Jemas Talks New Marvel Distributor

Thursday, July 25, 2002

The following is a statement from Marvel president & COO Bill Jemas concerning the future of Marvel's graphic novels and trade paperbacks:

"CDS is now Marvel's exclusive distributor of graphic novels and trade paperbacks to bookstores and is also developing mass market and specialty store business. Marvel is very impressed with Gilbert Perlman, CDS's Chief Executive Officer, and their entire management team. We are sure that our customers will appreciate their wide-range of coordinated, turn-key, sales, promotion and fulfillment services.

I would be remiss if I did not acknowledge that, for the past year, Diamond Comic Distributors, Inc. has done an admirable job in servicing Marvel's major bookstore accounts. I thank Steve Geppi and his staff for all their efforts on our behalf, and wish them success with their future book market efforts. More importantly, we at Marvel look forward to a strong long-term relationship with Diamond and continued success in distributing Marvel to comic book shops and specialty entertainment retail chains."

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