TORONTO, March 11, 2013 /PRNewswire/ -- The Directors of Herrington Teddy Bear Corporation are pleased to announce that the company has been admitted to the GXG Markets First Quote with the stock symbol "BEAR".

"We are very excited to be listed on the GXG Markets First Quote and are looking forward to quickly moving up to the GXG Main Quote and eventually the GXG Official list," said CEO and Founder Chris Herrington

"We have developed an exciting new wireless technology that will be embedded into our new collection of smart toys that will allow the toys to wirelessly connect to an App on the user's smart phone. We expect this new line to add significant growth in sales over the next 12 months as we prepare to launch the product later this year," added Chris Herrington.

About Herrington Teddy Bears:

The Company produces high quality plush teddy bears and toys in Asia. Revenue is generated through product sales to a portfolio of world-class brand clients through a corporate sales team, and to the domestic gift and toy market through an established independent sales representative network.  Product is delivered directly from Asia, through a distribution partner in Garden Grove, California, or directly from the Company's production headquarters in Irvine, California. 

Safe Harbor Statement

The statements contained herein which are not historical are forward- looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time.