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Gaming Venture Corp. Becomes Kuhlman Company, Inc.
MINNEAPOLIS, June 9 /PRNewswire/ -- Kuhlman Company, Inc., formerly Gaming
Venture Corp., U.S.A., announced today that the Company has begun trading under
the symbol KHLM on the OTC Bulletin Board. The Company had previously traded
under the symbol GVUS.
Kuhlman is a specialty retailer and wholesale provider of both men's and
women's apparel, offered under the Kuhlman brand through company-owned retail
stores and under private labels through other large retailers. Kuhlman opened
its first retail store in July 2003 and now operates thirty (30) retail stores
in 16 states, competing in the "better-priced" market, with most stores located
in upscale malls. The majority of Kuhlman's stores are for men but the company
recently developed a woman's specialty boutique format, with woman's apparel
available in 6 locations. The strategy of Kuhlman is to develop a nationally
recognized brand by strategically opening its apparel stores in upscale
shopping malls, upscale street locations, high-traffic transportation hubs and
open air lifestyle centers. Kuhlman also provides product design and contract
manufacturing for department store retailers seeking to augment their in-house
design and sourcing expertise. Kuhlman has approximately 150 employees and its
corporate office is located in Minneapolis, MN. Additional information
regarding Kuhlman and its apparel, and store locations can be found at
http://www.kuhlmancompany.com/ .
This document contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Such statements include, but
are not limited to, statements about the benefits of the business combination
transaction involving Gaming Venture Corp., U.S.A., and Kuhlman, including
future financial and operating results, the combined company's plans,
objectives, expectations and intentions and other statements that are not in
the nature of historical facts, including Kuhlman's ability to continue
expansion. Such forward-looking statements are based upon the current beliefs
and expectations of the management of Gaming Venture Corp., U.S.A., and are
subject to significant risks and uncertainties that could cause actual results
to differ materially from those projected. These include the failure of the
conditions to the merger, as set forth in the related merger agreement, to be
met in a timely fashion (if at all), changes in market conditions, and changes
in the competitive landscape in the industry in which Kuhlman operates. Any
information which is not historical in nature constitutes a forward-looking
statement and speaks only as of the date of this press release. Gaming Venture
Corp., U.S.A. undertakes no obligation to update investors of changes in
forward-looking statements or the risks and uncertainties in relation thereto
as more definitive information may become available.
DATASOURCE: Kuhlman Company, Inc.
CONTACT: Jon Gangelhoff, CFO of Kuhlman Company,
+1-612-338-5752 ext. 210
Web site: http://www.kuhlmancompany.com/