President's Letter Welcome BING Teddy Bear Collectors, Our commitment to our esteemed teddy bear lovers is to maintain and increase steadily the value of our CLASSIC COLLECTION and MASTER EDITIONS by making the BING teddy bears rare specimens and not endangering them with high editions. After all, they are handcrafted and require qualified toy makers. Our teddy bears are not only beautiful collectibles but also an investment, and as such a very valuable item. Our policy is to never upset the market by flooding it with too many editions. We may even take the liberty to close some editions – not to be reopened until there is a demand for these particular items. This way the retail stores enjoy a steady turnover for our Teddy Bears. We feel responsible for each BING teddy bear we create to place him in a home where he is welcomed and does not have to fight for a nice place among the other bears. Eric M. Kluge President Gebr BING