Source Interlink will distribute comic titles including Ultimate Spider-Man, The Uncanny X-Men, The Incredible Hulk, Daredevil, Captain America, and others. Source Interlink is the nation's largest distributor to major bookstore chains and independent retailers, including Barnes & Noble, Borders, B. Dalton Booksellers and Waldenbooks, distributing more than 4,000 titles to approximately 8,000 retail stores throughout North America.
James Gillis, Source Interlink president and chief operating officer, said, "The distribution of comic book publishing provides us with an additional strong growth opportunity. This agreement reflects our commitment to expand our core specialty distribution market beyond magazine publications. Marvel serves as the leading comic book publisher, and we are excited to effectively broaden the reach of Marvel's popular characters and plot lines to the specialty market."
About Source Interlink Companies
Source Interlink Companies is a leading provider of fulfillment and marketing services to retail companies who collectively operate approximately 80,000 stores, most major magazine publishers and consumer product manufacturers of confections and general merchandise. Its business consists of three interrelated operating groups: Fulfillment, In-Store Services and Manufacturing.
-- Fulfillment manages the direct distribution of magazines to more than 5,300 retail outlets in the specialty retail market operated by 25 retail chains plus independent retailers. It assists these retailers with the selection, logistical procurement and fulfillment of approximately 4,000 monthly and 50 weekly magazine titles. The Fulfillment operating group is the largest U.S. importer of foreign magazine titles and a leading exporter of U.S. titles to the international market.
-- In-Store Services assists retailers in the mainstream retail market with the design, manufacture and implementation of their front-end merchandising programs. This group provides other value-added services to retailers, publishers and other vendors, including assistance with publisher rebate and other fee collection as well as access to real-time sales and marketing information on more than 10,000 magazine titles, enabling customers to make more informed decisions regarding product placement and distribution.
-- Manufacturing designs and manufactures wood displays and store fixtures for leading specialty retailers.
For more information, please visit the company's website, http://www.sourceinterlink.com/.
Some of the information in this release contains forward-looking statements that involve risks and uncertainties. The words "believe," "expect," "anticipate,' "estimate," "project," and similar expressions often characterize forward-looking statements. These statements may include, but are not limited to, projections of collections, revenues, income or loss, estimates of capital expenditures, plans for future operations, products or services, and financing needs or plans, as well as assumptions relating to these matters. These statements are only predictions and you should not unduly rely on them. Our actual results will differ, perhaps materially, from those anticipated in these forward-looking statements as a result of a number of factors, including the risks and uncertainties faced by us including: (i) market acceptance of and continuing demand for our services; (ii) the impact of competitive services; (iii) the pricing and reimbursement policies of magazine publishers; (iv) our ability to obtain additional financing to support our operations; (v) changing market conditions and other risks detailed below;(vi) demand for magazines at the retailers we service; and (vii) our ability to access retailers' point-of-sales information needed to efficiently allocate distribution.
We believe it is important to communicate our expectations to our investors. However, there may be events in the future that we are not able to predict accurately or over which we have no control. The factors listed above provide examples of risks, uncertainties and events that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements. Before you make an investment decision relating to our common stock, you should be aware that the occurrence of the events described in these risk factors could have a material adverse effect on our business, operating results and financial condition.
Any forward-looking statement speaks only as of the date on which that statement is made. Unless required by U.S. federal securities laws, we will not update any forward-looking statement to reflect events or circumstances that occur after the date on which the statement is made.
Marvel, Ultimate Spider-Man, The Uncanny X-Men, The Incredible Hulk, Daredevil, Captain America, and the distinctive likenesses thereof are trademarks of Marvel Characters, Inc., and are used with permission. Copyright (C) 2004 Marvel Characters, Inc. All rights reserved. www.marvel.com.