The Leather Factory, Inc. Engages Financial Advisor |
FORT WORTH, Texas--(BUSINESS WIRE)--March 19, 2003--The Leather Factory, Inc. (AMEX:TLF) today announced that it has retained Westminster Securities Corporation as its financial advisor.
Wray Thompson, Chairman and Chief Executive Officer of The Leather Factory, Inc. commented, "In our efforts to increase the visibility of The Leather Factory, we have retained Westminster as a financial advisor. Westminster will be providing us with financial and strategic advice as well as assisting us with institutional investors."
Westminster Securities Corporation is a full service brokerage firm operating in six principal areas: Execution Services, Clearing and Operations, Corporate Finance, Institutional Sales and Trading, Research, and Institutional and Retail Account Management. Combining the responsiveness of a boutique firm with the financial expertise of a long established institution, Westminster provides its services to corporations, institutions, private clients, and investment professional worldwide. Founded in 1971, Westminster is a member of the New York Stock Exchange, National Association of Securities Dealers, and the Securities Investor Protection Corporation. Westminster is headquartered at 100 Wall Street, New York, with branch offices in Atlanta, New York, Miami, St. Louis and Shanghai.
The Leather Factory, Inc., (http://www.leatherfactory.com), headquartered in Fort Worth, Texas, is an international marketer and wholesale distributor of a broad product line including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, shoe repair supplies, saddle and tack hardware, and do-it-yourself kits, and is a manufacturer and distributor of fancy hat trims, leather lacing and kits. The Company distributes its products through sales and distribution units located throughout the U.S. and Canada and through its subsidiary, Tandy Leather Company, via retail stores and the Internet (http://www.tandyleather.com). Its common stock trades on the American Stock Exchange with the symbol "TLF."
This news release may contain forward-looking statements. All forward-looking statements made here or in other news releases issued by The Leather Factory, Inc. are based on current expectations as of the date of the release. These forward-looking statements involve risks and uncertainties that could cause the results of The Leather Factory, Inc. to differ materially from management's current expectations. Many of these risks and uncertainties are detailed from time to time in TLF's reports filed with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and the most recent quarterly report on Form 10-Q.
CONTACT: The Leather Factory, Inc., Fort Worth
Wray Thompson, 817/496-4414
or
Shannon L. Greene, sgreene@leatherfactory.com
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Tandy Leather Factory, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.
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Mar 19, 2003 |
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