Enesco Group, Inc., (NYSE:ENC) a leader in the giftware, and home and garden decor industries, recently launched Disney Impressions, a new Disney brand developed specifically for the U.S. marketplace. The Disney Impressions collection showcases Disney characters as they celebrate special occasions and everyday moments. The Company also is working with Disney Consumer Products to develop home decor and garden products, general gifts and other decorative accessories for both the U.S. and international markets. Under the Disney Impressions umbrella, brands currently available from Enesco include "Pooh & Friends," "Mickey & Friends" and "Disney & Me," which are gift and decorative accessory lines targeted for the mid-tier specialty gift retailers. Enesco is expanding its product offering to include home decor and gift products based on Mickey and Standard Characters, Classic Film Characters, Disney Princess and Disney's Winnie the Pooh. The product mix includes general gift, occasion-themed, and home decor products targeted for distribution in mid-tier and specialty gift retailers. Products included under the Disney Impressions umbrella range in price from $7.50 to $75 SRP at specialty retailers nationwide. "We are very pleased to enhance our current Disney offerings in the mass market, mid-tier and specialty channels," said Cynthia Passmore-McLaughlin, president and CEO of Enesco. "With the Disney Impressions brand, Enesco has an opportunity to introduce a new Disney portfolio to a variety of distribution channels in the U.S. and around the world." Enesco's new Disney products are available for immediate shipment. Retailers may call 1-800-4-ENESCO for more information or to place an order. About Enesco Group, Inc. Enesco Group, Inc. is a world leader in the giftware, and home and garden decor industries. Serving more than 30,000 customers globally, Enesco distributes products to a wide variety of specialty card and gift retailers, home decor boutiques, as well as mass-market chains and direct mail retailers. Internationally, Enesco serves markets operating in the United Kingdom, Canada, Europe, Mexico, Australia and Asia. With subsidiaries located in Europe and Canada, and a business unit in Hong Kong, Enesco's international distribution network is a leader in the industry. The Company's product lines include some of the world's most recognizable brands, including Border Fine Arts, Bratz, Circle of Love, Foundations, Halcyon Days, Heartwood Creek, Jim Shore Designs, Lilliput Lane, Nickelodeon, Pooh & Friends, Walt Disney Classics Collection, and Walt Disney Company, among others. Further information is available on the Company's web site at www.enesco.com. This press release contains forward-looking statements, which reflect management's current assumptions and beliefs and are based on information currently available to management. The Company has tried to identify such forward-looking statements by use of such words as "expects," "intends," "anticipates," "could," "estimates," "plans," and "believes," and similar expressions, but these words are not the exclusive means of identifying such statements. Such statements are subject to various risks, uncertainties and other factors, which could cause actual results to vary materially from those anticipated, estimated, expected or projected. Important factors that may cause actual future events or results to differ materially and adversely from those described in the forward-looking statements include, but are not limited to: the Company's success in implementing its comprehensive plan for operating improvement and achieving its goals for cost savings and market share increases; the Company's success in developing new products and consumer reaction to the Company's new products; the Company's ability to secure, maintain and renew popular licenses, particularly our Cherished Teddies, Disney and Heartwood Creek licenses; the Company's ability to grow revenues in mass and niche market channels; the Company's ability to comply with covenants contained in its credit facility; the Company's ability to obtain a new global senior credit facility; changes in general economic conditions, as well as specific market conditions; fluctuations in demand for our products; manufacturing lead times; the timing of orders and shipments and our ability to predict customer demands; inventory levels and purchase commitments exceeding requirements based upon incorrect forecasts; collection of accounts receivable; changes in the regulations and procedures affecting the importation of goods into the United States; changes in foreign exchange rates; price and product competition in the giftware industry; variations in sales channels, product costs or mix of products sold; and, possible future terrorist attacks, epidemics, or acts of war. In addition, the Company operates in a continually changing business environment and does not intend to update or revise the forward-looking statements contained herein, which speak only as of the date hereof. Additional information regarding forward-looking statement risk factors is contained in the Company's reports and filings with the Securities and Exchange Commission. In light of these risks and uncertainties, the forward-looking statements contained herein may not occur and actual results could differ materially from those set forth herein. Accordingly, you should not rely on these forward-looking statements as a prediction of actual future results.
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