``Next Inc.'' Ranked Number Sixteen Producer in the Major Collegiate Licensing Program.Business Editors CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Feb. 2, 2004 Next Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :NXTI) announces that the company's licensed college sportswear program has continued to maintain its prestigious ranking as one of the 25 top-selling companies on the Collegiate Licensing Company's list dated July 1, 2003 - December 31, 2003. The Collegiate Licensing Company The Collegiate Licensing Company (CLC) is an American collegiate trademark licensing and marketing company. Founded in 1981 in Selma, Alabama, CLC is the largest and oldest collegiate licensing company in the United States and currently provides its services to more than 200 ("CLC (The Computer Language Company Inc.) The publisher of this Encyclopedia. See About this product. "), according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. its press release dated January 27, 2004, announced that Next Inc. has again solidified its top position with a ranking of 16th. Next is proud to be continuously named among some of the "major distributors" such as Nike USA(R), Champion(R) and Russell(R). CLC is the nation's leading collegiate licensing and marketing representative. Next has accumulated approximately 200 licenses and agreements to distribute its College Wear line for every major college and university. With the addition of Lil Fan, the Company's newest acquisition, the collegiate licensed program features infants, toddlers, juvenile and youth size ranges, further enhancing and expanding the College Wear program. Next and Lil Fan CollegeWear licensed products have been well accepted in its national retail and specialty merchants' customer base, such as Cracker Barrel This article is about the restaurant-and-store chain. For the unrelated company marketing cheeses bearing the "Cracker Barrel" trademark, see Kraft Foods. Cracker Barrel Old Country Store, Inc. , Kohl's, Academy, Gart's, Sears, Dillard's and Galyan's. Mr. William B. Hensley, III, the Company's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , stated "We are pleased to announce our expanded product placement and related distribution for 2003 as we have significantly increased our customer base. With the acquisition and integration of Lil Fan, this expansion will continue in 2004: however, what we are most pleased to announce is that our customers had excellent "sell-thru" of our products during their most important third and fourth fiscal quarters of 2003". This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, which contains a safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for forward-looking statements. The Company relies on this safe harbor in making such disclosures. The statements are based on management's current beliefs and assumptions about expectations, estimates, strategies and projections. These statements are not guarantees of future performance or results and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements |
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