SOURCE: Innovo Group Inc.

September 28, 2005 06:00 ET

Innovo Group to Hold Its Earnings Call for Its Third Quarter Fiscal 2005 Financial Results

LOS ANGELES, CA -- (MARKET WIRE) -- September 28, 2005 -- Innovo Group Inc. (NASDAQ: INNO) today announced that it plans to file its Quarterly Report on Form 10-Q for the third quarter of fiscal 2005 and issue a press release after the market closes on Tuesday, October 11, 2005 and also plans to conduct a conference call on the same day at 4:30 PM Eastern Time, featuring Jay Furrow, Chief Executive Officer, and Marc Crossman, Chief Financial Officer, to discuss the third quarter financial results.

Live audio of the conference call on Tuesday, October 11, 2005 will be available to members of the news media, investors and the general public. To access the live call, please dial (800) 901-5217 (U.S.) or (617) 786-2964 (international). The conference ID number and participant passcode is 49405137 and is entitled the "Q3 2005 Innovo Group Earnings Conference Call." The information provided on the teleconference is only accurate at the time of the conference call, and Innovo Group will take no responsibility for providing updated information. A telephone replay of the conference call will be available beginning at approximately 7:30 PM Eastern Time on October 11, 2005 until 11:59 PM Eastern Time on October 18, 2005 by dialing (888) 286-8010 (U.S) or (617) 801-6888 (international) and using the conference passcode 35967111. In addition, the conference call will be archived for one week on the Company's website at www.innovogroup.com from Tuesday, October 11, 2005 to Wednesday, October 19, 2005.

About Innovo Group Inc.

Innovo Group Inc., through its wholly owned subsidiaries Joe's Jeans, Inc. and Innovo Azteca Apparel, Inc., is a sales and marketing organization designing and selling branded and private label apparel consumer products through retailers and distributors in the domestic and international marketplaces. The company is headquartered in Los Angeles, California. More information is available at the company web site at www.innovogroup.com.

Statements in this news release which are not purely historical facts are forward-looking statements, including statements containing the words "believe," "estimate," "project," "expect" or similar expression. These statements are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are based upon information available to Innovo Group Inc. on the date of this release. Any forward-looking statement inherently involves 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 in the marketplace, particularly acceptance and near-term sales of the Company's brands such as indie™; successful implementation of its strategic plan; the extension or refinancing of its existing bank facility and the restrictions any such extension or refinancing could place on the company; the ability to obtain new financing from other financing sources; the ability to generate positive cash flow from operations and asset sales; competitive factors, including the possibility of major customers sourcing product overseas in competition with our products; dependence upon third-party vendors; a possible oversupply of denim in the marketplace; and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K, and amendments, for the year ended November 27, 2004. 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. Readers are cautioned not to place undue reliance on forward-looking statements.

Contact Information

  • Contact:
    Innovo Group, Inc.
    Shane Whalen
    323-278-6764