APPM Apparel Manufacturing Associates Inc (CE)

Apparel Manufacturing Associates, Inc., Pink Sheets: APPM, announced yesterday that the restructuring of the corporation has been completed. With a total of more than 40 years of combined experience in all sectors of the fashion industry both in Europe and the United States, the corporation presents itself under new and dynamic management. The new management looks forward to firmly establishing the corporation in the highly demanding and fast moving fashion sector. The team of highly creative designers will be working together with highly experienced production and management specialists world-wide to provide a solid foundation for long-term success and growth. Statements in this release, which relate to other than strictly historical facts, including statements about the Company's plans and strategies, as well as management's expectations about new and existing products, technologies and opportunities, market growth, demand for acceptance of new and existing products, are forward-looking statements. The words "believe", "expect", "anticipate", "estimate", "project", and similar expressions identify forward-looking statements that speak only as of the date hereof. This press release contains certain forward-looking statements regarding APPM, its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause APPM's actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by APPM in this news release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect APPM's business.