NEWS...
IMAGE Worldwide, Inc. (PINKSHEETS: IMGW) announced that subsidiaries, St. Louis Packaging and STL Graphics Group, signed a contract with John Paul Mitchell Systems for over $500,000.00. The contract includes printing custom packaging along with specific inserts in the cartons to be delivered in 2009. John Paul Mitchell Systems is the largest privately held beauty company in the world and has worked with St. Louis and STL since 2002. This is the largest contract between the parties and both parties are expecting continued success together.
IMAGE CEO Steven St. Louis said, "John Paul Mitchell is a great client for us and now that we can offer additional products and services with the complete IMAGE network we hope to expand our relationship in the future. Our current STL staff has been meeting with the current IMAGE staff to help increase the value to our current and future clients and we are all excited about the opportunities ahead of us. My goal is to finish the STL audit in about 30 days and continue to pursue potential acquisitions."
