Business
New Agreement with Gulf Region
New Agreement with Gulf Region.
About this update from Ekf Diagnostics Holdings Plc
[{"type":"text","content":"\n \nEmbargoed: 7:00hrs 30 April 2007\n\n International Brand Licensing Plc \n\n ('IBL') \n\nInternational Brand Licensing Plc announces new Admiral Licensee for the Gulf\nRegion\n\nIBL today announces that it has entered into a six year license agreement for\nits Admiral sports brand with Jeddah based Khalid Al Amoudi Enterprises\n(\"KAA\"). The agreement covers the territory of the Gulf Cooperation Council\nStates and will generate minimum royalties of $153,000, with management\nprojections significantly higher, during the term.\n\nTony Hutchinson, IBL Chief Executive comments: \"We are delighted to have\nentered this agreement with one of the most well respected and successful\nsports distributors in the Gulf region. KAA has a wealth of experience in the\nindustry, and we are confident that it will successfully build Admiral into a\nmainstream sports brand there in the coming years.\"\n\nAdmiral is the official kit supplier to the England and Wales and West Indies\nCricket Boards, as well as Leeds United and Huddersfield Town.\n\nFor further information contact:\n\nTony Hutchinson 0041-79-468-9450\n\nPaul Foulger 0207-245-1100\n\nRomil Patel / Katie Ratner 020 7448 4400\n\nBlue Oar Securities\n\n\n \n ","length":1528,"tagName":"div"}]