Sparks Exhibits & Environments Announces Merger Agreement
Sparks to Combine Forces with Showtime Enterprises, Inc.
Philadelphia, PA (PRWEB) January 16, 2005 -- Sparks Exhibits & Environments, a leading creative event marketing agency and provider of tradeshows and custom environments announces its agreement to acquire Showtime Enterprises, Inc., designers, marketers and producers of tradeshow exhibits, point-of-purchase displays, museums and premium incentive programs.
We are very excited to have the opportunity to join forces with the talented individuals at Showtime Enterprises," states Scott Tarte, CEO of Sparks Exhibits & Environments. We have been extremely impressed with their experience and professionalism, as well as their dedication to their customers. The combination of our businesses will broaden our respective capabilities and ultimately yield new benefits, resources and creative talents to both our clients and our partners."
Showtime Enterprises sought a partner that shared its same energy and vision. Sparks has demonstrated a unique ability to adapt and prosper by embracing the opportunities that come in a changing business environment," states David Sudjian, Founder, President and CEO of Showtime Enterprises, Inc. We look forward to merging our talents and culture and building upon the best and brightest that our two organizations have to offer."
The two companies had combined 2004 annual sales of over $90M and would have the scale and resources to provide a broad range of capabilities and services to its customer base. The transaction is subject to court approval as Showtime goes through a reorganization process over the next 45-60 days.
About Sparks Exhibits & Environments
Sparks Exhibits & Environments is a division of Marlton Technologies, Inc. (ASE:MTY). For over 85 years, the company has provided world-class designs and cohesive entertainment and marketing programs for clients in over 45 countries. Sparks is headquartered in Philadelphia, with additional facilities in Atlanta, Orlando, Los Angeles, San Francisco, Las Vegas and Chicago. Sparks creates themed environments, museums, corporate lobbies, special events, merchandising fixtures and tradeshow projects. For more information about Sparks Exhibits & Environments visit http://www.sparksonline.com.
About Showtime Enterprises, Inc.
Showtime Enterprises, Inc. was founded in 1989 by David Sudjian and Harold Jensen. Specializing in the design, marketing and production of tradeshow exhibits, point-of-purchase displays, museums and premium incentive programs, Showtime Enterprises has production facilities in New Jersey and Las Vegas as well as a design/sales office in San Francisco. For more information about Showtime Enterprises, Inc. visit http://www.showtimeinc.com .
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