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Shareholders Attend Annual Meeting of Billy Martin's USA, Inc.

LOS ANGELES, CA--(MARKET WIRE)--Oct 3, 2006 -- The Annual meeting of the Stockholders of Billy Martin's USA, Inc. (Other OTC:BLYM.PK - News) was held at the company's retail boutique at 8605 and 8611 Sunset Blvd. in Los Angeles, on Saturday, Sept. 30, 2006.

Following a proxy and newsletter sent to BLYM shareholders on Aug. 31, 2006, the meeting was held to elect one (1) member to the company's Board of Directors; to approve an amendment to increase the company's common and preferred stock authorization to ten billion and thirty million shares, respectively; and to transact other business as may properly come before the meeting.

According to CEO Doug Newton, all proposals submitted and recommended were approved by a majority of shareholders. Newton was also elected to serve as CEO and Director of the company for the coming year. It will be the 30th year that Newton has been at the helm of the business, since the original Billy Martin's western lifestyle boutique was co-founded by him in York City in 1978. Newton said, "The significant increase in the authorized shares will give us the wherewithal to act on possible merger and acquisition opportunities which may be in our future."

At the meeting, shareholders were treated to a tour of the company's retail and wholesale operations, including a sneak-preview of some of the fashion designs being developed by Janie Bryant, Emmy-award winning costume designer of the HBO "Deadwood" TV series. In fact, one of the company's new "Deadwood" "poker" vests was featured this month in a fashion article in True West magazine about modern day gaming attire.

Also attending the meeting was Lorenzo dalla Vedova representing the well-known Italian boot designer, Valerio Giuntoli whose products are sold worldwide, http://www.elvaquero.it/index.htm. Lorenzo discussed Valerio's inspiration for the new high-fashion boot designs which will carry the Billy Martin's and HBO "Deadwood" brand names. The boots will include four styles for women and two for men.

Shareholder Michael Pou, of San Dimas, CA, and others attending the meeting encouraged the company to proactively expand its revenue base via wholesaling Billy Martin branded products outside the US, and by opening up new retail outposts in select worldwide markets.

Pou said, "Given the appeal of authentic American fashions and true American brand names, the company should consider expanding to certain non-western locales, especially Russia, China and Japan." Newton said, "This certainly has been a goal of ours and we look forward to moving in that direction."

About Billy Martin's USA

http://www.billymartin.com

With a 28-year-old brand name, Billy Martin operates in a growing specialty niche market -- western lifestyle -- and provides appealing and innovative products that reflect the American culture and way of life.

This press release may contain forward-looking statements within the meaning of the Private Litigation Reform Act of 1995. Such forward-looking statements, particularly as related to the business plans of Billy Martin's, Inc. to gain market acceptance, are based on current expectations that involve a number of risks and uncertainties. Actual results may differ materially from the company's expectations and estimates. Investing involves a high degree of risk. Always consult with an investment professional prior to investing.

 




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