Toy Company Seeks Out Majic Wheels
MajicWheels Inc. (MJWL), which competes with companies like LeapFrog Enterprises, Inc. (LF) and JAKKS Pacific, Inc. (JAKK), could be poised to move higher after it announced that a major worldwide distributor of toys has displayed interest in its products.
MajicWheels Inc. [[MJWL.OB]], a leading developer of gravity defying remote-controlled toy cars, announced today that a major worldwide distributor of toys has displayed interest in aiding in the manufacture and distribution of the company’s toy vehicles.
Ongoing discussions are focusing on final details relating to the look and feel of the toy vehicles based on advanced market research. The MajicWheels prototype can be seen in action at http://www.youtube.com/majicwheels.
MajicWheels’ patented technology currently enables its remote-controlled cars to traverse a variety of surfaces, including those that are steeply inclined, completely vertical, or even inverted altogether such as walls or ceilings. Several companies have shown a great deal of interest in vehicles’ technology.
“MajicWheels technology is attracting the interest of some of the world’s leading toy distributors,” said MajicWheels CEO Asher Zwebner. “We are confident that selecting the right partner can propel our company to great heights and make our remote-control vehicles into household items.”
About MajicWheels
MajicWheels brings innovation to the industry of radio-controlled toy cars through its groundbreaking, patented climbing device technology. MajicWheels intends to become a leading player in the climbing device radio- controlled toy car world, offering countless hours of fun to youth in the 6- 12 year-old age bracket. Models will be offered in several aesthetically pleasing designs, and a variety of colors. Learn more about MajicWheels at http://www.majicwheels.com.
CONTACT: Daniel Minton, Managing Director, 406-862-5400, daniel@accelerize.com