Message #17 From:
NewsBot Date: December 20, 2005 03:00:00 AM
BLHL News Blue Holdings, Inc. Announces NASDAQ Capital Market Filing
COMMERCE, Calif.--(BUSINESS WIRE)--Dec. 20, 2005--Blue Holdings, Inc. (OTCBB:BLHL), a designer, manufacturer and distributor of high-end fashion jeans and denim apparel, today announced that it has filed an application to list its Company's common shares on the NASDAQ Capital Market (the former NASDAQ Small Cap Market). NASDAQ's review process is thorough and may take an extended period of time before completion. While the Company believes that it will satisfy all of NASDAQ's requirements for initial listing, no assurance can be given that its application will be approved.
In an effort to meet the necessary requirements, Blue Holdings, Inc. recently added two additional independent members to its Board of Directors. The additions were effective December 16, 2005.
About Blue Holdings, Inc.
Blue Holdings, Inc., directly and through its wholly owned subsidiary, Antik Denim, LLC, designs, develops, manufactures, markets, distributes and sells high-end fashion jeans, apparel, and accessories with a western flair under the "Antik Denim," "Yanuk," "Taverniti So," and "U" brands, both in the United States and internationally. Blue Holdings currently sells men's and women's styles and is in the process of launching a children's line. Antik Denim, Yanuk, Taverniti So, and U jeans are made from high-quality fabrics milled in the United States, Japan, Italy and Spain, and are processed with cutting-edge treatments and finishes. Blue Holdings' concepts, designs, embellishments, patent-pending pockets and great attention to detail and quality give it a competitive advantage in the high-end fashion jeans market.
Forward-Looking Statements
Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements contained in this press release include statements related to Blue Holdings' belief that NASDAQ will approve its application for listing. Forward-looking statements are inherently unreliable and actual results may differ materially. Factors which could cause actual results to differ materially from these forward-looking statements include such factors as may be detailed from time to time in Blue Holdings' filings with the United States Securities and Exchange Commission. Blue Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
