September 2010 - Avalon Assisted Total Apparel Group Filing Form 10

September 2010 - Avalon Assisted Total Apparel Group Filing Form 10

TAG Files Audited Financials and Form 10 with SEC

Listing Upgrade Process Now Formally Underway

New York, New York – September 2, 2010 – Total Apparel Group, Inc. (“TAG” or the “Company”) (OTC Pink: TLAG), a master distributor and licensee of market-leading international trademarks in the branded apparel, footwear and accessories sectors, announced today it has completed its audit process and filed with the SEC audited financial statements for the years ended December 31, 2008 and December 31, 2009, and the six months ended June 30, 2010.

Concurrent with this action, the Company filed its Form 10 with the SEC; this is the initial general form for the registration of securities, and is the first step towards upgrading the Company’s stock listing to the Over-the-Counter Bulletin Board.

In the coming days TAG will provide its shareholders with a comprehensive update on operations to date, and on the future outlook of the Company.

About Total Apparel Group, Inc.

Total Apparel Group, Inc. (OTC Pink: TLAG) aims to become the leading product licensing, brand management and retail development partner for pre-eminent sports, entertainment and lifestyle brands in the U.S. TAG recently leapt to global prominence with its selection as the official U.S. Master Distributor of FIFATM and FIFA World CupTM Licensed Product. For the first time in its 104-year history, FIFATM – governing body of soccer, the world’s most popular sport – is launching an official collection of merchandise.

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FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

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