V.
"Once again, we have been able to attract a real industry pro to
the Royal Velvet team and we welcome him to the Company," said Rick
Darling, President of Li + Fung USA.com/broadcast/21820/press.

ozone traction

Fleischer
will report to Lou Casali, who oversees the Royal Velvet team as
Senior Vice-President and General Manager of Li + Fung USA. Most
notably , Mr.lifung. The best sport kite pilots in the U.

windwheels traction

com/cgi-bin/prnh/20040910/FLF016LOGO )
Centel , established in 1992 and headquartered in Mexico City, Mexico,
served over 8,000 resellers in 2004 and is one of the leading IT distribution
companies in that country. INTCOMEX offers single
source purchasing to its customers by providing an in-stock selection of more
than 3,500 products from over 70 vendors, including the world's leading IT
product manufacturers. The company has the leading market share in its product categories
and services the region from its headquarters and master distribution center
in Miami, Florida. Mr."

About Li + Fung Limited

Li + Fung Limited is today one of the premier global consumer
products export trading companies managing the supply chain for
high -volume, time-sensitive consumer goods including garments, fashion
accessories, toys, sporting goods , promotional merchandise,
handicrafts, shoes, travel goods and household items.

tension hq

com), founded in 1989 , is a major
U.

Li + Fung Adds New Merchandising Talent to Royal Velvet Team

Business Editors

NEW YORK----Li + Fung USA, a
subsidiary of Hong Kong-based premier global sourcing group Li + Fung
Ltd. Additionally, he will work with Li + Fung's global offices to
find and develop product and new manufacturing partners.

Additional entertainment throughout the festival will include:

* Boardwalk on the Beach where vendors are selling kites, food and
novelties.

skyshark resellers

Acquisition of Centel S., added, "This transaction is the
first strategic event since our partnership with Citicorp Venture Capital
International ("CVCI") in September of last year.
Guest kite makers display their unique and innovative kites at the
festival.

kitesurfing foils

de C. The festival features kites of all
shapes and sizes, kite makers from around the world, and the best sport kite
flyers in America.

tension brunotti

INTCOMEX to Acquire Leading IT Distributor in Mexico

(Logo: http://www.com

While the anticipated East Coast Stunt Kite Championships take place
Saturday and Sunday.

kite hq

Strengthens Company's Latin American
Operations

MIAMI, In a move that significantly strengthens
the company's already leading market position in Latin America, the world's
fastest growing IT Market, INTCOMEX Inc.
INTCOMEX is a leading United States-based value-added distributor of
information technology ("IT") products to Latin America and the Caribbean . This competition
features kite flyers performing with ultralight kites to music in zero wind.

windwheels tension

de C. The Company services its customers both directly from
Miami and through its wholly-owned network of 20 in-country sales and
distribution operations.

vlieger avia

Mike Shalom
President
+1-305-477-6230
pr@intcomex.

ozone skyline

The company distributes computer components, peripherals, software , computer
systems, accessories, networking products and digital consumer electronics to
more than 20,000 customers in over 40 countries. It puts our company in an
excellent position for further growth and provides our vendors with an ideal
partner with which to do business in all of Latin America .Intcomex. These goods are
sourced through a network of offices in close to 40 countries for
customers in the US, Europe, Asia and the Southern Hemisphere.

foils kite

"With this acquisition, INTCOMEX extends its
market leading reach to 20 sales and distribution operations in 13 countries
in Latin America and solidifies its position as the largest Latin American IT
distributor in terms of market coverage.

kiteboarding skyshark

A.V.-based , value-added distributor of computer components, systems, and
networking solutions into Latin America and the Caribbean, with proforma 2004
sales in excess of $600 million and compounded annual growth rates in excess
of 15%.

If you would like more information about this transaction, please contact:

Intcomex, Inc.shtml

STORY SUMMARY:
The Wildwoods International Kite Festival kicks off the summer season this
Memorial Day Weekend - May 27-30, 2005.

VIDEO PROVIDED BY: GREATER WILDWOODS TOURISM AUTHORITY

For the wholesale distribution of kites and accessories to resellers.

resellers pelton

"We have been looking to enter the Mexican market over the last 12 months,
and are thrilled to announce the acquisition of Centel, a strong, profitable
player in one of Latin America's largest IT Markets," said Anthony Shalom,
Chairman and CEO, INTCOMEX Inc . Mr. Fleischer was the Vice President, Business Development
for Ralph Lauren Home while at Westpoint Stevens, where he spent 15
years of his career. NEW YORK,

ADDITIONAL RESOURCES: Video , hard copy requests, contact information and
more available at http://www.

avia kite

Fleischer as Vice
President of Merchandising for the Royal Velvet brand.
As Vice President of Merchandising, Mr. Fleischer recently held the position of
Director of Merchandising at Charles D. Owen Manufacturing Company. On Monday , the sport kite flyers move indoors to the Wildwoods
Convention Center for the World Indoor Kite Championships.

kitesurfing buggies

A. "We will continue our constant quest to be the best
alternative for IT distribution in the Mexican market. "Bob's experience and leadership
will help us build Royal Velvet into the leading Home Fashion brand in
market.prnewswire.

windsocks vlieger

, one of Mexico's largest technology
distributors . The privately-held company employs approximately
220 people and operates distribution centers in 7 Mexican cities -- Puebla,
Veracruz, Mexico City (DF), Tlalnepantla, Queretaro, Leon, and Monterrey . will fly in over
20 competitions, with European champions Team Or'Paire compete against
America 's best.

kiteboarding resellers

gayla kites

brunotti tako

today announced that it has closed on
the acquisition of Centel S.com

tako hq

newscom . For
more information, please visit Li + Fung's corporate Web site at
www.S.

skyline kites

"
"We are very proud of this new alliance, as it will enable us to provide
the Mexican market with a greater array of products and provide us the
strength with which to further penetrate the market," said Harry Luchtan ,
President of Centel."

Intcomex (http://www. This unique in-country presence allows Intcomex to
offer its customers some of the quickest response times, higher local
inventory levels and the broadest product offerings in the industry.
Mr.

resellers foils

, today announced that it has named Robert P.

20th Annual International Kite Festival Kicks Off The Summer Season

gayla windwheels

As part of the acquisition, Centel partners Harry Luchtan,
Jilbert Azancot, and Hector Yubeili become shareholders of INTCOMEX, Inc and
will continue to lead the newly acquired Mexican operations."
Mike Shalom, president, INTCOMEX Inc. Fleischer is a home furnishings industry veteran with more
than 20 years of achievement in the bed and bath categories.
Every kind of kite imaginable will be at the festival.
* Free kite making workshop for kids
* Kite exhibits on display in the Wildwoods Convention Center
* Demonstrations by world class stunt kite flyers.

jojo traction

The
Company's product line includes over 50 of the leading technology
manufacturers including Microsoft, Intel, Seagate, Western Digital , Toshiba,
Hewlett-Packard, Samsung, Palm, Nortel, Sony and Epson. Fleischer will manage
product development, merchandising and sourcing for the Royal Velvet
brand. Giant kites of all
shapes and sizes -- from inflatable flying sea creatures to giant parafoils,
will be flying high over the beach at Rio Grande Avenue in Wildwood.