Saturday, January 22, 2005
Warning Model Management's Newly Expanded Talent Division Posts Record First Two Months March 11, 2003
Business Editors/Advertising & Fashion Writers
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--March 11, 2003
In January and February alone, Warning Talent has booked over 60 television commercials. Commercials featuring Warning Talent people include Coors, Budweiser, Nextel, Michelob, Panasonic, Gallo Wine, Sears, Taco Bell, Siemans Cellular, Dupont, Old Navy, Miller Lite, Intel, Burger King, Hallmark, Cadillac, Killians, Longs Drug Stores, Yahoo Personals and Motorola to name just a few.
Warning Talent is division of Warning Model Management, LLC and is an extremely healthy identity in its own right. The Talent Division substantially expands the services offered to Warning's models and actors.
"These bookings represent substantial cash flow as residuals are paid constantly throughout the year with possible rollovers and renegotiations pending for years to come," according to Steve Chamberlin, Warning Model's President and Chief Executive Officer.
The Warning Talent division of Warning Model was recently expanded with the addition of two of Los Angeles's top talent agents, Michelle Henderson and Lisa Reider. When Michelle and Lisa joined Warning Talent, they brought with them over 100 new clients to add to the impressive pool already represented.
The Warning Model Division has also seen an increase in model bookings on the West Coast in response to the extreme weather conditions that have been experienced on the East Coast and Europe.
About Warning Model Management, LLC
Warning Model Management, LLC was established in September 1998 and is a large modeling agency, providing high-quality fashion oriented models and related services to both the fashion industry as well as retailing and advertising sectors. Warning Model Management is located in Beverly Hills, California and provides modeling services worldwide.
About Famous Fixins, Inc.
On December 31, 2002, Famous Fixins, Inc. (OTCBB:FIXN) was acquired by Warning Model Management, LLC through a reverse merger of FIXN Acquisition Sub, Inc., a subsidiary of FIXN.
Prior to this time, until May 15, 2002, the Company was a promoter and marketer of celebrity licensed consumer products for sale in supermarkets, other retailers and over the Internet. The Company developed, marketed and sold licensed consumer products based on the diverse professional, cultural and ethnic backgrounds of various celebrities. The Company entered into licensing agreements with high profile celebrities and created consumer products which included various product lines consisting of salad dressings, candy products, cosmetic products, adhesive bandages and other novelty products endorsed by the licensors. The Company sold directly to customers and also utilized a network of consumer products brokers to distribute its products throughout the United States and Canada. Third party manufacturers produced the Company's various consumer products. On May 15, 2002, the Company completed a divestiture of all of its operations and sale of substantially all of its assets and assumption of certain specified liabilities by Starbrand, LLC under a "Settlement of Debts and Asset Purchase Agreement." After the divestiture of operations, the Company's activities consisted of seeking additional financing and/or capital and acquiring a new business until December 31, 2001.
Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K for the year ended Dec. 31, 2001 and its subsequent filings with the SEC.
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