Prime Hosts IPPAG Visit to United States

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BRIDGEPORT, CT - August 22, 2000- Prime Resources Corporation, a Top 25 supplier in the promotional products industry, hosted the International Partnership for Premiums and Gifts (IPPAG) summer meeting on August 22, 2000.

Prime Resources is the exclusive North American supplier member of the International Partnership for Premiums and Gifts (IPPAG), a group comprised of more than 30 member companies from as may countries. The group meets several times each year in Germany, Asia and at least once a year in a specific member's country. This year the group is meeting in New York City and Palm Beach, Florida. The purpose of the meetings is to share new product ideas, reliable vendors, successful business ideas, advertising campaigns and economic/market conditions.

"It is a very close 'family-type' group of companies and since we do not compete in other member countries, it makes for a great union of ideas and teamwork," explained Jeff Lederer, Prime's VP of Business Development.

Each IPPAG member has instantaneous access to a comprehensive e-database of over 5,000 factories and hundreds of thousands of products worldwide. In many situations the group shares significant cost savings of developing products and saves considerably on the group buying power of new and existing products. The IPPAG group enjoys the benefits of attending trade shows en-mass looking for products and has the immediate recognition due to the incredible buying power of the organization.

"Ultimately this helps each member company receive favorable pricing, exclusive and new product ideas, and an unparalleled International Alliance," says Lederer. In many cases the members leverage each other when assistance with international importing situations is needed or when one member may have a buying relationship with a company that the others do not.

Prime Resources Corporation is a Counselor Top 25 Supplier and a PPAI Star Award of Merit winner. Prime supplies more than 400 products through a nationwide group of independent distributor companies. Prime strives to provide the best service and product offering in the industry and is "Your E-Source for Products That Promote."