International multi-brand jewelry marketing company whose principal shareholders include Elizabeth Taylor and Kathy Ireland, House of Taylor Jewelry Inc has received notification from NASDAQ that the company's stock has been accepted for listing on the Capital Market effective March 1, 2006.
The company will trade under the symbol HOTJ.
"The timing was perfect," stated CEO Jack Abramov, "Dame Elizabeth and Kathy Ireland were notified of this while celebrating Dame Elizabeth's birthday together, yesterday.
The involvement of Dame Elizabeth and Kathy Ireland in product assortment, design direction and media support is a real asset to their company and unique in their industry."
He continued, "They believe the NASDAQ listing will increase the visibility of the company, enhance the liquidity of their stock and benefit their shareholders."
The company is developing an innovative branding strategy that spans the jewelry market spectrum from entry-level to couture.
House of Taylor Jewelry markets its products under the Kathy Ireland Jewelry, House of Taylor, and Elizabeth Collection brands, through retailers ranging from chic Gearys Beverly Hills on Rodeo Drive to independent jewelers across the country.
"Consumer awareness of House of Taylor jewelry has reached international levels," said Abramov.
"They continue to focus on building a strong foundation and business capable of satisfying the tremendous response from retailers and consumers worldwide for their brand."
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