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Press Releases
Press Releases Friday, April 20, 2001   
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HousewaresDirect to Debut at Gourmet Products Show

New Online Marketplace for Housewares Suppliers, Retailers and Representatives Establishes Content Partnership with Kitchenware News; Enrolls Premium Cutlery Distributor R.H. Forschner

BRANFORD, Conn., April 20 -- HousewaresDirect, a full-service online marketplace for housewares suppliers, retailers, and representatives will debut at the upcoming Gourmet Products trade show in New Orleans April 22nd through April 25th. Vendor and retailer attendees can see a demonstration of and join the marketplace, which will begin service late spring of this year.

HousewaresDirect also announced today a strategic partnership with the industry`s leading publication Kitchenware News that will provide exclusive industry news and content for the site and that distributor R.H. Forschner has selected the service to be the exclusive retail channel for selling its Victorinox line of premium cutlery.

"HousewaresDirect offers a much-needed service for the housewares industry," said Jim McNeil publisher of Kitchenware News. "Together, we`ll provide suppliers, retailers, and representatives with a one-stop shop for buying and selling kitchenware items and staying abreast of industry news, trends and information."

HousewaresDirect was created to resolve key issues facing the majority of housewares suppliers and retailers. Suppliers want to reach more retailers, display the largest number of SKUs and have flexibility with their pricing. Retailers want to a broader selection of goods, an efficient ordering system, and reduced inventory-carrying costs.

"As a supplier, I appreciate the easy, low risk solution HousewaresDirect provides Forschner," said Robert Topazio, vice president/general manager of Forschner. "We are looking forward to using the service to provide housewares retailers our cutlery for the first time."

Qualified suppliers, retailers and representatives can register at http://www.housewaresdirect.com for free to get a more detailed understanding of the marketplace`s benefits.

About HousewaresDirect
HousewaresDirect is the premier online marketplace for registered retailers, suppliers, and representatives in the housewares industry. Members benefit from access to top of the line product catalogs, credit and financing services, and content on industry trends, provided by our strategic partner, Kitchenware News. Retailers can purchase a broader set of products at competitive prices and track the products from order to receipt. For suppliers and representatives, HousewaresDirect provides a 24-hour sales channel that extends market reach nationwide and enhances pricing strategies and cash flow. For more information, visit http://www.housewaresdirect.com or call 212-812-1429.

CONTACT:
David Templeton
VP Corporate Communications o fNewNetCo.
203-483-7373
dtempleton@newnetco.com

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