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Tandy, Sharper Image Ink License Deal

New York – Tandy Brands
Accessories announced today that it has entered into a multiyear licensing
agreement to manufacture and market products under the Sharper Image brand.

The agreement covers connectivity
accessories such as charging docks and portable computer peripherals as well as
travel accessories. Tandy said it expects to drive incremental distribution in
a number of wholesale channels, including national retail and department
stores, clubs and specialty stores. Both organizations expect to see an
incremental impact in their business in calendar year 2012, particularly during
the 2012 holiday season.

“We are quite pleased to
have a new licensee partner in Tandy Brands Accessories,” said Sharper Image
senior VP Federico de Bellegarde. “Tandy Brands has the product development
capabilities and strong retail relationships necessary for successful product

“The Sharper Image
brand is renowned as a leading source of exciting, innovative, high-quality
products that make life more enjoyable,” said Rod McGeachy, Tandy CEO.
“This new license agreement is a significant win for Tandy Brands. The
addition of this license helps us accomplish our two strategic objectives of
increasing the mix of our business that is branded and diversifying our revenue
base by growing with non-mass merchant customers.”