INVITATION FOR PROPOSALS
TO PURCHASE THE BUSINESS AND/OR ASSETS OF
STOREIMAGE PROGRAMS INC.
KPMG Inc. in its capacity as Court-appointed receiver and manager (the “Receiver”) of
Storeimage Programs Inc. (“Storeimage”), hereby invites written proposals for the purchase of
the Receiver’s right, title and interest, if any, in the business operations, undertaking and assets of Storeimage on an en bloc basis, or otherwise, on an “as is, where is” basis. Storeimage is located in Brantford, Ontario, and designs, fabricates and installs print, décor and fixtures to all retail sectors.
Assets offered for sale include the following:
- Manufacturing operations, inventory and equipment;
- Real property;
- Patents, trademark and other intangible assets;
- Storeimage’s interest, if any, in certain leased equipment.
All proposals must be sealed and received in writing by KPMG Inc. at Suite 510, 21 King Street
West, Hamilton, Ontario, L8P 4W7 no later than 5:00 p.m. (EST) on Wednesday August 11,
2010.
The highest or any proposal will not necessarily be accepted. En bloc proposals for the purchase
of the entire assets and operations of Storeimage will be given special consideration. Nothing
contained in this Invitation for Proposals precludes the Receiver from entering into an agreement to sell any or all assets prior to Wednesday August 11, 2010.
All proposals must be accompanied by a refundable deposit of 15% of the purchase price offered and conform with the terms and conditions set out in the information memorandum. To obtain further details please contact Mr. Vince Raso at (905) 523-2258 or vraso@kpmg.ca
KPMG INC. COURT-APPOINTED
RECEIVER AND MANAGER OF
STOREIMAGE PROGRAMS INC.