Los Angeles based premium Denim Company True Religion Apparel Inc announced the Company's common stock is approved for listing on the NASDAQ National Market (NNM). The trading symbol for the common stock will be "TRLG" which is the same symbol under which the company's stock currently trades on the over-the-counter market. True Religion's common stock will begin trading at the opening of the market on August 18, 2005.
Jeff Lubell, President and CEO said, "Company is extremely pleased that listing application has been approved. A NASDAQ National Market listing is a significant milestone for company and underscores commitment to enhance shareholder value for existing and potential investors. This is a major accomplishment for business and would not have been possible without the hard work and dedication of the entire True Religion team."
Charles Lesser, Chief Financial Officer added, "Trading on NASDAQ should help True Religion expand shareholder base and increase the liquidity of the stock, further enhancing the long-term value of the Company."
True Religion Apparel Inc, through its wholly owned subsidiary Guru Denim Inc manufactures, markets, distributes and sells "True Religion Brand Jeans" in the United States, Canada, the United Kingdom, Europe, Mexico and Japan.
True Religion Brand Jeans can be found in the United States at Neiman Marcus, Saks Fifth Avenue, Ron Herman, Henri Bendel, Bloomingdales, Nordstrom, Barneys and greater than 500 fashion boutique clothing stores throughout the United States and Canada. True Religion Brand Jeans can also be found at fine stores in Japan, including Isetan and Barneys Japan; in England, including Selfridges, Harrod's and Harvey Nichols; in France, including Galleries Lafayette.
True Religion Apparel Inc
marketing@alchempro.com
