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       Billy 
        Martin's USA, Inc. Completes Acquisition 
        of Billy Martin's Western Wear, LA, Inc. 
         
        HOLLYWOOD, Nov 14, 2001 
         
        Billy Martin's USA, Inc. (BMTN) today announced that it has completed 
        its acquisition of Billy Martin's Western Wear, LA, Inc., an upscale retailer 
        of fashion-forward, western-inspired products, including apparel, boots, 
        buckles and related "western lifestyle" merchandise. 
         
        Doug Newton, chief executive officer of BMTN, founded the original Billy 
        Martin's western store in New York, N.Y., along with Billy Martin, ex-manager 
        of the NY Yankees, in 1978. 
         
        "Billy said the idea to open the store was my idea," Newton 
        said, "but if we become a success, it will be his idea." 
         
        Commenting on the acquisition, Newton said interest in American and western-inspired 
        goods has reached a new level of popularity and importance in the country 
        today. 
         
        According to Newton the company has a two-part growth strategy: "Part 
        one is to extend the brand name to capture new revenue sources. This would 
        include a wholesale division, to serve specialty shops and mass merchandisers; 
        development of a broader portfolio of western-lifestyle experiences and 
        product offerings, including home decor, furnishings and fragrance items; 
        the licensing of a Billy Martin's Western Barbecue dining and food products 
        concept; 
        and an art division, whose products celebrate the beauty, natural resource 
        and history 
        of America. 
         
        "Part two of the strategy will be to make acquisitions and potentially 
        merge with other American companies consistent with our positioning. This 
        will provide us with marketing, manufacturing and distribution efficiencies 
        faster than we can achieve through organic development." 
         
        Newton said the company also hopes to benefit from its association with 
        many celebrities who have shopped at Billy Martin's over the years. 
         
        Newton also commented, "We own the domain name CelebrityOutfits.Com 
        and hope to use it to report news and fashion trends from our celebrity 
        customers. With our marketing plan -- 
        and given our relationship with many artisans, manufacturers, designers, 
        mom-and-pop operators, wholesalers and retailers in the 
        western-lifestyle category -- we hope to grow our business, increase market 
        share and 
        bottom-line profits for our shareholders. 
         
        "When you add in the growing appreciation for American and western-lifestyle 
        products in our country today, we believe we have a winning combination." 
         
         
         
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