CoolBrands extends Skinny Cow agreement

CoolBrands International Inc announced that as a result of the acquisition of Silhouette Brands Inc by Dreyer’s Grand Ice Cream Inc, the CoolBrands manufacturing agreement for Skinny Cow frozen dessert products has automatically been extended to August 2011. The agreement also provides that CoolBrands has a first right of refusal to manufacture new Skinny Cow products.

As a result of the extended manufacturing relationship between CoolBrands and Dreyer’s on the Skinny Cow brand, CoolBrands and Dreyer’s have begun discussions on further potential licensing and manufacturing relationships with respect to the Skinny Cow brand, as well as certain other Dreyer’s brands.