I to have a Clarissa Guitar, semi accoustic roundback cutaway, in plain WHITE! It was purchased from The Carlsbro Centre (Now long since gone)in Mansfield, Nottinghamshire, UK. It cost well over £200.00 quid and that was around 20 years ago, so they weren't cheap by any means! That said, the action is a little high, but I like it that way, come to think of it it's the only brand new guitar I've ever bought!
They are very similar to Ovations, as noted by other subscribers. They did a twelve string version as well, saw one on Ebay the other month (Dec 07) only went for around £55.00 quid.
So much for aprechiation in value!