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Ever-Glory Files Application for Amex Listing

Add: 2008   Update: 2009/03/21

NANJING, China, March 31 /Xinhua-PRNewswire-FirstCall/ -- International Group, Inc. (OTC Bulletin Board: EVGY) (',' the 'Company'), a leading apparel manufacturer in the People's Republic of China ('PRC'), today announced it has applied for listing approval on the American Stock Exchange ('AMEX').

 

'This application is a significant milestone for our company, and we are committed to working diligently with the American Stock Exchange to meet all of the listing requirements,' said Mr. Yihua Kang, Chairman and Chief Executive Officer of . 'AMEX is a well-respected senior exchange, and we expect this listing will increase our visibility and trading volume, as well as bring new investors to our Company.'

 

About International Group, Inc.

 

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's U.S. headquarters is in Los Angeles, California, although also has 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 cooperates with 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 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 International Group, Inc.

 

 

 

Source: PR Newswire (March 31, 2008 - 8:00 AM EDT)

 

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