June 18, 2004
NEW YORK -- Billy Martin’s USA Inc. (OTC Pink Sheets, Symbol
BLYM) – the 25 year old retail company known for its apparel
products with a “western twist” – has announced
the termination of its license agreement with Wyler Team International,
a manufacturing facility with factories in Taiwan and China.
“Our company is now free to fully license our trademark rights
for development of wholesale apparel products and accessories, consistent
with our American theme and western-lifestyle positioning”, said
CEO Doug Newton, who co-founded the business with former NY Yankee manager,
Billy Martin, in 1978.
Newton said a press release of the Wyler termination will be distributed
to the news media during the week of June 21, 2004, to coincide with
additional news that BLYM has declared a 12 for one forward stock split,
effective to shareholders of record as of June 9, 2004.
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Contact: Doug Newton, CEO
www.BillyMartin.com or doug@billymartin.com or
phone:
212-861-3100 or 760-324-6834