Started Coverage on Elgrande Selling Art to Consumers

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WFNN continues report on companies to highlight companies believed to have high growth prospects. Dr. Joseph Louis deBeauchamp posted his report on six sites to allow investors to read about these companies.

WFNN said, “Wfnn sees the revenue growth rate significantly higher than the retail industry average. Wfnn believes that the shareholder value will be enhanced by strong growth, margin improvement, increased operational efficiency and acclaimed product line. Wfnn saw the revenues generated for $315K in orders, an increase of 97% as compared to the prior year. Wfnn sees the company poised to capitalize on existing infrastructure and technology to rollout new product choices with little additional overhead. Glassware market continues to expand and show good growth of sales. WFNN thinks that this company might grow to reach a share price of one dollar over the next twelve months."

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About Elgrande: Elgrande International specializes in sourcing, importing, marketing and distributing European-designed quality products produced by small and mid-sized manufacturers to the North American home décor, giftware and art ware sectors. The Company's wholesale division, European Sources Direct, sells to over 1,150 retail locations that include independent retailers and national key accounts. Sales go through a network of 12 sales agencies, 10 show rooms, and 140 professional sales representatives. Elgrande was the winner of the 2003 "Best New Giftware" award.

Harvey Goralnick

FOCUS Partners LLC

300 East 34th Street - Suite 29 G

New York, N.Y. 10016

Tel: 212-752-9445

EGDI -- Elgrande International, Inc.

Michael F. Holloran, Pres. & CEO

1450 Kootenay Street

Suite 302

Vancouver, BC V5K 4R1

Phone: 604-689-0808


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