DARICE INC. ACQUIRES INQUE BOUTIQUE

FOR IMMEDIATE RELEASE 
DARICE INC. ACQUIRES INQUE BOUTIQUE 
Strongsville, OH -- August 25th, 2008 -- Furthering its strategy of delivering industry-leading assortment and price to the retail craft industry, Darice Incorporated has acquired the innovative stamping / paper crafting supplier Inque Boutique.

This acquisition combines Inque Boutique’s product lines with Darice’s existing portfolio of paper crafting products.  As a result of the merger, which was completed on August 1, 2008, Darice will add 1,000 stamping designs to its current line of scrapbook and stamping products. 

Mary Kay Wilson, Darice’s executive director of product development, said "Inque Boutique has been known for developing fun, stylish products, so this acquisition significantly advances our goal of delivering the highest quality creative products to our retail partners and their customers." 

"We are very excited about bringing Inque Boutique’s product lines into the Darice family of products.  This allows us to provide the most comprehensive and highest quality stamp assortment for our retailer customers, and it helps to fuel future growth across our business.” said Mike Birkholm, Darice’s president.

ABOUT INQUE BOUTIQUE - Based in Lithonia, Georgia, Inque Boutique is a leading provider of stamps and stamping accessories to the craft and scrapbooking retail trade.  Inque Boutique’s products are marketed under a variety of trade names, including See~d’s™, Whispers ™, and Strokes ™. 

ABOUT DARICE INC. - Founded in 1954, Darice Inc. is the craft industry’s premier wholesale distributor, with 750,000 square feet of distribution and headquarters facilities in Strongsville, Ohio. The company’s key products lines include paper crafting, jewelry making, floral design, art supplies, kid’s crafts and FOAMIES ®.  
 
MEDIA CONTACT - Brett Fisher (440) 238-9150 ext. 3130 / Email: brett_fisher@darice.com
 
Darice Inc.
13000 Darice Parkway
Strongsville, OH 44149

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