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

Ever-Glory International Group Inc.

November 06, 2006 09:45 ET

Relationship between Ever-Glory and Disney's Agent going well, with Orders Recorded in Excess of $100,000 for First Half of 2006

LOS ANGELES, CALIFORNIA--(CCNMatthews - Nov. 6, 2006) - Ever-Glory International Group (OTCBB:EGLY)(FWB:E4G) (WKN:A0HNH8), a multinational enterprise specializing in garment manufacturing and exports, has reported that its production of the children's wear for Walt Disney brand sold in Europe through an agent has been continuing successfully this year with orders in excess of US$100,000 for the first half of the year.

Disney is a diversified worldwide entertainment company which operates in four segments including, Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products. The business of Disney, which is in the form of Ever-Glory being an official manufacturer of their top-grade children's wear, will help Ever-Glory to expand its expertise in the popular design and quality development of children's clothing which will, in turn help Ever-Glory in the development of their self-owned brands that are soon-to-be released.

Edward Kang, President and CEO of Ever-Glory International Group, is pleased with the business of Disney but is hopeful of a more prosperous relationship in the future. "Disney is a world-famous entertainment company, so we are extremely pleased to be supplying them with some of their apparel needs," stated Mr. Kang. "We definitely would like to see our business with them expand in the near future."

About Ever-Glory International Group

Ever-Glory International Group (OTCBB:EGLY) 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 Disney (NYSE:DIS):

Since its founding in 1923, The Walt Disney World Company has remained faithful to its commitment to producing unparalleled entertainment experiences based on its rich legacy of quality creative content and exceptional storytelling. Today, Disney is divided into four major business segments: Studio Entertainment, Parks and Resorts, Consumer Products, and Media Networks. Each segment consists of integrated, well-connected businesses that operate in concert to maximize exposure and growth worldwide.

For more Information about Disney, please visit: www.disneyinternational.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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