LJ International to Present at Dutton Associates Investor Conference in San Francisco on March 28th
March 03 2006 - 11:00AM
PR Newswire (US)
For First Time, LJI to Provide Key Financial Results for its ENZO
Retail Chain in China, Highlighted by Significant Sequential
Monthly Revenue Growth HONG KONG and LOS ANGELES, March 3
/Xinhua-PRNewswire-FirstCall/ -- LJ International, Inc. (LJI)
(NASDAQ:JADE), one of the fastest-growing jewelry companies in the
world, today announced that it will be a featured presenter at
Dutton Associates' 'Recognizing Opportunity' Small-Cap Conference
for institutional investors, to be held at the St. Regis Hotel in
San Francisco on March 28, 2006. The Company's presentation will be
broadcast via the Internet at http://www.jmdutton.com/ (or on the
Company's website at http://www.ljintl.com/ ). (Note to Attendees:
As a result of high investor interest to meet with LJI management,
the Company has extended its availability to institutional
investors by adding three additional days in San Francisco for
investor meetings -- March 29th - March 31st. Accordingly, the
Company strongly urges those that are interested in meeting with
LJI, to please contact Haris Tajyar at 818-382-9700 or via e-mail
at to schedule a one-on-one meeting, while availability still
exists.) 'Our presentation at this year's Dutton small-cap
conference should provide us with an excellent forum to discuss one
of LJI's most highly-anticipated announcements in recent years --
the initial disclosure of ENZO's specific financial performance.
However, based on what we do know, we are very excited to announce
that it is very likely that ENZO has already surpassed our internal
revenue targets as indicated by its sequential monthly revenue
growth,' said Yu Chuan Yih, Chairman and CEO of LJ International.
The Company noted that its ENZO retail jewelry chain has grown to
become the largest and fastest growing foreign-branded retail
jewelry chain in China. A distant second is Tiffany & Company
(NYSE:TIF). Foreign companies were allowed to compete in China
following the country's entry into the World Trade Organization
(WTO) in late 2001. The Dutton Investor Conference is designed to
provide investment professionals with an opportunity to meet with
management of top growth companies covered by Dutton and its
research analysts. As one of 16 firms slated to appear at the
day-long event, LJI will make a presentation in the morning session
and participate in break-out sessions and one-on-one meetings with
investors during the afternoon. To be added to LJI's investor
lists, please contact Haris Tajyar at . About Dutton Associates
Dutton Associates is one of the largest research firms in the U.S.,
offering high-quality fundamental research on small-cap public
companies. Its analysts, primarily CFAs with over 20 years of
experience at major securities firms, are among the most
experienced on Wall Street. Dutton's program of research coverage
is modeled in terms of prepaid compensation after Standard &
Poor's and other credit rating services. It allows small-cap
companies to gain a thorough, independent analysis of their
competitive position, along with independently developed earnings
and valuation models that otherwise would not be available to
interested investors and institutions. This research is widely
distributed and used by investment banking firms, other
institutions, and individual investors. Dutton estimates are
included in the major consensus estimates -- Zacks, Multex, The JCF
Group, and First Call. About LJ International LJ International,
Inc. (LJI) (NASDAQ:JADE), based in Hong Kong and the U.S., is
engaged in the designing, branding, marketing and distribution of a
full range of jewelry. It has built its global business, currently
one of the fastest-growing in the jewelry industry, on a vertical
integration strategy and an unwavering commitment to quality and
service. LJI distributes to fine jewelers, department stores,
national jewelry chains and electronic and specialty retailers
throughout North America and Western Europe, with a growing retail
presence in China through its ENZO stores. Its product lines
incorporate all major categories sought by major retailers,
including earrings, necklaces, pendants, rings and bracelets. For
more information on LJI, please visit http://www.ljintl.com/ .
Forward looking statement: Except for the historical information,
the matters discussed in this news release may contain
forward-looking statements, including, but not limited to, factors
relating to future revenues. These forward-looking statements may
involve a number of risks and uncertainties. Actual results may
vary significantly based on a number of factors, including, but not
limited to, uncertainties in product demand, the impact of
competitive products and pricing, changing economic conditions
around the world, release and revenues of new products and other
risk factors detailed in the company's most recent annual report
and other filings with the Securities and Exchange Commission. For
further information: AT LJI: AT INVESTOR RELATIONS INTL: Betty Ho
Haris Tajyar Vice President, Corporate Development Managing Partner
Ph: +011-852-2170-0001 Ph: +1-818-382-9702 Email: Email:
DATASOURCE: LJ International, Inc. CONTACT: Betty Ho of LJ
International, 011-852-2170-001, or ; Haris Tajyar of Investor
Relations Intl, +1-818-382-9702 or , for LJ International Web site:
http://www.ljintl.com/ http://www.jmdutton.com/
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