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                                                                    Exhibit 99.1


Exhibit 99.1 - STATEMENT REGARDING FORWARD-LOOKING INFORMATION

    The Private Securities Litigation Reform Act of 1995 (the "Act") provides a
"safe harbor" for "forward-looking statements" (as defined in the Act). The
Company's Annual Report on Form 10-K to which this exhibit is attached, or any
other written or oral statements made by or on behalf of the Company may include
or incorporate by reference forward-looking statements which reflect the
Company's current view (as of the date such forward-looking statement is made)
with respect to future events, prospects, projections or financial performance.
Forward-looking statements involve known and unknown risks and uncertainties,
which may cause the Company's actual results in future periods to differ
materially from forecasted results. Forward-looking statements include
statements regarding the intent, belief, projected or current expectations of
the Company or its Officers (including statements preceded by, followed by or
including forward-looking terminology such as "may," "will," "should,"
"believe," "expect," "anticipate," "estimate," "continue" or similar expressions
or comparable terminology), with respect to various matters. The Company cannot
guarantee future results, levels of activity, performance or achievements.
Factors that could cause or contribute to such differences include, but are not
limited to economic, competitive, governmental and technological factors
affecting the Company's operations, markets, products, services, prices, changes
in estimates regarding the Company's future contractual obligations and other
factors, including those discussed in the Company's filings with the Securities
and Exchange Commission, and those set forth below.

         The risks and uncertainties described below are not the only ones
facing the Company. The following list is not intended to be exhaustive.
Additional risks and uncertainties, including those not presently known to the
Company, may also affect and/or impair the Company's business operations.

         - The Company's business has been adversely affected by the economic
slowdown and the uncertain political climate;

         - The Company's ability to service its outstanding debt, including
satisfying certain covenants and ratios under its revolving credit facility, as
amended, is dependent upon its results of operations;

         - The Company is currently prohibited from paying cash dividends under
its revolving credit facility, as amended;

         - The Company has implemented a strategic plan in the first quarter of
fiscal year 2003 to restructure some of its operations;

         - The Company's ability to anticipate and respond to changing consumer
demand and preferences, including the Company's ability to introduce new
products on a timely and efficient basis, may affect its results of operations;


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         - The Company faces significant competition, including competition from
other manufacturers, many of whom have greater financial resources than the
Company, and competition from lower cost imports, particularly from the Far East
and primarily from China;

         - The loss of a major customer could materially adversely affect the
Company's revenues;

         - The inability to obtain raw materials, or an increase in the price of
raw materials, could materially adversely affect the Company's margins;

         - The Company's business may subject the Company to product liability
or infringement claims;

         -  The Company's foreign operations may expose the Company to risk;

         - The loss of the services of key employees could jeopardize the
Company's ability to maintain its competitive position;

         - If the Company's labor relations become strained, the Company's
productivity could decrease;

         - The Company is subject to regulations, including environmental
regulations, that may be materially burdensome or expensive to satisfy and/or
comply with, and which may affect the Company's results of operations;

         - The Company's stock price may fluctuate significantly resulting in a
 loss in market value;

         - The continued listing of the Company's Class A Common Stock on the
New York Stock Exchange is subject to the Company satisfying certain conditions,
some of which are beyond the control of the Company; and

         - Paul Bush owns a significant portion of the Company's Common Stock
and will be able to exercise significant influence over the Company's affairs,
which could make it difficult for a potential buyer to acquire the Company, and
which could have an adverse effect on the market price of the Company's Class A
Common Stock.

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