LOS ANGELES, CA--(Marketwire - Nov 28, 2012) - Capital Art, Inc. (
"Original works by this artist can fetch millions at auction, but thanks to Capital Art and Fab.com fans of Keith Haring may now hang one of his works in their very own home," commented CEO Sean Goodchild. "This is a perfect example of our ongoing strategy to make desirable art more accessible as something special for the home, a great investment or treasured gift."
Capital Art first worked with Fab.com in early 2012, offering the iconic imagery of photographer Frank Worth at great prices and in the first day sold over 1000 prints. Since then, Capital Art has continued to offer artwork from the Vault on Fab.com achieving record sales every time.
Capital Art has worked closely with Fab.com over the past year to further the Company's commitment to bringing affordable, quality, iconic art into the homes of everyday consumers. Fab.com, a leader in the world of online retail, has made it their mission to help people better their lives with design. Their membership is over 8 million, and everyday those members use Fab.com to discover great products at reasonable prices.
Later in December, Capital Art will again offer the remarkable Frank Worth fine art lithographs to Fab.com's members. Whether these consumers are looking for the perfect piece of art to decorate their home or the perfect gift, Capital Art and Fab.com has something special just for them.
About Capital Art, Inc
Capital Art, Inc. (CAPA.PK on OTC Pink® Marketplace) acquires editions and manages some of the most valuable iconic photographic images and internationally markets limited editions and reproductions created from the original negatives. The company also makes available images for publications and merchandize.
Capital Art sells and distributes classic and contemporary limited edition photographic images and reproductions with a focus on iconic celebrity images.
Investment in iconic photographic images is increasingly becoming an important component for a growing number of art collectors and investors. As photography is becoming an asset class in its own right, and with a rapidly growing middle class, the demand for iconic images should continue to increase with little new material coming to the market.
Capital Art aims to become a leading force in the international management/distribution of iconic photographic art.
Investors can find Real-Time quotes and market information for the Company on www.otcmarkets.com/stock/CAPA/quote.
Fab.com was founded in 2011 by life-long friends Jason Goldberg and Bradford Shellhammer and quickly became the fastest growing e-commerce website on the planet. Over 8 million members in 26 countries log in to Fab.com to see the latest deals on products from more than 7,500 designers. The Fab team consists of over 600 passionate design lovers, with offices in Berlin, Deinze, London, New York and Pune, working hard to help people better their lives with design. Fab.com continues to expand and evolve, and this year launched their Mobile Social Shopping and Facebook Connect. This Thanksgiving, 40% of Fab's sales were done through mobile devices. Fab.com is a leader and innovator in the world of e-commerce.
The foregoing press announcement contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. Management's expectations could be affected by, among other things, uncertainties relating to our success in judging consumer preferences, financing our operations, entering into strategic partnerships, engaging management, seasonal and period-to-period fluctuations in sales, failure to increase market share or sales, inability to service outstanding debt obligations, dependence on a limited number of customers, increased production costs or delays in production of new products, intense competition within the industry, inability to protect intellectual property in the international market for our products, changes in market condition and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the statements are made.