SOURCE: Talon International
LOS ANGELES, CA--(Marketwire - Oct 1, 2012) - Talon International, Inc. (OTCQB: TALN), a leading global supplier of zippers, apparel fasteners, trim and interlining products, announced the appointment of Herman Roup as V.P. of Operations - Tekfit© Division to direct the Company's efforts to remind retailers regarding the advantages of the advanced, patented stretch-waistband technology available with its Tekfit© products.
"A former employee, advisor and representative of the Company, Herman is one of the leading textile consultants within the industry and the most knowledgeable concerning the technology and advantages of the Tekfit© waistband," noted Lonnie Schnell, Talon's CEO. "We are pleased to have Herman rejoin the Talon team and to help reenergize the enthusiasm and excitement for the Tekfit© technology." The Tekfit© waistband has been heralded by the industry as the most advanced technology in pant designs that provide comfort-fit and stretch-flexibility in standard non-stretchable fabric. Talon has sold the Tekfit© technology under such brands as Polo Ralph Lauren, Roundtree & Yorke, Jack Nicklaus and Bobby Jones Golf, Eddie Bauer and Levi's Dockers. Previously over 50 million Tekfit© waistbands were used by Levi Strauss in their Dockers pants, and today Tekfit© waistbands are being incorporated into quality sports and casual apparel by major retailers such as Dillard's, HMX and Saks 5th Avenue.
The Company recently announced the end of protracted litigation regarding the use of this patented technology that had left many customers hesitant to incorporate the technology while its ownership was in dispute. "Despite this apprehension, the amazing capabilities of the Tekfit© technology allowed us to continue to build confidence with selected brands," noted Schnell. "Herman initially brought this technology to the Company in 2002 and has worked with us in various capacities toward realizing the various opportunities this exclusive product represents. Now that we no longer have uncertainty about who owns the technology hanging over us, we are confident that with Herman's expertise and guidance we can bring this innovative product to the entire industry."
The Tekfit© waistband uses a patented technology incorporating the use of specialty equipment and manufacturing know-how to transform a non-stretch fabric into a stretchable waistband by compressing the fabric and thus changing the nature of the material's structure. The result of this compression is a comfort-fitting, non-binding stretchable waistband capable of expanding up to two to three sizes with no tell-tale ripple on the surface, then completely recovering to its original size.
About Talon International, Inc.
Talon International, Inc. is a global supplier of apparel fasteners, trim and interlining products to manufacturers of fashion apparel, specialty retailers, mass merchandisers, brand licensees and major retailers. Talon manufactures and distributes zippers and other fasteners under its Talon® brand, known as the original American zipper invented in 1893. Talon also designs, manufactures, engineers, and distributes apparel trim products and specialty waistbands under its trademark names, Talon, Tag-It and TekFit, to major apparel brands and manufacturers including Wal-Mart, Kohl's, J.C. Penney, Victoria's Secret, Tom Tailor, Abercrombie and Fitch, Polo Ralph Lauren, Fat Face, Phillips-Van Heusen, Reebok and Juicy Couture. The company has offices and facilities in the United States, United Kingdom, Hong Kong, China, Taiwan, India and Bangladesh.
Forward Looking Statements:
This news release contains forward-looking statements made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, the company's views on the Tekfit© waistband and an increase in its adoption by the apparel industry now that the Pro-Fit litigation has been settled, and are generally identified by phrases such as "thinks," "anticipates," "believes," "estimates," "expects," "intends," "plans," and similar words. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statement. These statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of the company's industry, competition and capital requirements. Other factors and uncertainties that could affect the company's forward-looking statements include, among other things, the following: manufacturer and consumer acceptance of the Tekfit© waistband, the product's actual performance relative to its specifications, and competitive factors, including pricing pressures and the introduction by others of new products with similar or better functionality than the company's waistband products. These and other risks are more fully described in the company's filings with the Securities and Exchange Commission, including the Company's most recently filed Annual Report on Form 10-K and Quarterly Report on Form 10-Q, which should be read in conjunction herewith for a further discussion of important factors that could cause actual results to differ materially from those in the forward-looking statements. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.