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ENTERTAINMENT / RETAIL / TRAVEL - September 1 to September 15, 2004

ISLAND PACIFIC UNVEILS GLOBAL LICENSE SALES

IRVINE - Southern California-based Island Pacific has added 61 new customers during July, along with 234 upgrades and membership renewals. 

The company develops software packages for retail merchandising, store operations, CRM, and other multi-channel solutions.

Among the company's new customers are several international firms including Towne Sports and Leisure, Inc. in San Juan, Puerto Rico; Coast Line and Lecute Male Shop in the Maldives; Blue Banana in England and Wales; and Atlantis Aquarium in Selangor Darul Ehsan, Malaysia.

Island Pacific serves over 9,000 retail clients in more than 70 countries. Represented in more than 55,000 stores worldwide and available in 14 languages, the company's technology manages billions of transactions annually under the brand names of IPMS, IP synaro, OnePointe and Retail Pro, and is the thought leader in multi-channel retailing.

Founded in 1978, the company is headquartered in Irvine, California, and has offices in the United States and the United Kingdom, and is represented by business partners in over 30 countries.

WARNACO COMPLETES OCEAN PACIFIC ACQUISITION

NEW YORK - The Warnaco Group Inc., an apparel designer and marketer, has completed its previously announced acquisition of Ocean Pacific Apparel Corp. for $40 million in cash and the assumption of $1 million in debt.

Irvine, California-based Ocean Pacific is a surf and beach lifestyle brand which operates through a network of licensees worldwide and offers a broad array of apparel and accessories catering to men, women, young men, juniors, and kids under its Op, Ocean Pacific, Op Classics and Seven 2 labels.

LJ INTERNATIONAL RECIEVES MAJOR US ORDER

HONG KONG  - LJ International Inc. (LJI) has received an order of about $1.7 million from a leading Los Angeles-based retail jewelry chain.

The order is expected to be filled by the end of the year.

The retailer, unnamed by LJ International "for competitive reasons," is among one of the largest jewelry retail chains in the US market, with over 2,000 stores nationwide.
 
The announcement of this order follows an earlier announcement by LJI that it had just begun a national rollout of products at the chain's stores after a successful test-marketing of its products in no more than 50 of the chain's stores.

LJI products are sold in a number of major US department stores as well as two- thirds of the country's 40 largest jewelry chain stores.
 
The publicly-owned company also sells to the three largest home-shopping TV networks in the US, as well as in Europe, Japan and Australia with expansion plans underway in both the US  and international markets.

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