Gambino Apparel Group, Inc. Appoints Exclusive Master Distributor for Asian Markets
10 4월 2006 - 10:00PM
PR Newswire (US)
DEERFIELD BEACH, Fla., April 10 /PRNewswire-FirstCall/ -- Gambino
Apparel Group, Inc. (OTC:GBNG) announced today that it had signed a
Master Distributor Agreement with Techno Holding, Inc. of Boynton
Beach, FL granting Techno Holding exclusive representation of the
Gambino product line in major Asian markets. The agreement requires
the Master Distributor to maintain a minimum monthly purchase
volume of USD $250,000.00 during the first year. As part of its
marketing program, Techno Holdings plans to open three Gambino
Apparel specialty boutiques in Japan during the first year of the
Agreement, and to appoint several sub-distributors in other Asian
countries. The agreement excludes the countries of India, Indonesia
and The Philippines. "We are looking forward to utilizing Techno
Holding's extensive marketing channels in Asia to launch the
international distribution of our Gambino-trademarked products,
especially our signature 'Bullet Hole Jeans' line," said
Christopher J. Gambino, Company CEO and Principal Designer. The
Company is presently negotiating additional Master Distributor
Agreements for expansion into Eastern and Western Europe, the
United Kingdom, and South America. Gambino Apparel Group
specializes in trendy Brazilian-cut denim fashions, including its
signature line of "Bullet Hole Jeans" accented with Swarovski
crystals. The Company also designs and produces women's tops,
skirts and lingerie as well as men's shirts and jeans. Company
founder, CEO and principal designer Christopher J. Gambino will
serve as Chairman and CEO of the Company while Evelina M. Gambino
serves as Executive Designer. The company's fashion line will also
be featured in a series of nightclub promotions throughout the
United States hosted by actor Steven Bauer. A television
infomercial will begin airing in May in both Spanish and in English
and on June 1, 2006 a billboard in Times Square at Broadway and
45th Street will be unveiled. The Company website and
online-boutique can be found at http://www.gambinoapparel.com/.
Certain statements in this press release may contain
forward-looking information within the meaning of Rule 175 under
the Securities Act of 1933 and Rule 3b-6 under the Securities
Exchange Act of 1934, and are subject to the safe harbor created by
those rules, including, without limitation, statements regarding
potential future plans and objectives of the company, are
forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove accurate
and actual results and future events could differ materially from
those anticipated in such statements. Technical complications that
may arise could prevent the prompt implementation of any
strategically significant plan(s) outlined above. The company
cautions that these forward-looking statements are further
qualified by other factors. The company undertakes no obligation to
publicly update or revise any statements in this release, whether
as a result of new information, future events or otherwise.
DATASOURCE: Gambino Apparel Group, Inc. CONTACT: Christopher J.
Gambino of Gambino Apparel Group, Inc., +1-954-425-8787 Web site:
http://www.gambinoapparel.com/
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