LOS ANGELES, CA--(Marketwire - Jun 6, 2012) - Capital Art, Inc. (PINKSHEETS: CAPA), was established to acquire, edition and manage some of the most valuable iconic photographic images and to internationally market limited editions and reproductions from the original negatives.
We are proud to announce that internationally renowned interior decorator Christopher Guy has chosen a selection of iconic images by Bert Stern, Douglas Kirkland and Bud Fraker to be sold at Harrods.
Sean Goodchild, CEO of Capital Art, Inc. commented: "We are very proud of our relationship with Christopher Guy. The showroom at Harrods will bring these iconic photos to a wide audience both from England and abroad. Harrods is probably the world's best known shopping destination for the elite and wealthy customers from around the world."
Christopher Guy Harrison added: "We are excited to be working with Capital Art to provide these iconic photographs for our customers around the world."
About Christopher Guy
Christopher Guy is one of the leading Interior Decorating companies in the world with offices in the United States, England and Singapore. Clients include many of the major hotels and resorts, movie productions and the world's finest private homes. For further information please go to www.christopherguy.com.
About Capital Art, Inc.
Capital Art, Inc. (CAPA.PK) 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. The company already owns and/or manages an amazing array of valuable photography including the works of the late Frank Worth who was "confidant to the stars" during the golden era of Hollywood.
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.
The Frank Worth Collection is composed of over 5,000 analog negatives, which also have an increasing intrinsic collectors value themselves, as digital reproduction has virtually replaced the use of original negatives.
Christie's of London, a leading auction art house, heralded the Frank Worth collection as "The most significant find of its kind in the last 50 years."
Capital Art aims to become a leading force in the international management/distribution of iconic photographic art.
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.