|  | Introducing… THE SOLAR GIANT
July 8, 2009
Dear SolarX Eyewear and Gift Giant Customer:
We are pleased to announce that SolarX Eyewear, LLC (SolarX) and The Gift Giant, LTD. (Gift Giant) have
combined to create “The Solar Giant,” the nation’s leading wholesale provider of designer sunglasses,
children’s gifts, personalized Christmas ornaments, and related accessories. The Solar Giant will
inventory more than $3 million of your favorite products, ready to ship within 24 hours.
We are very excited about this transaction, and believe it is a win-win for both of our companies and,
most importantly, for you, our valued customer. Combining our companies is an important part of our
ongoing efforts to further expand our business, better meet your needs and ensure that our products
remain at the forefront of our markets.
SolarX and Gift Giant are a perfect fit strategically. Each company is a leader in our respective markets,
and each company has differentiated itself through ingenuity and a passion to deliver the best products
and service to our customers. As one company, The Solar Giant, we have premier brands, top-tier
customers, and products that sell quickly for all seasons. In other words, joining the strengths of both
organizations will allow us to further build on the solid foundations that we have worked so hard to
establish.
As The Solar Giant customers, you will enjoy the following benefits:
More Diversified Product Portfolio: The Solar Giant will offer customers a more
diversified portfolio of leading products in these categories: designer sunglasses,
personalized children’s gifts, personalized Christmas ornaments, stockings, and related
accessories. In fact, at the Atlanta Gift Show, The Solar Giant will introduce
approximately 90 new ornament designs that will be available for the 2009 holiday
season. The combination also allows us to leverage our buying power with our own
suppliers, enabling us to offer our customers the most competitive pricing in the
marketplace.
Enhanced Ability to Serve Our Customers: As part of The Solar Giant’s uncompromising
commitment to innovation and superior service, you will continue to be our number one
priority. From inventorying the right products to same-day shipping, our customers can
rely on our commitment to fulfill their needs and keep them happy. And if something
does go wrong, you can trust that your sales representative will be there to
professionally and quickly satisfy your needs.
Consolidated and ModernizedWarehouse and Shipping Facility: As you know, over
the last few months, Gift Giant has relocated its inventory to the SolarX warehouse in
Batavia, NY. By consolidating our warehouse and shipping facilities, we will be able to
ship to you all of our products from one location, thereby minimizing freight costs and
improving order processing time. In addition, we have invested considerable resources
to modernize and streamline our warehouse functions to ensure that your orders are
processed quickly and accurately, and that you receive tracking information
immediately.
Dedicated Sales Representatives: Customers will continue to receive the same
personalized service they have come to expect from SolarX, and Gift Giant customers
will now enjoy a dedicated sales representative for their account. Each customer will
have a dedicated sales professional, available by phone, who can assist you with placing
orders and resolving any issues with your account, ranging from item availability to
payment processing, to ensure that all of your needs are met and your expectations are
exceeded.
Increasing Inventory Levels to Meet Demand: As one company, The Solar Giant is well-positioned
financially to ensure that you have the product you need when you need it.
Just last week, The Solar Giant placed more than $1 million in Purchase Orders for
products that will be available for the 2009 holiday season. As part of our commitment
to you, we anticipate being fully stocked for a successful holiday season.
Strong Relationships with Leading Mall Companies: The Solar Giant has strong
relationships with the nation’s leading mall companies, including Simon Properties,
General Growth Properties, CBL, Macerich and many others. By leveraging these
relationships, we believe that we can attain attractive properties for our customers so
that you can operate your businesses year-long at leading malls in America and
internationally.
You have been and continue to be the most vital part of our success. In the end, this transaction is
about enabling SolarX and Gift Giant to achieve our full potential so that we can better meet our
customers’ needs. We hope you share our enthusiasm about our exciting future and we look forward to
continuing to serve you at the highest level.
Sincerely,
Michael Mahoney
President
The Solar Giant
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