SOURCE: Mica Capital Partners, LLC

March 28, 2006 10:38 ET

MarketWatch News - Jeantex Group Increases Revenue Potential by $5- $10 Million Through Acquisition of Vietnamese Manufacturer; Company to Add Approximately $2 Million in Revenues by Launching

the 'LSD' Brand of Jeans With the Founder of the 'Von Dutch' Clothing Brand

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Mica Capital Partners, LLC

LOS ANGELES, CA -- (MARKET WIRE) -- March 28, 2006 -- Jeantex Group, Inc. (OTC BB: JNTX), a company engaged in the design, development, manufacturing, and marketing of consumer products for the apparel markets worldwide, announced today that it has been in close dialogues with several apparel-clothing manufacturers in Vietnam and will immediately begin an acquisition and strategic alliance program with these companies to increase its private label capacity and open up new international markets. Jeantex also announced that it has entered into an agreement with Michael Cassel, the former President and Founder of the extremely successful "Von Dutch" line of clothing. Cassel turned the "Von Dutch" brand into a household name, making it the "gotta have it" brand of the 90s.

LSD promises to be the next big thing in the fashion denim world. This premium line is made of the finest Japanese denim, sterling silver buttons and innovative design. The brand has already generated much interest from celebrities and fashion experts alike. The Company expects to generate approximately $2 million in additional revenues from this new line. While Jeantex Group continues to grow its private label business through the company's wholly owned subsidiary Jeantex, Inc., a Los Angeles-based manufacturer, and expand its branded collections through Yves Castaldi Corp., Bone People, and LSD trademarks, it will execute a selective acquisition program to quickly increase overall revenues and profitability for the company.

Potential Vietnamese strategic alliance and acquisition candidates include VinaWorld Production & Services Company (, Nhat Tan Company (, Thai Son S.P. Co., Ltd. (, and Minh Hieu, among others.

Henry Fahman, Chairman of Jeantex Group, Inc., stated: "We have been in talks with a number of potential acquisition candidates and strategic alliance partners in Vietnam during the last few months and expect to finalize a couple of transactions with them in the very near future. We believe the completion of these transactions will not only increase our private label capacity, but also open up new international markets and add substantial overall revenues to the company."

About Jeantex Group, Inc.

Jeantex Group, Inc. (, through its wholly owned subsidiary Jeantex, Inc., engages in the design, development, manufacturing, and marketing of consumer products for the apparel markets worldwide. The Company manufactures and markets new lines of uniquely designed premium jeans, T-Shirts, and accessories under the "Bone People" and "LSD" trademarks and is a majority owner of Yves Castaldi Corp. (, which designs high-end fashion collections under the 'Just Yves,' 'I Generation,' 'Instinct Yves,' and 'Yves Castaldi Raw Denim' brands.

This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.

For details concerning the press release and other developments please visit or

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All material herein was prepared by Mica Capital Partners, LLC (MCP) based upon information believed to be reliable. The information contained herein is not guaranteed by MCP to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. MCP is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. MCP has been compensated stock by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. MCP has been compensated 200,000 free trading shares from a third party. MCP intends to sell 200,000 shares. MCP has sold approximately zero shares to date. MCP may sell its shares for less than the target price given in this opinion. MCP'S affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those share's rise in value. MCP will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

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