Academy Awards® for the outstanding film achievements of 2002 will be presented on Sunday, March 23, 2003, at the Kodak Theatre in Hollywood, and televised live by the ABC Television Network beginning at 8:30 p.m. EST.

"I am very proud and pleased to be associated with the Oscars® this year," remarked Hana Zalzal, founder and President of CARGO. "I created the CARGO cosmetics line in consultation with several of the movie industry's most respected make-up professionals. Our products are a staple on the sets of many motion pictures, and many have become celebrity favorites. The selection of CARGO by the Academy® for inclusion in the official gift baskets is a great fit for our brand, and truly a compliment to the quality of our cosmetics."

The presenters and performers at the 75th Academy Awards® will receive a gorgeous sterling silver plated gift box filled with a generous selection of CARGO's professional cosmetics. The "star" product of the stars' CARGO gift is a brand new item that is not even available in stores yet: the CARGO+care(TM) HydraTint(TM), a unique new conditioning lip product enriched with avocado oil, Vitamin E and aloe vera, and infused with luscious, sheer color. In addition to the HydraTint(TM), the assortment of cosmetics includes the company's famous lip glosses, lipsticks, blushes, eye shadows, lip and eye pencils, mascara, bronzers, ColorTubes(TM), and a selection of CARGO's coveted make-up brushes. Packaged together, CARGO's "Red Carpet Kit" of beautiful, wearable cosmetics has a retail value of over $600.

CARGO founder Hana Zalzal created her company in Toronto in 1995 with the mandate to develop products of uncompromising and unparalleled quality. This commitment to quality quickly established CARGO as a brand of choice "behind the scenes" by the pros -- and a favorite among their celebrity clientele. The CARGO line was launched to the public in 1996, and is available in the United States at select Sephora locations and various independent retailers such as Brownes & Co. Apothecary and Rouge; by visiting Sephora.com and Beauty.com; or via Sephora's toll-free number (1-877-SEPHORA).

The CARGO line comprises 40 lipsticks; 10 celebrity artist lipsticks; 38 eye shadows; 12 blushes; 8 lip and 3 eye pencils; 4 crayon-style lip sticks; 1 reversible lip liner; 3 bronzing powders; 14 lip glosses; 4 mascaras; 5 ColorTubes for eyes, cheeks and lips; 7 liquid foundations; 10 wet/dry powder foundations; 5 loose powders; 5 pressed powders; 3 concealers; 16 make-up brushes; 5 CARGO+care(TM) HydraTints(TM) and 1 CARGO+care(TM) Lip Base(TM).For more information on CARGO Cosmetics, visit www.cargocosmetics.com.