I hope that everybody
loves the clothing as much as we do; we have really put our hearts into
developing these fashions.

Except for historical information contained herein, the statements in this
release are forward-looking and made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. The company's patented technology delivers
superior durability and performance without compromising the look,
feel or comfort of fabric, a unique benefit which has driven brand and
consumer adoption of Nano-Tex products.
"Today, Nano-Tex is making dramatic improvements in everyday
apparel and textiles," said Donn Tice, Nano-Tex CEO.

carefree trendy

sportswear dresses

----Nano-Tex, a
leading fabric innovation company providing textile enhancements to
the apparel and interior furnishing markets, announced today it has
raised $35 million from current and new investors. We view
this as market feedback on our strategy, growth plans, and success to
date.

silk renfro

Nano-Tex, the first company to bring nanotechnology to the textile
industry, has licensed more than 80 textile mills worldwide to use its
treatments in products sold by more than 100 leading apparel and
interior furnishing brands. The company also has established a foothold in
the interior furnishings market, with products used in home and
commercial fabric applications, including bedding, drapery and
upholstery. Nano-Tex is privately-held, with venture backing from WL Ross
+ Co. www.

marketplace wholesalers

marketplace modeling

"
"Jason Rabin, Cory Silverstein, and I worked closely to conduct a very
thorough search to find the company that not only would best represent our
professional interests but also was a well-respected brand in the industry. Ross noted, "Nano-Tex is playing a significant
role in performance-enhanced garments, the fastest growing segment of
the apparel market. We believe that
the company's potential is very large, and that Nano-Tex will bring
its real-world, practical approach to many more applications and
markets.

embroideries sportswear

Tarrant Apparel Group Signs License Agreement With Beyonce and Tina Knowles' Clothing Line House of Dereon

Nano-Tex Secures $35 Million Series-A Round To Drive Development Marketing Global Expansion of Fabric Innovations

sportswear dots

"The excitement surrounding the potential of nanotechnology is
almost deafening," said Jeff Crowe, venture partner, Norwest Venture
Partners.

socks dresses

Nano-Tex will use
the new funding to drive product development, geographic expansion and
marketing. "With new
resources from our investors, we will continue to aggressively build
upon the value we bring to the industry, setting the standard in
product development, consumer -focused marketing and global service. The
company's products include Resists Spills (liquid-repellent ), Coolest
Comfort (moisture wicking for synthetics and wrinkle-free cotton),
Resists Static (first permanent anti-static treatment for synthetics)
and Repels and Releases Stains (market's best-performing anti-stain
treatment).

styling lingual

"
Norwest Venture Partners was particularly attracted to Nano-Tex
because of its current success in the marketplace. We are witnessing the tip of the iceberg for the company .

lingual sportswear

Beyond Productions, LLC was founded in May 2004 by Tina and Beyonce
Knowles, Jason and Arthur Rabin and Cory Silverstein of Wear Me Apparel/Kids
Headquarters.
There can be no assurance that these conditions will be satisfied, that the
sale transaction will be consummated or that the Company will use the proceeds
from the financing transaction as anticipated."
Tice added, "We feel very fortunate that market demand for
investment in the company was well above what we felt appropriate to
raise, resulting in a substantially oversubscribed offering.

carefree renfro

The young contemporary women's line , which is expected to launch
in time for holiday delivery at better specialty stores worldwide, will
feature ready-to-wear, casual sportswear, and denim offerings. Forward-looking
statements are inherently unreliable and actual results may differ materially. 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., Norwest Venture Partners, Howard Hughes Medical Institute,
Masters Capital, and Firelake Capital Management.

bryant suzhou

To date, more than 80 textile mills
worldwide are utilizing Nano-Tex treatments in products sold by more
than 100 leading apparel and interior furnishings brands , including
Gap, Old Navy, Lee, Nike, Champion, Levi and Simmons.nano-tex.

silk carefree

, has signed an exclusive license agreement with Beyond Productions and
Kids Headquarters to collaborate on the design, manufacturing and distribution
of House of Dereon brand apparel, founded by Beyonce Knowles and her mother,
Tina Knowles. Beyonce will have an active role in supporting and marketing the
brand and we look forward to working with her and her mother. The design alliance
features three co-creative directors, Beyonce and Tina Knowles, and Heather
Thomson Schindler.

New investors include leading venture firm Norwest Venture
Partners, and renowned scientific research organization Howard Hughes
Medical Institute.

About Nano-Tex

Nano-Tex is headquartered in Emeryville, Calif., with operations
in Greensboro, NC; Milan; Istanbul; New Delhi; Hong Kong; and Osaka
and Seoul.

eyewear carefree

We
wanted a company that would share our vision and meet our expectations for the
launch of House of Dereon.

"
Tarrant Apparel Group serves specialty retailers, mass merchants, national
department stores , and branded wholesalers by designing, merchandising,
contracting for the manufacture of, and selling casual and well-priced apparel
for women, men, and children.

This category lists sites from individuals , companies and organizations, offering products and services pertaining to apparel, accessories, footwear , hair and garment decorations, jewelery, and eyewear.

The sites cover design, manufacturing, modeling , and presentation aspects of the industry.

modeling dresses

Barry Aved, President and CEO of Tarrant Apparel Group , commented, "House
of Dereon adds a very exciting new dimension to our growing portfolio of
private brands, which includes American Rag, Cie, Alain Weitz large sizes, and
Gear 7 brands."
Nano-Tex offers a family of textile enhancements that become
inherent to the fabric to deliver superior performance characteristics
without compromising the comfort, look or feel of the fabric.

aprons 240

With the addition of the Knowles' family inspired apparel, our
private brand strategy will reach another consumer through a new distribution
channel. Nano-Tex has
expanded its market presence into apparel for men, women and children,
with products ranging from activewear and uniforms to business attire
and casual clothing.

dots trendy

"
Financier Wilbur L. Nano-Tex develops and markets a family of
nanotechnology-based textile treatments that dramatically improve the
performance of everyday fabrics.

sportswear eyewear

We are confident
that Beyonce's international popularity coupled with our strength in brand
development will generate unique, fashion forward clothing for contemporary
young women worldwide.

embroideries dots

Examples of forward looking statements in this news release include the
anticipated consummation of the financing transaction in December of 2004 and
the Company's intended use of the proceeds from the financing transaction . We believe that with further research, development
and global expansion, Nano-Tex will be the catalyst for innovation in
the textile industry at large, providing a valuable ingredient for
differentiation and market growth.

suzhou modeling

com

sportswear eyewear

Business Editors

EMERYVILLE, Calif.

carefree bryant

LOS ANGELES , Tarrant Apparel Group
(Nasdaq: TAGS), a leading provider of private label and private brand casual
apparel, today announced that its wholly-owned subsidiary, Private Brands
Inc. The partnership will provide the infrastructure for licensing
and brand management to House of Dereon. Previous investors participating in the Series-A
round include WL Ross + Co. "Nano-Tex is one of the few nanotechnology companies with
real products, real customers and real revenue today.

embroideries decorations

Beyonce Knowles commented , "It is such a rewarding feeling to be part of
something that both my mother and I really believe in. This collaboration was orchestrated
by Tina and Beyonce Knowles who wanted to bring trend-setting style and a
creative take on fashion to stylish women everywhere.
Factors which could cause actual results to differ materially from these
forward-looking statements include satisfaction of conditions to closing of
the financing transaction, including conditions that are outside of the
parties ' control such as approval of the transaction by the Company's senior
secured lenders, and unexpected liabilities or obligations which become due.

totes styling

We feel that Tarrant Apparel Group really
understands our creative inspiration and will handle efficiently the
production and distribution of the line ," Tina Knowles said. LLC, who also led the new round, Masters
Capital and Firelake Capital Management .
Since the beginning R+D collaboration between Nano-Tex and
Burlington in 1998, Nano-Tex introduced its first product in 2000 and
has continued to be a leader in textile innovations. Products with
Nano-Tex enhancements are sold throughout North America, Asia and
Europe.

styling sportswear

---

- - kjjkjk

Loading...

(Note: These pages use the Atlas Content Safeguard System (ACSS) and require that Javascript is enabled for viewing.)