SRM Entertainment Secures Large Order from One of Orlando’s Biggest Theme Parks for Misting Fans
25 November 2024 - 1:30PM
SRM Entertainment, Inc. (Nasdaq: SRM)(the “Company,” “SRM
Entertainment” or “SRM”), a leading provider of high-quality
licensed media-themed merchandise, today announced a significant
order for its line of misting fans, designed to provide refreshing
relief to theme park visitors worldwide. The initial order of
$820,000 for US theme parks and $85,000 for international parks,
marks a strong presence in this growing product category for SRM
Entertainment.
"This is only the beginning of what we expect to
be a strong expanding product line for SRM," said Taft Flittner,
President of SRM Entertainment. "These misting fans offer a
practical and enjoyable solution to beat the heat at theme parks,
and we are confident they will continue to be a popular item among
visitors."
The misting fans will feature prominent theme
park logos and characters, creating cherished keepsakes for
children and families. "These fans will not only provide welcome
relief from the heat but also serve as lasting reminders of
fun-filled theme park adventures," added Flittner.
Rich Miller, CEO of SRM Entertainment, expressed
his enthusiasm for the product line and its potential for further
growth. "We are excited about the popularity of this line and see
it as a possible addition to our Amazon sales, which are growing
each month," said Miller. "This order represents a strong
relationship with Orlando’s major theme parks due to our history of
delivering excellent quality products."
Capitalizing on Increased Theme Park
Traffic
With theme park attendance on the rise and wait
times often exceeding expectations, products like SRM
Entertainment's misting fans are in high demand. "These high-volume
items provide a much-needed respite from the heat and contribute to
a more enjoyable theme park experience for visitors," said Miller.
"We are well-positioned to capitalize on this growing market and
meet the demand for practical and engaging products that enhance
the theme park experience."
Flittner expects the misting fan orders to grow
significantly going into 2026 as SRM expands its reach into
prominent international theme park markets. "We are confident that
our misting fans will be a hit with theme park visitors worldwide,"
said Flittner.
About SRM Entertainment, Inc.
SRM Entertainment designs, develops, and
manufactures custom merchandise which includes toys and souvenirs
for the world's largest theme parks and other entertainment venues.
Many of SRM’s creative products are based on award winning
multi-billion-dollar entertainment franchises that are featured in
popular movies and books. SRM products are distributed worldwide at
Walt Disney Parks and Resorts, Universal Parks and Destinations,
United Parks and Resorts – SeaWorld, Six Flags and other
attractions. SRM’s products are offered alongside popular rides and
attractions in theme parks, zoos, aquariums, and other
entertainment venues. SRM’s design team developed specialty dolls,
plush and toys for one of New York City’s landmarks that features a
popular holiday show. SRM’s design team is credited with creating
popular products which have been successfully sold at specialty
theme park events. SRM’s exclusive-patented Sip With Me cups
feature fun, kid friendly Zoo, Sea and animal themed characters as
well as licensed characters from Smurfs, ICEE and Zoonicorn.
Caution Regarding Forward-Looking
Statements
Certain statements in this announcement are
forward-looking statements. Investors can identify these
forward-looking statements by words or phrases such as “may,”
“will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,”
“plan,” “believe,” “is/are likely to,” “potential,” “continue” or
other similar expressions. These statements are subject to
uncertainties and risks including, but not limited to, the risk
factors discussed in the Risk Factors and in Management’s
Discussion and Analysis of Financial Condition and Results of
Operations sections of our Forms 10-K, 10-Q and other reports filed
with the SEC and available at www.sec.gov. Although the
Company believes that the expectations expressed in these
forward-looking statements are reasonable, it cannot assure you
that such expectations will turn out to be correct, and the Company
cautions investors that actual results may differ materially from
the anticipated results and encourages investors to review other
factors that may affect its future results in the Company's
registration statement and other filings with the SEC. Additional
factors are discussed in the Company's filings with the SEC, which
are available for review at www.sec.gov. The Company undertakes no
obligation to update or revise publicly any forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations that arise after the date hereof,
except as may be required by law.
Media and Investor
RelationsInfo@SRMentertainment.com(407)-230-8100website:
SRMentertainment.com
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