APPM Apparel Manufacturing Associates Inc (CE)

Apparel Manufacturing Associates, Inc., Pink Sheets: APPM, announced today that the licensing agreement with a UK fashion company is in the final stages of negotiations. Further the corporation announced that the process of opening retail outlets in the fashion centers of Milan and Rome, both Italy, as well as several Eastern European hot spots is progressing as planned. Statements in this release, which relate to other than strictly historical facts, including statements about the Company's plans and strategies, as well as management's expectations about new and existing products, technologies and opportunities, market growth, demand for acceptance of new and existing products, are forward-looking statements. The words "believe", "expect", "anticipate", "estimate", "project", and similar expressions identify forward-looking statements that speak only as of the date hereof. This press release contains certain forward-looking statements regarding APPM, its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause APPM's actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by APPM in this news release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect APPM's business.