Tefron's shareholders may obtain, free of charge, a printed copy of Tefron's complete audited financial statements for the year 2007 by sending a request to the Company's General Counsel, Michal Baumwald Oron (email: bomichal@tefron.com), or by calling 972-3-9230215.
Tefron LTD Reports 4th Quarter and Full Year 2009 Resul... (28/03/10) Read
Tefron Reports First Quarter 2006 Results... (08/05/06) Read
Tefron Reports Fourth Quarter and Full Year 2005 Result... (08/03/06) Read
Tefron LTD. Reports Third Quarter 2005 Results... (07/03/06) Read
Tefron LTD. Reports 2005 Second Quarter and Six Month... (09/08/05) Read
Tefron LTD. Reports First Quarter 2005 Results... (09/05/05) Read
TEFRON LTD. ANNOUNCES NEW CENTER OF EXCELLENCE,
Misgav, Israel – May 16, 2006 – Tefron Ltd.
(NYSE:TFR; TASE:TFRN), announced today the launch of a joint Center of
Excellence with Nike, located at Nike’s world
headquarters in Beaverton, Oregon. TheCenter of
Excellence will focus
on integrating innovation and technology into garment manufacturing, on creating
first rate products and on leveraging market trends.
Through
this joint and strategic partnership, it is intended that Tefron will serve as
Nike’s primary source in the development and manufacture of Nike’s seamless
products. The Center of Excellence is the result of close
collaboration between Nike and Tefron and will be responsible for all aspects of
product commercialization for Nike Global, Seamless and Pro projects.
Yos
Shiran, CEO of Tefron, commented on the announcement:
“We are very pleased with this strategic step, which we see as a significant
milestone in our growing cooperation with Nike.Nike is a world leader in Sport apparel
and in the fast growing performance seamless apparel segment. We are excited to
be chosen by Nike as its primary source for seamless products, and we see a
significant potential to increase our active-wear revenues as a result of this
collaboration with Nike upon implementation of this new initiative.”
About
Tefron
Tefron manufactures boutique-quality everyday
seamless intimate apparel, active wear and swim wear sold throughout the world
by such name-brand marketers as Victoria’s Secret, Nike, The Gap, Banana
Republic, Target, Warnaco/Calvin Klein, Patagonia, Reebok and El Corte Englese,
as well as other well known retailers and designer labels.The company’s product line includes
knitted briefs, bras, tank tops, boxers, leggings, T-shirts, nightwear,
bodysuits, swim wear, beach wear and active wear.
This
press release contains certain forward-looking statements with respect to the
Company’s business, financial condition and results of operations. These forward
looking statements are subject to risks and uncertainties that could cause
actual results to differ materially from those contemplated in such
forward-looking statements, including, but not limited to, fluctuations in
product demand, changing economic conditions, lower prices as well as certain
other risks detailed from time to time in the Company’s filings with the
Securities and Exchange Commission. The Company undertakes no obligation to
publicly release any revisions to these forward-looking statements to reflect
events or circumstances after the date hereof or to reflect the occurrence of
unanticipated.
2006 Tefron All Rights Reserved