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Lyric Jeans and EMI Music Publishing Join Forces for Luxury Apparel Line Thursday August 10, 6:30 am ET
LOS ANGELES, CA--(MARKET WIRE)--Aug 10, 2006 -- Lyric Jeans, Inc. (Other OTC:LYJN.PK - News), a cutting-edge premium clothing company, has entered into a licensing agreement with EMI Music Publishing, the world's largest and most creative music publisher. As part of the deal, Lyric Jeans will use the publisher's extensive catalog as inspiration for the lyric-driven premium denim wear. Songs in the catalogue include such hits as, "Rebel, Rebel," "Daydream Believer," "Stop in the Name of Love," "What's Goin On" and "Material Girl."
ADVERTISEMENT "The timeless words of these songs have touched and influenced so many people for decades. We are honored to be able to offer millions of fans around the world the opportunity to make a fashion statement by wearing apparel inspired by some of the greatest songwriters of all time," said Hanna Rochelle Schmieder, President of Lyric Jeans. "EMI Music Publishing has a tremendous music catalog and we're excited to be working with them to create new revenue streams for their songwriters," she continued.
Robert Flax, President of EMI Music Publishing U.S., commented: "We're delighted to be involved with Lyric Jeans. We have a very proactive approach to licensing our catalog. In today's world, a great publisher has to become a global agent for their songwriters' property in many new arenas. EMI Music Publishing is constantly searching for new mediums to utilize its incredible compositions. Lyric Jeans is an exciting, high quality concept and we are happy to be involved in this venture."
Lyric Jeans is a music-driven premium clothing line involving lyrical content on jeans, denim wear and accessories. Each pair of jeans reflects the personality, style and flare of the artist and song through its design. With the vision of fusing the world of music with fashion, Lyric Jeans employs a cutting-edge design strategy allowing consumers to express themselves stylishly through song lyrics.
The premium denim market has grown in the last five years by tapping into the enthusiastic behavior of teens and young women seeking the perfect pair of jeans. Over the last few years, the premium denim industry has exploded and now accounts for 5% of the $12 billion retail consumer market.
About Lyric Jeans
Lyric Jeans is the innovator and manufacturer of premium denim wear characterized by a cutting-edge design strategy driven by music and song lyrics. Through the unique fusion of fashion and music, Lyric Jeans utilizes titles from all genres of music as inspiration for the brand, thereby appealing to a cross-section of various tastes and interests and enabling it to market its products on a worldwide platform. The company's strength is in its relationships with the music industry and its ability to access the Hollywood community, tastemakers and trend-setters. www.lyricjeans.com
About EMI Music Publishing
EMI Music Publishing is the world's most creative music publisher with more than one million copyrights including some of the best known songs ever written: "New York, New York," "Over The Rainbow" and "Singin' In The Rain." Its current hit-making writers and producers include: Arctic Monkeys, Black Eyed Peas, Natasha Bedingfield, James Blunt, Kelly Clarkson, Daddy Yankee, Jermaine Dupri, Eminem, Enya, Gorillaz, Jay-Z, Alicia Keys, Daniel Powter, Eros Ramazzotti, Kanye West and Pharrell Williams. www.emimusicpub.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.
Contact:
Lyric Jeans Media Contact: Publicity*LyricJeans.com 310.860.0952
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