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Strategies & Market Trends : Bankruptcy - Winners and Losers

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To: Zoro99 who wrote (7)11/5/2007 2:05:57 PM
From: Zoro99   of 9
 
IVDNQ is back to IVDN today since they are now out of bankruptcy per last week's news. The company also issued this PR today...
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Mr. Darryl S. Zaontz Joins Innovative Designs Consulting Staff

PITTSBURGH, PA, Nov 05, 2007 (MARKET WIRE via COMTEX) -- Innovative Designs, Inc. (OTCBB: IVDN), "i.d.i.gear," is pleased to announce that Mr. Darryl S. Zaontz has joined the Innovative Designs, Inc. Consulting Staff.

Mr. Zaontz is a 1979 graduate of Georgetown University, receiving a BA in Economics. He received his CFA (Chartered Financial Analyst) designation in 1986. In 1993, he received his MBA in Finance from NYU.

Mr. Zaontz's Wall Street career includes holding the position of Director in the Securities Division of the American Stock Exchange and also a Director of NASDAQ Marketing Services at the NASDAQ Stock Market.

Mr. Zaontz commented, "It is an honor and a privilege to be able to assist such a company as Innovative Designs, which I believe to have a product that is currently unsurpassed in the industry."

Joseph Riccelli, President and CEO, commented, "We are fortunate to have Mr. Zaontz, who is one of our largest shareholders, join Innovative Designs' Consulting Staff. His professional background will assist Innovative Designs in many ventures going forward."

The Company

Innovative Designs, Inc. manufactures the Arctic Armor(TM) Line, hunting apparel, swimwear, wind shirts, jackets, sleeping bags, and the multi-function "All in One" under the "i.d.i.gear" label featuring INSULTEX(TM). INSULTEX(TM) is the thinnest, lightest and warmest insulator in the market today. For more information, please visit idigear.com.

Disclaimer

Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available at sec.gov

Contact Name
Joseph Riccelli
P: 412-799-0350
C: 412-551-7558

SOURCE: Innovative Designs, Inc.
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