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Ever-Glory Strengthens Working Relationship with CAbi

Add: 2008   Update: 2009/03/21

NANJING, China, March 26 /Xinhua-PRNewswire-FirstCall/ -- Ever-Glory International Group, Inc. (OTC Bulletin Board: EVGY) ('Ever-Glory,' the 'Company'), a leading apparel manufacturer in the People's Republic of China ('PRC'), today announced it has received production orders valued at about $2.5 million from CAbi, Carol Anderson by invitation, during the first quarter of 2008.

The new production order mainly consists of women's casual wear for the fall fashion season and will serve as part of CAbi's supply to the U.S. market in 2008.

Ever-Glory has collaborated with CAbi since 2006. During the 2007 fiscal year, CAbi placed orders valued at $2.0 million.

'We are pleased to further strengthen our working relationship with CAbi,' said Mr. Yihua Kang, Chairman and Chief Executive Officer of Ever-Glory. 'Our increased production capacity and emphasis on quality control are bolstering clients' confidence in our services, and that increased confidence is leading to growth in order volume. We look forward to leveraging our manufacturing and design capabilities to expand our solid customer base.'

About CAbi

Carol Anderson by invitation (CAbi) was created in 2001 as a direct sales company offering exclusive custom-designed clothing sold only in homes. Trained consultants provide for the personal needs of each customer in the privacy and convenience of a relaxed home setting. Originally housed in her garage in Burbank, Calif., designer Carol Anderson has garnered a loyal following in the fashion world for more than 25 years.

About Ever-Glory International Group, Inc.

Ever-Glory International Group (OTC Bulletin Board: EVGY) is a U.S. publicly-traded company engaged in international garment manufacturing for well-known middle- to high-grade casual, outer, and sportswear brands. The Company has its U.S. headquarters in Los Angeles, California, and conducts its operations through three subsidiaries, Goldenway Nanjing Garments Co. Ltd., Nanjing New-Tailun Garments Co, Ltd. and Nanjing Catch-Luck Garments Co., Ltd. Ever-Glory has strategic business partners in countries including China, Japan, Europe and the U.S. The Company produces for branded retail chains that are widely known in their respective markets. In 2007, 57% of the company's total sales revenue came from customers in Europe, 16% from Japan, 21% from the United States and 6% from within China. For more information about Ever-Glory International Group, please visit: http://www.everglorygroup.com .

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: This press release contains certain 'forward-looking statements,' as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management's current expectations. Such factors include, but are not limited to the company's ability to accurately complete product orders, coordinate product design with its customers, ability to expand and grow its distribution channels, political and economic factors in the People's Republic of China, the company's ability to find attractive acquisition candidates and/or joint venture partners, the performance of third parties with whom the company does business, dependence on a limited number of larger customers and other factors detailed from time to time in the Company's filings with the United States Securities and Exchange Commission and other regulatory authorities. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Ever-Glory International Group, Inc.

Source: PR Newswire (March 26, 2008 - 8:02 AM EDT)

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