Industry News | April 22, 2008

1 Smart Duck Looks to Go Public

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1 Smart Duck Management Group, the Birmingham, Alabama-based holding company of 1 Odd Duck and all associated brands and properties announced today that the company has agreed to terms with Pillsbury, Winthrop, Shaw, Pittman LLP, an international law firm with offices in New York, London, Tokyo, and Shanghai to be its general counsel and to pursue the necessary steps to take the company public.

"We are very excited about the momentum that we have gained over the last two quarters and about having a firm like Pillsbury on our team," says 1 Smart Duck CEO Howard Cannon. "We have a significant number of strategic joint ventures, strategic alliances, as well as, a number of management and board member appointments that we look forward to announcing in the near future."

Cannon went on to say, "We have secured the accountants and the transfer agents and are in final negotiations with a few highly respected investment banking firms that would be the center point for our public offering and our short and long term funding efforts and look forward to announcing these agreements as early as the first week in May."