NEW YORK, Sept. 8, 2010 (GLOBE NEWSWIRE) -- Total Apparel Group, Inc. ("TAG" or the "Company") (Pink Sheets:TLAG), a licensing, merchandising and distribution company focused on bringing national and international brands to the North American marketplace, announced today that it has completed its audit process and filed its audited financial statements for the years ended December 31, 2008 and December 31, 2009, and the six month period ended June 30, 2010 with the SEC.
Concurrent with this action, the Company filed a registration statement on Form 10 with the SEC, with the ultimate goal of having the Company's stock quoted on the Over-the-Counter Bulletin Board.
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About Total Apparel Group, Inc.
Total Apparel Group, Inc. (Pink Sheets:TLAG) () is a licensing, distribution and merchandising company focused on bringing national and international brands to the North American marketplace through strategic licensing and distribution agreements with partners who have existing brand recognition and the ability to develop, design and manufacture products. TAG is currently a licensing and distribution partner for several internationally known lifestyle apparel, shoe and accessory brands, specifically, Kappa™, FIFA™ and FIFA World Cup™.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and relate to future events, including, without limitation, our future financial performance. These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Such forward-looking statements may be identified by terminology such as "intend," "should," "expect," "may," "plan," "anticipate," "believe," "estimate," "project" or "predict," and the negative and variations of such words and comparable terminology. You should not place undue reliance on these forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond our control. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions. Except as required by applicable law, we assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons why actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
CONTACT: Cirrus Financial Communications, LLC Justin K. Davis (877) 640-TLAG (8524) Justin.Davis@cirrusfc.com www.cirrusfc.com