LJ International, Inc. (MM) (NASDAQ:JADE)
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LJ International to Present at Roth Capital Investor Conference
From February 21st - 23rd
HONG KONG and LOS ANGELES, Calif., Jan. 31 /Xinhua-PRNewswire-FirstCall/ -- LJ
International, Inc. (LJI) (NASDAQ:JADE), one of the fastest-growing jewelry
companies in the world, today announced that it will be one of the featured
companies at Roth Capital Partners' 17th Annual Institutional Investor
Conference, to be held in Dana Point, California, February 21 through 23, 2005.
The Company will present at 8:30 a.m. Pacific Time on February 23rd. To
schedule a one-on-one meeting with the Company, please contact Haris Tajyar at
818-382-9700 or via email at .
The Roth conference will offer presentations by more than 200 leading
publicly-traded companies in diverse industries. The event will be held at the
St. Regis Monarch Beach Resort and Spa located at One Monarch Beach Resort,
Dana Point, California, 92629 with leading institutional investors expected to
attend and others following by Web cast. You can contact the St. Regis at
(800) 722-1543.
'We are looking forward to presenting our story to the hundreds of
institutional investors that will be attending the Roth Capital conference. Our
appearance will be particularly timely as it comes just as we are expanding our
China retail operations, a move that we expect to lead to accelerating sales
and earnings growth for the Company in 2005 and beyond,' said LJI Chairman and
CEO Yu Chuan Yih.
In the Company's most recent reporting quarter, ending September 30, 2004,
LJI's revenue totaled $21.6 million, a 28% increase from third quarter of 2003.
Earnings per fully diluted share rose 29%, to $0.09. The Company announced
that it expected sales for all of 2004 to total between $68 million and $70
million, representing an increase of between17% to 21% over 2003.
If you would like to be added to LJI's investor email lists please contact
Haris Tajyar with Investor Relations International at .
About Roth Capital Partners
Roth Capital Partners, LLC, is a full service investment bank serving
corporate, and institutional clients throughout the world. Based in Newport
Beach, Calif. and with offices in strategic locations in the Western U.S., it
offers a wide array of investment banking services including: initial public
offerings, follow-ons, PIPEs, private placements, mergers and acquisitions,
investment research, and institutional sales and trading. The firm is perhaps
best known for finding, funding and fostering the growth of emerging companies.
Visit the Roth Capital Partners website at http://www.rothcp.com/ .
About LJ International
LJ International, Inc., (LJI) is a publicly-owned company, based in Hong Kong
and the U.S., engaged in designing, branding, marketing and distributing a full
range of fine 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.
For more information on LJI, go to its Web Site at http://www.ljintl.com/ .
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.
For more information, please contact:
AT LJI:
Betty Ho,
Vice President, Corporate Development
Tel: +852-2170-0001
Email:
AT INVESTOR RELATIONS INTL:
Haris Tajyar,
Managing Partner
Tel: +1-818-382-9702
Email:
Web Sites: http://www.ljintl.com
http://www.rothcp.com
DATASOURCE: LJ International, Inc.
CONTACT: Betty Ho of LJI, +852-2170-0001, or