Everlast Worldwide Inc. Announces Listing on the Nasdaq Global Market
January 16 2007 - 1:38PM
Business Wire
Everlast� Worldwide Inc. (Nasdaq: EVST), manufacturer, marketer and
licensor of sporting goods, apparel, footwear and other active
lifestyle products under the Everlast brand name, today announced
that it has received approval from the Nasdaq Stock Market to list
its securities on the Nasdaq Global Market effective with the
opening of business on January 16, 2007. The Company will continue
to trade under the EVST trading symbol. The Company was previously
listed under the Nasdaq Capital Market (formerly the Nasdaq Small
Cap Market). Seth Horowitz, President and Chief Executive Officer,
stated, �We are thrilled to be moving up to the Nasdaq Global
Market, which should increase our visibility within the financial
community and provide investors with greater access to our shares
and information about Everlast. This move is consistent with the
growth we�ve demonstrated as a company and as a brand.� About
Everlast Worldwide Inc. Everlast Worldwide Inc. manufactures,
markets and licenses sporting goods, apparel, footwear and other
active lifestyle products under the Everlast brand name. Since
1910, Everlast has been the preeminent brand in the world of boxing
and is among the most dominant brands in the overall sporting goods
and apparel industries. Over the past 97 years, Everlast products
have become the �Choice of Champions��, having been used for
training and professional fights by many of the biggest names in
the sport. Everlast is the market leader in nearly all of its
product categories, responsible for leading eight of the top ten
boxing equipment products in sales. In addition to producing and
marketing the equipment and accessories, Everlast Worldwide Inc.
licenses its brand to providers of men�s and women�s sportswear and
active wear, children�s wear, footwear, watches, cardiovascular
exercise equipment, nutritional foods and gym/duffel bags to name
just a few categories. The company�s Web site can be found at
http://www.everlast.com. Statements made in this Press Release that
are estimates of past or future performance are based on a number
of factors, some of which are outside of the Company's control.
Statements made in this Press Release that state the intentions,
beliefs, expectations or predictions of Everlast Worldwide, Inc.
and its management for the future are forward-looking statements.
It is important to note that actual results could differ materially
from those projected in such forward-looking statements.
Information concerning factors that could cause actual results to
differ materially from those in forward-looking statements is
contained from time to time in filings of Everlast Worldwide with
the U.S. Securities and Exchange Commission. Copies of these
filings may be obtained by contacting Everlast Worldwide or the
SEC.
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