SOURCE: Lyric Jeans, Inc.

July 05, 2006 17:56 ET

Lyric Jeans, Inc. Announces Market Advisors Independent Report

HOLLYWOOD, FL -- (MARKET WIRE) -- July 5, 2006 -- Lyric Jeans, Inc. (PINKSHEETS: LYJN) announces that Market Advisors Research has issued the following report.

NEWS FLASH: The manufacturing of denim jeans has become a worldwide industry. It supports a variety of styles, colors, designers, fashions and accessories with the notion of jeans as a symbol of comfort, leisure, work wear and youthful status replacing jeans as work wear. Innovation in the jean market has been rare of late until now. Lyric Jeans is changing that bringing together music and fashion in a really groundbreaking way.

The goal of Lyric Jeans, Inc. is to expand into all the large market areas, such as New York, Miami and Los Angeles, and then globally in places like London and Tokyo.

Lyric Jeans, Inc.

(LYJN.PK)

Investment Highlights

--  Entered into licensing agreements with Warner Chappell Music and
    Universal Music Publishing giving Lyric Jeans access to select songs from
    their award-winning catalogs
--  According to NPD Group, a research firm, denim sales reached $15.3
    billion in 2005 which is a huge jump over the past few prior years
--  Denim jeans remain one of the fastest-growing apparel product
    categories with sales robust among consumers of all ages
    
The Lyric Jeans story is one of the most compelling in the clothing sector, and we are initiating coverage with an intermediate target of $1.05.

Lyric Jeans reports that Market Advisors issued a report about Lyric Jeans, Inc. and this is what they had to say.

Lyric Jeans, Inc. is in the business of designing, manufacturing and distributing a music-inspired clothing line involving lyrical content on jeans, denim wear and accessories. Each pair of their jeans reflects the personality, style and flair of the recording artist and song through its design. This exciting, high-energy, and innovative vision is fusing the world of music with fashion, employing cutting-edge design strategy allowing customers to express themselves stylishly through song lyrics. People around the globe love denim. It has become symbolic of a casual lifestyle for everyone. Denim is affordable, very comfortable and durable, and offers variety of styles and color. Lifestyle trends with casual dressing have always been beneficial to this industry. Demographics have played a major role and are really in denim's favor. People have grown up in denim, and we now see a younger group that is totally embedded in this form of clothing. Baby boomers love their denim. In fact, when consumers were asked which they prefer to wear, 67% of the people surveyed chose denim jeans over casual slacks. 85% reported they definitely see other types of jeans in their future.

Lyric Jeans, Inc. has developed a comprehensive business plan to accelerate product research and development. Additionally, the company intends to make investors aware of its message, products and services through an aggressive growth strategy that should enable Lyric Jeans to become a leading producer of high-end designer jeans. The average American now owns more than 7 pairs of jeans, up slightly from a few years ago. This trend shows no slowing down and remains as much a part of Americana as apple pie. Pop culture -- and the intersection of fashion with celebrity -- has certainly boosted the recognition of blue jean brand names. Many Wall Street analysts are claiming that denim could cure the apparel sectors ills. We feel they could be right on the mark. Typically, the back-to-school season is heavy on denim. Again the NPD Group reports that late-summer denim sales have averaged $3.4 billion over the past 5 years, or about 30% of annual sales. With this exciting new concept that Lyric Jeans is focused on, a solid jump in sales could dramatically boost the stock price. Consumer spending patterns are suggesting a second-half rebound fueled by a stronger economy.

Lyric Jeans looks to be a win-win situation for all involved. Interestingly, song writers receive a royalty for every pair of jeans sold which is innovative in itself. This allows them to promote their music, in turn selling more jeans and increasing shareholder value. One reason this could work so well is because no one else is doing it, and the denim market is always ripe for change. We think it offers a lot of opportunity.

ANALYST -- Officers of Market Advisors, Inc. have been in business since 1983 and have provided stock market research for their clients since 1985. Company officials have been frequently quoted in a wide array of financial publications such as the Wall Street Journal, Investors Business Daily, Barron's, The Dick Davis Digest, Moniresearch and many others. We have on staff the former editor of the Marketarian Newsletter, a nationally syndicated stock market newsletter published over twenty years. E-mail -- jeffmktadvisors@yahoo.com

The information and opinions in this report were prepared by Market Advisors, Inc., located in Nebraska, which has at times served as financial relations counsel to the featured company and does receive fees for services including preparation of this report. For this report, $2,500 was received from a non-affiliated third party. This is not an offer to buy or sell securities, nor should this report be construed as investment advice. Information or statements are subject to numerous risks and uncertainties that cause such statements not to prove accurate. Market Advisors, Inc. does not disseminate, nor is it liable for the dissemination by any third party of this fact sheet.

Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.

Contact Information

  • Contact:
    Donald Blaxton
    866-383-3765