Apr 4, 2011

LF Products Is Set To Expand Global Reach In Toy Market

New York – Toy maker HYPERLINK “http://www.technosourceusa.com/” Techno Source USA has now joined the family of Li & Fung Limited, following a March 14, 2011 agreement under which LF Products has acquired the business assets of Techno Source USA, Inc.

The Techno Source business will continue to operate under the management of founders Rich Migatz and Wayne Nathan, and Eric Levin, and provide a platform for Li & Fung to continue to build and expand its toy business globally. LF Products is part of Li & Fung Limited (SEHK:494), the Hong Kong-headquartered multinational consumer goods export and logistics group, which is recognized as the world’s leader in consumer goods design, development, sourcing and distribution.  The Group manages the supply chain for retailers and brands worldwide from about 240 offices and distribution centers in more than 40 economies.

Over the last 12 years, Techno Source has been one of the fastest growing toy companies in the United States and worldwide, and is a proven toy innovator, with a track record of successfully introducing electronic and non-electronic games.

The award-winning branded product portfolio includes 20Q®, Tetris®, Disney®, Rubik’s®, Nickelodeon, Bicycle® (The United States Playing Card Company), Intellivision™, Guess What I Am!™,  and Electronic Touch-Screen Sudoku™.  Its products are sold through major retailers, department stores, mass merchants, drug and grocery stores, bookstores, specialty retailers, Internet and non-traditional retailers throughout North America, South America, Europe, Asia, Africa and Australia.  

Media Contact:

Linda Krebs

for Techno Source

G.S. Schwartz & Co.

(212) 725-4500 ext. 312

(646) 824-5186 (cell)

lkrebs@schwartz.com