8000inc (EIGH.pk) sets to establish manufacturing facilities due to Brand8000 success in Barbados

Production of Brand8000 has been increased by 66% across the range to meet the demand for the clothes in time for CARIFTA 2010

MANASSAS, VA, March 25 /PRNewswire-FirstCall/ - As previously announced the Brand8000 range was completely sold out when launched at the national stadium in Barbados. Also during this week, the national team kit, designed by Brand8000, was unveiled to the press in readiness for the team's departure to the CARIFTA games. Due to the impact of these two events, 8000inc has had to treble production of the whole range to meet demand in time for the team's departure. As a direct result the board of 8000inc has made the decision to establish its own manufacturing plant, initiating discussions to acquire a cotton mill and manufacturing facility in Barbados. Through the non-dilutable stock financing model, 8000inc will be acquiring in a cash transaction the cotton mill and manufacturing facility in Barbados. This move will increase the profit margins and revenue on all Brand8000 lines by 35% immediately and giving 8000inc the capability to purchase rights for more brands and develop further Brand8000 collections

Thomas Kelly, CEO 8000inc, said, "The demand for the brand from the athletics community and public alike has far outreached our expectations. This demand has forced the board to commit to long term financial investment into the business. With results like this we are more than happy to make that cash investment." He added, "The financing vehicle we have created in using non-dilutable stock as collateral has empowered 8000inc to engage in cash acquisitions quickly and clinically to meet demand to maximise commercial advantage. To be able to raise this level of finance whilst increasing the corporate value without dilution nor in fact increasing the available stock on the market is a remarkable achievement by the investment team. To be able to acquire the mill, the manufacturing facility and add on businesses such as the fashion house and design studios in cash transactions without decreasing shareholder equity is a testament to the team and how far we have come. I congratulate everyone associated. The ability to expand within our own means is all the proof needed to show that 8000inc and Brand8000 will grow at an ever increasing rate on strong foundations for some time to come."

This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbour" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of 8000 Inc. see "Risk Factors" in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.

SOURCE 8000 Inc.