DALLAS, Aug. 22, 2005 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com and TalkingStocks.com, announced the Web sites have initiated Profile Coverage for LJ International Corporation (Nasdaq:JADE). LJ International, Inc. (LJI), based in Hong Kong and the U.S., is engaged in designing, branding, marketing and distributing a full range of jewelry. It has built its global business, currently one of the fastest-growing in the jewelry industry, on a vertical integration strategy and an unwavering commitment to quality and service. LJI distributes to fine jewelers, department stores, national jewelry chains and electronic and specialty retailers throughout North America and Western Europe, with a growing retail presence in China through stores and e-shopping sites. Its product lines incorporate all major categories sought by major retailers, including earrings, necklaces, pendants, rings and bracelets. It trades on the Nasdaq National Market under the symbol JADE.
Earlier today, the company issued a letter authored by Chairman and CEO, Yu Chuan Yih in which Mr. Yih suggested that there will be accelerated growth for LJ International.
Mr. Pentony spoke of LJ International: "At a time when the company has just announced record second quarter and first half revenues, we could not be more pleased to initiate coverage. The company, as they mentioned in a recent press release, exceeded its second quarter guidance by $1 million to a record $19 million. The company has also issued higher projections and earnings for third quarter. We look forward to once again covering LJ International for our membership."
To view the StockGuru.com Profile for LJ International, please visit:
http://www.stockguru.com/profiles/jade/index.aspx
The Profile is also available on TalkingStocks.com at:
http://www.talkingstocks.com/profiles/jade/index.php
Registration is free.
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Forward-looking statement: Except for the historical information, the matters discussed in this news release may contain forward-looking statements, including, but not limited to, factors relating to future sales. These forward-looking statements may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to, uncertainties in product demand, the impact of competitive products and pricing, changing economic conditions around the world, release and sales of new products and other risk factors detailed in the company's most recent annual report and other filings with the Securities and Exchange Commission.
Disclosure: Pentony Enterprises LLC and TalkingStocks.com LLC have been compensated $36,000 for profile coverage in 2004 and 2005. Neither TalkingStocks.com, LLC, nor Pentony Enterprises, LLC, are registered investment advisers or broker/dealers. TalkingStocks.com, LLC and Pentony Enterprises, LLC makes no recommendation that the purchase of securities of companies profiled in this Web site is suitable or advisable for any person or that an investment such securities will be profitable.