Aris Industries Announces Exclusive License Agreement for Wonderpant.Business Editors NEW YORK--(BUSINESS WIRE)--June 27, 2000 Aris Industries, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BB - AISI AISI American Iron and Steel Institute AISI African Information Society Initiative AISI Alberta Initiative for School Improvement (Canada) AISI As I See It AISI American International Supply, Inc (Oakland, CA) ) today announced that it has entered into an exclusive worldwide license agreement to manufacture and sell what Arnold H. Simon, Aris' Chairman and Chief Executive Officer, has called a revolutionary new product designed to enhance a woman's figure by uplifting and shaping a woman's hips and derriere. Aris intends to market this revolutionary garment under the name "Wonderpant" and has filed a trademark application to use that name on all pants and bottoms. Aris plans to introduce the Wonderpant into its own brands, XOXO XOXO Hugs and Kisses XOXO Extensible Open Xhtml Outlines XOXO XO Communications, Inc. (former stock symbol) and BabyPhat, but it will be marketed also as a separate system available for licensees. Arnold H. Simon, 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. of Aris, stated "In my thirty years of experience in the apparel business, I have never seen a more exciting design development in the industry. The product uplifts and enhances a woman's figure like no other product that I have seen in the marketplace before. Wonderpant works best in stretch fabrics, but the system can also be applied to denim and woven pants." The Company intends to begin manufacturing and shipping for Spring 2001 and expects that this product will add significant revenue and profits. Aris designs, manufactures and sells sportswear, outerwear and loungewear lounge·wear n. Clothing suitable for relaxing. Noun 1. loungewear - clothing suitable for relaxation article of clothing, clothing, habiliment, wearable, vesture, wear - a covering designed to be worn on a person's under a variety of tradenames including XOXO, FUBU FUBU For Us By Us (clothing brand) FUBU Fouled Up Beyond Understanding (polite form) FUBU Fouled Up Beyond Use (polite form) FUBU Fouled Up By User , Perry Ellis Perry Ellis (March 3, 1940 – May 30, 1986) was an American fashion designer who founded a sportswear house in the mid-1970s. The Rise of Perry Ellis Perry Edwin Ellis was born in Portsmouth, Virginia, on March 3, 1940, as the only child of Edwin and Winifred and Members Only. It is also the licensee for Stetson, Baby Phat, Cynthia Rowley, and Brooks Brothers Golf, all of which it plans to launch in 2000 and 2001. Certain information discussed in this press release may constitute forward-looking statements within the meaning of the Federal securities laws. Although Aris Industries believes that expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends, and uncertainties that could cause actual results to differ materially from those projected. For a more complete description of factors, which could impact Aris Industries and the statements contained herein, reference should be made to Aris Industries' filings with the United States Securities and Exchange Commission. |
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