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To: Patrick Slevin who wrote (11028)	1/30/1998 2:00:00 PM
From: Andrew Vance	Read Replies (1) \| Respond to of 17305

AV -- I remember our "nerve" conversatiom in Chicago. I think I have lost all feeling in my right thigh these past few weeks. It's probably the chair<GGG>. BTW-Does this smell of reverse split to you or anyone else: Innovo Addresses Nasdaq Listing Requirements SPRINGFIELD, Tenn., Jan. 30 /PRNewswire/ -- INNOVO GROUP INC. (Nasdaq: INNO), the manufacturer and a leading supplier of craft products to major accounts including Wal-Mart, K-Mart, Michael's, Hobby Lobby and FabriCenter, addressed today the Nasdaq listing requirements. Mr. L.E. Smith, CEO of Innovo Group Inc., stated today that "Innovo Group is very much aware of the new Nasdaq SmallCap listing requirements and that the board of directors of the company has made the commitment to meet all of these requirements including the $1.00 price." Mr. Smith also stated that "The new management's business plan is progressing very well and we are on track to achieve our goals and objectives for 1998." INNOVO GROUP manufactures and markets fashion and sports-licensed nylon bags and canvas products for the multi-billion dollar crafts industry to major retailers in the United States and Europe. Under licensing agreements, the company's sports lines feature the designs of the NBA, NFL, Major League Baseball, the NHL, and numerous college teams. INNOVO is also a licensee for Wait Disney and Warner Bros. INNOVO's Thimble Square subsidiary manufactures and distributes a ladies ready to wear at home, sleep and lounge wear from a plant in Georgia. SOURCE Innovo Group Inc. /CONTACT: Schren Head, Innovo Group Inc., 615-384-0100 AV