grand commented, “This product line is a natural complement to Grand’s existing line offerings of Spider-Man products. We are very excited to get this line into retail, and we believe that the timing of the Spider-Man movie sequel coincides perfectly with the back-to-school selling period.”

Source: Grand Toys International, Inc.