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| Home > Press Releases > “Billy Martin's in Licensing Talks for American-Made Apparel Line.” |
   
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| Billy Martin's in Licensing Talks for American-Made Apparel Line LOS ANGELES , Feb. 7, 2005 (PRIMEZONE) -- Billy Martin's USA, Inc. (Other OTC:BLYM.PK - News), the 26-year-old retail company known for its apparel products with a ``western twist,'' is negotiating a major licensing deal with a major U.S. apparel maker, it was confirmed today by Doug Newton, CEO of the company. Newton said, “We are putting the final touches on a long-term, comprehensive license deal with a premier American-based company which has the resources not only to produce our Billy Martin's apparel products in the USA, but to market them aggressively and efficiently throughout the world.” “We are not at liberty to name our prospective licensing partner until the agreement is a done deal,” said Newton, “but we anticipate completion of the deal by mid February, 2005. In addition to denim products, the multi-year license would include other sportswear, outerwear and accessory products, all carrying a flavor or hint of our American and western roots.” “Being affiliated with this new licensing partner will permit us to develop great apparel products at competitive prices, but just as important, it will give us the chance to use not one, but two trademarks which we actually own to describe our goods -- ‘Billy Martin’s’ and ‘Born & Bred in the USA’.” Statements about the company’s future expectations, including future revenues and earnings, and all other statements in this news release other than historical facts are “forward-looking statements.” Since these statements involve risks and uncertainties and are subject to change at any time, the company’s actual results may differ materially from the company’s plans if its assumptions prove to be incorrect, or, for a variety of other reasons. Billy Martin’s USA, Inc. is not a reporting company registered under the Securities Act of 1934. Shares of its stock trade under the symbol “BLYM”. Billy Martin's USA, Inc. Source: Billy Martin's USA, Inc. |
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