K-Tel launched Impact as an extra outlet to issue mainly specific-artist compilations but also put out various artist issues as well. I don't think K-Tel in Australia had any real idea what they were using the Impact label for, much less why they launched it... probably explains why it didn't last all that long.
I didn't want to say it IS K-Tel because all my evidence is circumstantial. (record style, number, company address etc.)
Check out the thread on K-Tel labels in the "Forums" section for more discussion. Imperial House was one of the labels I originally mentioned.
It appears to be, because it IS! K-Tel "recycled" their Majestic crown device for the purpose of this label. Note also the NU- prefix.
That track, B9, unless I miss my guess, Bobby Sherman also recorded this for the Metromedia label(give me a minute and I'll check)..... Nope! Wrong song! Sherman's was "La La(If I Had You)" penned by David Janssen.