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FOR IMMEDIATE RELEASE April 17, 2008 Contact: October Strategies, Inc. 303-346-5527 or 303-471-4511, info@octoberstategies.com ALL ABOARD TOYS AND TY'S TOY BOX JOIN FORCES Merger Creates Largest Online Independent Toy Retail Network Denver, CO & Erlanger, KY Ty's Toy Box, LLC and All Aboard Toys, LLC today announced the merger of their two companies, creating the largest independent toy destination for licensed character merchandise available online. Ty Simpson, current CEO of Ty's Toy Box, will be CEO of a newly-formed holding company which combines the businesses of both entities, while Dave Carlson, current CEO of All Aboard Toys, will serve as Chairman of the Board. "Unifying the licensing relationships and online retail breadth of both AllAboardToys.com and TysToyBox.com creates one of the top-five online destinations for character-based toys and merchandise," says Simpson. "With approximately $26 billion spent annually on character licensed product and the Internet being the fastest growing source of this revenue, combining our efforts will be advantageous to our licensing industry partners and provide our customers with an unprecedented assortment of character-related products, including exclusives they can't find anywhere else." AllAboardToys.com and TysToyBox.com are responsible for launching breakthrough entertainment brands and cultural favorite classic characters online via their toy and merchandise stores, including family favorites like Thomas the Tank Engine™ The Wiggles™, Dora the Explorer™, Spiderman™, Barney™ and Curious George™. Combined, the companies work with over 400 suppliers and more than 25 Licensors/Licensing Agents, selling over 10,000 unique products consisting of children's licensed branded toys and toy-related products that include apparel, school supplies, home décor, DVDs, costumes, party supplies, video games and more. Though financial details behind the merger were not disclosed, the companies plan to continue to operate AllAboardToys.com and TysToyBox.com independently, maintaining their established business operations while taking advantage of the unique strengths of both teams to grow and expand the combined entity. Colorado-based AllAboardToys.com and Northern Kentucky-based TysToyBox.com have been two of the fastest growing character based independent online toy stores over the past five years and the companies' operations will continue at their current locations, taking advantage of the eastern location of TysToyBox.com, whose operations and distribution centers are located mere minutes from the Cincinnati airport. "We've seen the exploding demand from our consumers who are looking for specific character-related products that they often can't find at their local retailer due to shelf space constraints," says Carlson. "In addition, existing licensing relationships will benefit both retail websites, while assisting the licensing industry in building a stronger direct sales channel to its consumer." The companies are backed by a significant financial partner, eonCapital, providing the resources to pursue an aggressive growth strategy.
About All Aboard Toys, LLC
About Ty's Toy Box, LLC |