Panglobal Brands Gearing Up For Growth

LOS ANGELES--(Business Wire)--
Panglobal Brands Inc. (OTCBB:PNGB) recently moved into its new
18,200 square foot facility in Los Angeles, California, a combined
design center and administrative headquarters. In line with the
company's strategy of building a series of apparel brands, the design
center has been organized so that each brand operates as a distinct
unit starting with creative design, graphic design and patternmaking
through to merchandising, marketing and sales. In addition, the
Company has three corporate showrooms-two in New York and the other in
Los Angeles. In our SoSik and junior business, we design, manufacture
and sell junior sportswear, t-shirts, dresses and other women's
apparel. In New York, the company's showroom for the Sosik division is
at 530 7th Avenue on the 27th Floor. This building is recognized as
the center of the junior apparel business in New York. In Los Angeles,
the company's corporate showroom for the Sosik division is at
California Market Center, 110 East Ninth Street.

Our contemporary divisions consist of Hauteur Mynk denim, Nela and
Tea and Honey. Hauteur Mynk represents our trademarked brand name for
the company's premium denim jeans, skirts, dresses and shorts. Nela
designs, merchandises and sells women's premium dresses using Italian
prints and related fabrics. Tea and Honey designs, merchandises and
sells women's mid-priced contemporary dresses and sportswear. The
company has a corporate showroom in New York for the Nela, Mynk, and
Tea and Honey divisions at 250 West 39th Street. In Los Angeles,
Dallas and Atlanta, we have under contract four independent sales
showrooms representing our Mynk, Nela and Tea and Honey brands as well
as the newest addition to our stable of brands, Haven dresses.
Independent sales showrooms carry other apparel brands and bring
access to additional customers.

We currently have 55 full-time employees: two (2) are executive,
nine (9) are design staff, eighteen (18) are production staff, sixteen
(16) are sewing staff, five (5) are sales staff and five (5) are
accounting/administration staff.

"We believe that our strategy of having diversified brands from
contemporary through juniors gives us a competitive edge in being able
to create products using the most up-to-date fabrics and designs. This
allows us access to design products that have incredible retail value
for our customers at different price points and to achieve additional
sales revenue," said Stephen Soller, Chief Executive Officer of
Panglobal Brands Inc.

About Panglobal Brands Inc.

Panglobal Brands, Inc. is committed to building a diverse stable
of apparel brands, capitalizing on opportunities to participate in the
hottest fashion trends as they happen. Our business strategy is to
create a balance with dynamic branded products and the traditionally
more stable private label apparel business by selling branded products
through specialty retailers and by running a private label division
catering to department store chains. Our current brands include: Mynk,
a high-end, high-fashion denim brand selling at specialty retailers
and Saks 5th Avenue; Nela, an upscale contemporary print dress label;
Tea & Honey, a casual ladies wear collection that's ready to burst
onto the scene later this year; and, So Sik, which represents
affordable fashions for the burgeoning junior market.

This strategy plus a management team with significant apparel
industry experience, enables Panglobal Brands to bring eye-popping
product lines to market at competitive price points.

Forward-Looking Statements

This news release contains "forward-looking statements."
Statements in this press release, which are not purely historical, are
forward-looking statements and include statements concerning the
Company's business outlook or future economic performance, anticipated
revenues, expenses or other financial items; product introductions and
plans and objectives related thereto; and assumptions or expectations
relating to any future events, conditions, performance or other
matters. Such forward-looking statements include, among others, that:
(i) we will create products using up-to-date fabrics and designs and
achieve additional sales revenue ; (ii) build brand recognition by
marketing our products to fashion conscious consumers; (iii) we plan
to update our product offerings continually to be seen as a trend
setter in fashionable clothing and accessories. (iv) our Tea & Honey
products will burst onto the scene later this year.

Forward-looking statements are subject to risks, uncertainties and
factors include, but are not limited to, the nature of the apparel
industry, including changing customer demand and tastes, seasonality,
customer acceptance of new products, the impact of competitive
products and pricing, dependence on existing management, general
economic condition. Readers should also refer to the risk disclosures
outlined in the Company's quarterly reports on Form 10-QSB, annual
reports on Form 10-KSB and the Company's other disclosure documents
filed from time-to-time with the Securities and Exchange Commission
available at www.sec.gov.

The Company assumes no obligation to update the information in
this release.

Panglobal Brands Inc.
Stephen Soller, Chief Executive Officer
(323) 588-1190
or
Charles Lesser, Chief Financial Officer
(323) 588-1190

Copyright Business Wire 2008