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July
17, 2006 |
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Volume
VII, Issue 56 |
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Home Page : www.otcjournal.com
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Sub-Urban At
Virgin W/Mash Generation |
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Virgin Records and Virgin
Airlines have catapulted Richard Branson, the gentleman you see pictured
here, to worldwide fame. Billionaire Branson got that way by being trendy-
both his music stores and his airlines have made him super wealthy and
super high profile. He is leading edge in everything he does.
Branson does not own Virgin Records
anymore, but he started it from a basement in London, and sold it in 1992
to Thorn EMI for $1 billion. He used the money to launch several more brands,
now estimated to be worth about $5 billion.
Virgin Records has a number of
Superstores - five to be exact, and they will all be carrying the new
Mash
Culture line from Sub-Urban brands. The five flagship
Virgin Megastores are located in Times Square, San Francisco, Orlando
(in Disney World), Chicago (Michigan Avenue) and in Hollywood.
If you haven't seen the 2 minute
video that really represents the theme of this company, I suggest you do
so. Click
here, and it should just play on your computer.
Despite laboring through the worst
market conditions imaginable, SUUB continues to be stalwart holding
up above the $.44 SSL. The longer the stock hangs in here around
the 61.8% retracement level, the more likely a rebound is in the cards.
In light of the momentum the company
appears to have, it seems like no one is too anxious to liquidate. Perhaps
a little buy side volume will get this one rolling to the upside again.
Here is the complete text of today's
release for your review:
| Press Release Source:
Sub-Urban Brands, Inc.
Sub-Urban Executes
Milestone Order from Virgin Megastores to Retail Mash Culture Lab Brand
at Five National Flagship Stores
Monday July 17, 4:37 pm
ET
Deal Reflects Sub-Urban's Fast-Growing
Visibility with Music Fans in Country's Most Influential Markets
LOS ANGELES--(BUSINESS
WIRE)--July 17, 2006--Sub-Urban Brands, Inc. (OTCBB:SUUB - News), a multi-brand
apparel company pursuing revenue growth in the global fashion industry,
has secured a milestone order to retail its Mash Culture Lab(TM) at five
flagship Virgin Megastores, including the Times Square location in New
York, the largest entertainment store in the world. Other participating
locations include Virgin Megastores in San Francisco, Orlando (in Disney
World), Chicago (Michigan Avenue) and at the famed Hollywood and Highland
store in Hollywood, California.
Mash Culture Lab, a brand
concept conceived in pop music culture, finds an ideal, highly-targeted
launching pad at Virgin Megastores, a trendsetting retail chain with worldwide
brand recognition. The order amplifies MCL's visibility with music fans
in the country's most influential markets and further validates Sub-Urban's
multi-brand strategy to create a diversified brand portfolio aimed at maximizing
revenue potential while maintaining strong brand appeal for each consumer
base.
Virgin Megastores is
a worldwide chain of entertainment stores specializing in various record
releases, video games, books, DVDs, electronics and trendsetting clothing.
Established by audacious entrepreneur Richard Branson, the Megastores set
trends in the entertainment industry around the world and often host first-ever
in store appearances by artists like Eminem, 'NSync and Nine Inch Nails.
"All of our brands have
their roots in the rock and hip hop musical genres," said Joseph Shortal,
Chief Executive Officer of Sub-Urban. "The Virgin Megastores provide us
with an ideal location to distribute our new Mash Culture Lab clothing
line. We are confident that Virgin customers will embrace it and continue
to raise visibility in the country's largest and most influential markets."
This milestone order
comes on the heels of Sub Urban's cross-promotional partnership with hit
maker EMI/Capital Records, the world's largest independent music company.
As part of the agreement, Sub-Urban's MCL(TM) garments will carry a digital
hangtag with free musical downloads from musicians such as rock artist
Hedley and urban star Chingy's upcoming album.
Mash Culture Lab(TM)
(MCL) is a brand concept derived from today's most significant cultural
youth movement. "Mash Culture" is the result of technological innovations
that allow today's youth to combine previously disparate cultural movements
like Hip Hop and Rock to create unique sounds, videos, automobiles and
even customized clothing. Sub-Urban has positioned MCL on the cutting-edge
of that movement, as it executes yet another strategic initiative that
targets mainstream youth.
Sub-Urban's provocative
brands have been widely featured in high-profile fashion magazines, online
publications and news media. The Company is committed to aggressive appreciation
through organic and acquisitioned growth, including the purchase of additional
trademarked apparel and accessory lines.
About Sub-Urban Brands
Sub-Urban Brands, Inc.
is a multi-brand company which designs and markets cutting-edge lifestyle
apparel that targets the rapidly-growing multibillion-dollar youth consumer
marketplace. The Company pursues robust revenue-generating opportunities
within multi-tiered retail markets that leverage multiple brands and market
segments to create financial success. Sub-Urban is committed to further
expansion and increased shareholder value through both the internal development
of intellectual property and acquisition of additional brands, as well
as to the establishment of new international marketing alliances that will
reinforce its recurring and non-recurring revenue streams. Inspired by
the energy and vigor of youth, urban and music culture, Sub-Urban is initially
focused on creating a family of non-competing brands for its key target
consumer, an estimated 40 million 15-29 year olds. Sub-Urban's current
portfolio of trademarked apparel and accessory brands includes WHITEBOY®
for Men, WHITEBOY® for Juniors and BLACK JESUS® streetwear apparel
and PYT styles for younger girls. Consistent with the company's high growth
strategies, the Company will be actively marketing these brand offerings
to Japan, Canada, Australia and 25 European countries. For additional information,
please visit www.whiteboy.com. For more investor oriented information about
Sub-Urban, visit http://www.trilogy-capital.com/tcp/sub-urban/. For current
stock price quotes and news, visit http://www.trilogy-capital.com/tcp/sub-urban/quote.html.
To view an Investor Fact Sheet, visit http://www.trilogy-capital.com/tcp/sub-urban/factsheet.html.
To view a promotional
video which features personal celebrity endorsements that include Rocker
Tommy Lee and Academy Award-winning actor Don Cheadle, please visit http://www.trilogy-capital.com/tcp/sub-urban/promo.html.
Forward-Looking Statements
This press release includes
statements that may constitute forward-looking statements, usually containing
the words "believe," "estimate," "project," "expect," or similar expressions.
These statements are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Forward-looking statements
inherently involve risks and uncertainties that could cause actual results
to differ materially from the forward-looking statements. Factors that
would cause or contribute to such differences include, but are not limited
to, continued acceptance of the Company's products and services in the
marketplace, competitive factors, dependence upon third-party vendors,
availability of capital and other risks detailed in the Company's periodic
report filings with the Securities and Exchange Commission. By making these
forward-looking statements, the Company undertakes no obligation to update
these statements for revisions or changes after the date of this release.
MULTIMEDIA AVAILABLE:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5189537
Contact:
Sub-Urban Brands, Inc.
Media and Public Relations:
Caroline Rothwell, 323-781-2276
or
Financial Communications:
Trilogy Capital Partners
Paul Karon, 800-592-6067
paul@trilogy-capital.com
Source: Sub-Urban Brands,
Inc. |
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