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To: Ernest Poe who wrote (53706)2/9/1999 11:36:00 AM
From: Logistics  Respond to of 119973
 
INNO NEWS:::

Tuesday February 9, 10:55 am Eastern Time

Innovo says to launch Online store soon

KNOXVILLE, Tenn., Feb 9 (Reuters) - Sports and fashion apparel maker Innovo
Group Inc. said Tuesday it will soon launch an online store on its Web site.

The company, which is also a supplier of apparel to retailers, said it will announce its online technical
partners and more details about the store in the near future.

''The Innovo Online Store has the potential to generate a customer base as well as revenues which have
previously been unrealized,'' said Jay Furrow, Innovo's vice president of Corporate Development.

Under licensing agreements, the company sells sportswear featuring designs from the National Basketball
Association, National Football League, Major League Baseball, and National Hockey League.

It also has a line of clothing with logos from collegiate teams and, among others, Walt Disney Co. (NYSE:DIS
- news).

The company supplies apparel to retailers including Wal-Mart Stores Inc (NYSE:WMT - news).

Innovo's stock jumped to about $4.50, up 2-3/4, in late morning Nasdaq trade.




To: Ernest Poe who wrote (53706)2/9/1999 11:39:00 AM
From: xclently  Read Replies (1) | Respond to of 119973
 
ADRN--not too pretty --ticker just changed from ADRND on Jan 27 (why?that nasty 'D'looks like a 1 for 3 reverse split)...>>>For the three months ended 9/30/98, revenues fell 23% to $375 thousand. Net loss fell 28% to $604 thousand. Results reflect delays in the start-up of new development projects, offset by lower R&D expenses>>>
(from, company profile on Yahoo!)
What is the deal?