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| | GBMI Sells Its Majority Interest in Pony International, LLC |
 | | SANTA BARBARA, Calif., April 14 /PRNewswire/ -- Global Brand Marketing Inc., the leader in fashion forward footwear, today announced that it sold its majority interest in Pony International, LLC to Sharp Gain Profits Limited, a member of the Symphony Holdings Group based in Hong Kong. |
 | | In addition, the two other entities with interests in Pony, including The Firm Shoes, Inc. and Itochu International Inc., have sold their respective interests to Sharp Gain Profits Limited. |
 | | As we look to 2007 and beyond, we are now poised for further growth, both organically and through additional acquisitions and/or licensing opportunities. |
| www.prnewswire.com /cgi-bin/stories.pl?ACCT=109&STORY=/www/story/04-14-2006/0004340368&EDATE= (717 words) |
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