Caldwell Investments PLC
09 May 2006
CALDWELL INVESTMENTS PLC
('Caldwell' or 'the Company)
FURTHER ORDERS FOR NINASUN
The Board of Caldwell, the AIM listed creator of the 'NinaSun' patented range of
solar protection furniture, is pleased to update shareholders today on the
ongoing successful roll-out of the NinaSun product range.
Since the Company's formal roll-out began in the middle of January, Caldwell has
received orders from fourteen garden centres around the UK. These orders are
from selected, upmarket independent garden centres and follow the recent
appointment of Neil Gow as Managing Director of Caldwell, with his long
experience in this sector.
The Company is also delighted to announce today that Grattan, one of the UK's
big five catalogue companies, which placed an initial NinaSun order in January,
has since placed two further repeat orders for NinaSun product.
The Company has also recently received orders from Radisson Resort & Casino
Hotel, Aruba and Moveis e Estofas, a major distributor to the hospitality trade
in the Algarve, for both NinaSun furniture and NinaSun retrofit canopies for
Grossfillex and Ballui resin loungers.
Sales from the NinaSun website have also been encouraging, with the month of
April showing a six-fold uplift against the previous year.
Although the value of any individual order relative to total group turnover is
small, the growing interest is of particular importance to Caldwell, as it
illustrates the desirability of the product and enhances the market's awareness
of the NinaSun product range.
Neil Gow, Managing Director of Caldwell, commented: 'We believe that the NinaSun
furniture range has been well positioned to appeal to the market place. The
initial reaction from independent, quality, garden centres, the repeat orders
from Grattan, and the overseas orders received from the Algarve and Aruba are
all extremely encouraging. It is still early in the season and we believe that
the orders and prospects for NinaSun will only improve as the year continues.'
Caldwell Investments PLC
Stanley Wootliff, Chairman 0113 235 0632
Neil Gow, Managing Director 0781 203 1281
Williams de Broe PLC
Joanne Lake 0113 243 1619
Notes to editors:
Caldwell was established in 1932. The group has designed the NinaClip, an award
winning patented clipping device for use with its NinaSun outdoor furniture and
NinaClip Baby Buggy parasol. Caldwell holds significant intellectual property
rights for these products. The Group also designs and markets non-fashion cotton
commodity underwear in Germany and the UK.
The NinaSun Canopy for outdoor furniture is a unique portable protective canopy
that reflects harmful UV rays and provides cool comfort while sitting out in the
sun. The canopy is made of a sophisticated woven polyester yarn designed to
give 90% sun protection (SPF 10) at a competitive price. The fabric also allows
most wind to pass through and the high-tenacity polyester yarn reinforcement
resists tearing. All of the seating in the NinaSun furniture range comes with a
detachable NinaSun canopy.
Photos of the NinaSun products are available on request.
This information is provided by RNS
The company news service from the London Stock Exchange