SOURCE: Real American Brands, Inc.

March 04, 2011 15:25 ET

Billy Martin's Boutique Closing in NYC After 32 Years

NEW YORK, NY--(Marketwire - March 4, 2011) -  Doug Newton, CEO of Real American Brands, Inc. (PINKSHEETS: RLAB) and co-founder of the Billy Martin's western lifestyle boutique, owned by RLAB, announced today the company's decision to close its western store which has operated in New York City on an uninterrupted basis for the last 32 years. Newton said, "The closing is a result of several factors, but the bottom line is that our bottom line was not in the black." Newton said, "This does not mean we will not reopen in New York and/or other locales in the future. Our parent company continues to own all retail and wholesale licensing and franchise rights to the brand, plus a track record going back over three decades in which we can take great pride." 

Forward-Looking Statements
Statements about RLAB's future expectations, including future revenues and earnings, and all other statements in this news release other than historical facts are "forward-looking statements." Since these statements involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from the company's plans if its assumptions prove to be incorrect or for a variety of other reasons.

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