Lyric Jeans, Inc. Corporate Update
18 March 2010 - 10:04AM
Marketwired
Lyric Jeans, Inc. (PINKSHEETS: LYJN) is pleased to provide its
shareholders with a corporate update reviewing the company's
advancements over the last 12 months.
- Lyric Jeans, Inc. expanded its Lyric Culture brand to include
men's and toddler's apparel which was distributed at Bloomingdale's
and specialty boutiques internationally.
- Set up Lyric Culture branded "shop in shops" at Bloomingdale's
nationwide.
- Presented launch events at Bloomingdale's in Miami and Los
Angeles as well as an album release party for Rob Thomas in New
York.
- Collaborated with iTunes and Bob Dylan for the promotion of his
album "Together Through Life."
- Shipped the Lyric Culture women's collection to Nordstrom.
- Launched its LYRIX brand for girls ages 7-16 at Target,
shipping 200,000 units
- Distributed its Lyric Generation label at Hot Topic.
The company continues to garner celebrity and media attention.
Over the last year the company's products have been worn by Halle
Berry, Tori Spelling, Brad Paisley, Katherine McPhee, Denise
Richards and countless others. The company has been featured in
television segments on ABC's "The View," FOX's "Good Day L.A." and
"Good Day NY," NBC and E! News. Editorial coverage included USA
Today, People Magazine, Us Weekly, Newsday and more.
About Lyric
Culture Lyric Culture is a music-driven premium lifestyle
brand involving lyrical content on denim wear, t-shirts, cashmere
and accessories. Lyric Culture allows the wearer to express
themselves through the words of their favorite song -- a modern
twist to wearing your heart on your sleeve. The company has
licensing deals with the largest music publishing companies in the
world including Warner Chappell, EMI, Universal, Sony/ATV and
Disney Music Publishing to name a few and has secured the rights to
utilize lyrics made famous by The Beatles, The Rolling Stones,
Janis Joplin, David Bowie, Marvin Gaye, Bob Dylan, Fleetwood Mac
and many more. Lyric Culture is currently distributed at
Bloomingdale's, Nordstrom and specialty boutiques in the United
States as well as in Australia, Germany, Austria, Switzerland,
Canada and the United Kingdom. www.LyricCulture.com
Included in this release are certain "forward-looking"
statements, involving risks and uncertainties, which are covered by
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995, including statements regarding Lyric Jeans Inc.
Such statements are based on management's current expectations and
are subject to certain factors, risks and uncertainties that may
cause actual results, events and performance to differ materially
from those referred to or implied by such statements. In addition,
actual or future results may differ materially from those
anticipated depending on a variety of factors, including continued
maintenance of favorable license arrangements, success of market
research identifying new product opportunities, successful
introduction of new products, continued product innovation, sales
and earnings growth, ability to attract and retain key personnel,
and general economic conditions affecting consumer spending,
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof.
Lyric Jeans Inc. does not intend to update any of the
forward-looking statements after the date of this release to
conform these statements to actual results or to changes in its
expectations, except as may be required by law.
Safe Harbor: This release includes forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and
Section 27E of the Securities Act of 1934. Statements contained in
this release that are not historical facts may be deemed to be
forward-looking statements. Investors are cautioned that
forward-looking statements are inherently uncertain. Actual
performance and results may differ materially from that projected
or suggested herein due to certain risks and uncertainties
including, without limitation, ability to obtain financing and
regulatory and shareholder approvals for anticipated actions.
Lyric Jeans Media Contact: Email Contact
Lyric Jeans (CE) (USOTC:LYJN)
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