Ever-Glory International Group Inc.
OTC Bulletin Board : EGLY

Ever-Glory International Group Inc.

November 02, 2006 09:45 ET

Ever-Glory Records $5,600,000 in Production Orders From C&A for First Half of 2006

LOS ANGELES, CALIFORNIA--(CCNMatthews - Nov. 2, 2006) - Ever-Glory International Group (OTCBB:EGLY)(FWB:E4G) (WKN:A0HNH8), a multinational enterprise specializing in garment manufacturing and exports, has expanded the scope of its business in 2006, wherein the first half of the year, completed orders from a single customer, C&A, totaled a staggering US$5.6 Million.

C&A, a leading European fashion company, has placed multiple orders with Ever-Glory in the past and continues to do so. "We appreciate the business of C&A and are glad that we have put the necessary investments into Ever-Glory International Group to have the ability to fulfill large garment orders to the utmost of quality in a timely manner," stated Edward Kang, President and CEO of Ever-Glory.

Ever-Glory, an enterprise that has rapidly expanded in the last several years, has quietly continued to meet or exceed each growth milestone that has been set by company management and is in prime position for one of its next milestones, the launch of a new self-owned clothing brand. "We are driven to make Ever-Glory one of top garment manufacturers worldwide," stated Mr. Kang. "Taking into account the tremendous growth displayed by Ever-Glory, the long list of repeat internationally recognized customers, and our future schedule of projects and investments, I believe EGLY to be a solid investment opportunity for anyone."

About Ever-Glory International Group

Ever-Glory International Group (OTCBB:EGLY)(FWB:E4G) (WKN:A0HNH8) is a U.S. publicly-traded company engaged in international garment manufacturing for well-known middle to high-grade casual, outer, and sportswear brands. The company's U.S. headquarters is based in Los Angeles, CA, although Ever-Glory also owns a full subsidiary company, Nanjing Goldenway Garments Co. Ltd. located in China. Ever-Glory has strategic business partners in countries including China, Europe and the U.S. The Company cooperates with well-respected garment retailer chains such as ITOCHU, ABERCROMBIE & FITCH (ANF), SHINKO, DEBENHAMS, NEXT, OTTO, C&A, I.Y., etc. in handling high and middle grade casual-wear and sportswear. The company entered into production and sale cooperation agreements with a number of internationally famous brands such as MATALAN, EB, BEST-SELLER, BB DAKOTA, FAT FACE, LINDEX, and JUST JEANS, etc. The company employs about 700 people. At present, the market distribution is segmented as 35% in Japan, 50% in Europe and the 15% in United States.

For more information about Ever-Glory International Group, please visit: http://www.everglorygroup.com.

About C&A:

C&A is a leading European fashion company. Having opened the doors of its first store in 1861 as one of the few stores carrying ready-to-wear clothing, C&A has a long history in Europe. Currently it has 783 standard stores, 132 Kids Stores, and 17 Clockhouse shops throughout Europe and employs over 30,000 people. C&A's products lines offer the latest in fashion in wide selections and favorable prices.

For more information about C&A, please visit: www.c-and-a.com.

This press release contains certain "forward-looking statements", as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management's current expectations. Such factors are detailed from time to time in the Company's filings with the United States Securities and Exchange Commission and other regulatory authorities.

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