NEW YORK, May 26, 2011 (GLOBE NEWSWIRE) -- Omni Ventures, Inc.'s (OTCQB:OMVE) President, Mr. Dan Reardon commented on some of the highlights of the second quarter operational results and the next steps in the development of PRVCY Couture, Inc., a wholly owned subsidiary of the Company.
In particular, Mr. Reardon said: "Our fiscal year-end is September 30th, and therefore, our recently filed form 10-Q reflects our second quarter operational results. During this quarter, we managed to address only a fraction of our customer list, which comprises of over 600 US-based retail stores. We also started selling our products directly to consumers online. We are pleased to confirm that the re-introduction of one of our denim brands, which we own – 'PRVCY Premium' appears to have received a good response from the retailers as well as directly from consumers across the United States, Europe, Latin America and New Zealand. We have just completed our new fall women's denim line, a preview of which will be offered to retailers and consumers on our website, www.prvcypremium.com very shortly. This collection will be offered for sale both in e-commerce format on our website as well as to the network of retailers by our in-house sales force.
"Looking to the future, we intend to further develop our licensing program, which was recently started by our first licensing agreement with Andari Fashion, Inc. We believe that PRVCY Premium brand will be represented by a variety of apparel and accessories products, which we will strive to achieve through licensing contracts. Also, in the near future, we plan to commence our domestic and international PR and marketing campaigns promoting our PRVCY Premium brand to consumers in alliance with one of the leading public relations agencies. The purpose of these campaigns will be to strengthen the relationships with our existing customer list through professional and continuous media presence as well as increase the market penetration of our products. And finally, now that we believe that the PRVCY Premium brand is on track, delivering our product to consumers and planning to restart production of additional inventories, we are looking beyond the apparel industry and intend to develop other consumer products and services, which hopefully will lead to increasing the versatility of our holdings. As our business develops, we are planning to increase the frequency of our shareholder communications. I invite all of our shareholders to register at our website: www.omve.net to maximize the efficiency of such interaction."
About Omni Ventures
Omni Ventures, Inc. is a development stage company working on a versatile portfolio of projects in premium consumer brands development and merchandising as well as consumer services. The Company is working to position itself as a strategic management holding company for several subsidiaries including the ones to be established or acquired. Currently the Company wholly owns PRVCY Couture, Inc., the casual couture apparel and accessories design, manufacturing and distribution company ( www.prvcypremium.com ). Management is negotiating several joint ventures with established operating companies in the fields of consumer goods design, manufacturing and distribution as well as consumer services. For more info, please visit .
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