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Nexia Holdings, Inc. (NEXA.OB) Adds Over 6,500 New Products and Introduces New Eco-Friendly Clothing Line

Nexia Holdings announced this morning that it has launched the Jared Gold Bamboo Collection and the Cut & Sew Black Chandelier Collection through its wholly owned subsidiary, Gold Fusion Laboratories.

The Jared Gold Bamboo collection is very unique for its 100% use of bamboo fiber. Bamboo is quickly gaining recognition in the fasion industry for its wearability, washability and sheer uniqueness. The fiber is made without the addition of additives and is completely biodegradable.

The Black Chandelier Cut & Sew Collection highlights 13 original styles and the entire collection made of a cotton/lycra blend, which makes very soft garments. The Black Chandelier collection contains more than 5,400 units with an approximate retail value of $191,000.

Andy Montana, Business Development and Branding Director for Black Chandelier, stated, “The new merchandise and upgrades are very exciting for our company. Black Chandelier’s focus on merchandise made from environmentally-friendly bamboo and easily wearable, breathable cottons put us ahead of other competitors in terms of uniqueness, quality and price. I haven’t seen anything in the market close to our designs and constructions at prices that appeal to a wide consumer audience.”

The company also announced that it will be updating its point-of-service operating system to streamline its retail business. The President of Nexia stated, “These upgrades can help us efficiently meet increased demand we anticipate for the Holiday 2007 season, as well as reach our goals to cost-effectively expand into the most attractive locations with the right inventory. Several new locations have been identified and fit within the Company’s objectives for sales and profitability.”

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