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Veltex Apparel to show 'Ring Spun Tee shirts' in Surf Expo

15
Sep '07
Veltex Corporation announced that it is making its debut at the surf Expo this weekend at the Orange County Convention Center in Orlando Florida, running from September 14-16. Veltex Apparel can be found in booth no 2294.

Veltex Corporation CEO, Javeed Matin, said: "This is a unique opportunity for us to expand our customer base in the high value surf apparel market. We have an extensive line of merchandise aimed at what is one of the fastest growing segments of the apparel market."

He continued by saying: "Regardless of the state of economy, teenagers will continue to buy the latest fashions and we intend to be front and center when they hit the malls and surf shops."

Veltex Corporation announced sales for the first quarter of 2007 were $18,251,239 as compared to $14,620,491 for the first quarter of 2006 for an increase of $3,630,920, or almost 25%.

Net profit was $1,930,551. The Company has about 18,000,000 shares outstanding with $70 million gross revenue and $7 million profit.

Veltex apparel is showing their new line of products, "Ring Spun Tee shirts," in the surf expo-Orlando. Veltex is distributing thousands of FREE tee shirts in the show. It is 100% combed Cotton, super quality, with reactive dye.

This trade only, bi-annual show attracts more than 15,000 attendees including retailers, exhibitors and media for each show.

With over 2,400 booths of apparel and hard-goods the Surf Expo draws buyers representing everything from boutique shops to department stores and sporting goods mega stores throughout the U.S, Caribbean and Central and South America.

Swimwear is featured as well as sporting equipment. The Surf Industry Manufacturers Association (SIMA), the Board Retailers Association (BRA), the Water Sports Industry Association (WSIA) and the Association of Wind Sports Industries (AWSI) endorse surf Expo.

Veltex Corporation


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