Canadian Gift & Tableware Association reaches agreement in principle to purchase Canadian gift shows.



    TORONTO, Aug. 24 /CNW/ - In response to rumours circulating in the
marketplace, the Canadian Gift & Tableware Association confirms that it has
reached an agreement in principle for the purchase of Canadian gift shows
owned by dmg world media (Canada) Inc. Appropriate due diligence and details
of the transaction are currently being finalized. The two parties anticipate
that the transaction will be completed before the end of September. Under the
terms of the agreement the staff presently employed by dmg world media in the
production of the shows will continue to operate the shows under CGTA
ownership.
    Further details will be announced in due course.

    About the CGTA

    The Canadian Gift and Tableware Association (CGTA) is the pulse of
Canada's $10-billion giftware industry. Embodying the entrepreneurial instinct
and spirit, the CGTA is a national, not-for-profit association dedicated to
improving its members' competitive capability and business effectiveness by
enhancing local, national and global opportunities. The CGTA is comprised of
over 1,500 businesses made up of leading Canadian giftware manufacturers,
importers, exporters, distributors and wholesalers. The CGTA owns and manages
the CGTA Gift Show - the largest biannual trade show of any kind held in
Canada with more than one million square feet of exhibition space. The CGTA
Gift Show features over 1,100 exhibitors and attracts over 17,000 retail
buyers from across Canada and around the world. Further information is
available at www.cgta.org.





For further information:

For further information: Peter Moore, Canadian Gift & Tableware
Association, Phone: 1-800-611-6100, Web Site: www.cgta.org, 42 Voyager Court
South, Toronto, ON, M9W 5M7, Phone: (416) 679-0170, Fax: (416) 679-0175; Jon
Packer, Idea Workshop, Phone: (416) 504-3977 x24, jon@iideaworkshop.ca

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Canadian Gift and Tableware Association

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