NEWS RELEASE

New York - Geneva


MODA International Marketing adds CHIEF OPERATING OFFICER position


New York. New York — May 10, 2006

Michelle Alfandari, founder and president of MODA International Marketing (New York - Geneva) is very pleased to announce that Martin Ochs is joining MODA as its COO. Mr. Ochs joins MODA after 20 years as an attorney in private practice. He was formerly senior partner in the Manhattan-based firm of Ochs & Goldberg, LLP, a law practice which he founded. Prior to joining MODA, Martin served as its lead outside counsel.

“I am delighted that Martin is joining MODA to take over the day-to-day operations of the company. He is already familiar with our business and the MODA team and I know he will be a positive and synergistic addition to the company. The competencies he brings to MODA ­ including finance, management, business law and marketing as well as his outside interest in car collecting and drag racing - ensures he will be adding another dimension to the existing professional, talented and results-oriented group at MODA.” Says Michelle Alfandari.


About MODA International Marketing, Inc.:

MODA International Marketing is a full service licensing and marketing company with offices in New York and Geneva. MODA specializes in the global representation of brands, trademarks, patents, technology and ingredients. MODA offers its broad client base customized strategic planning, implementation and management of turnkey international licensing programs.

For 18 Years, MODA has distinguished itself by identifying dynamic opportunities to strengthen and extend client brands throughout the global marketplace. MODA is proud to have delivered untapped profits across diverse industries and distribution channels for the following major brands:


The New York Times*; Le Tour de France (ASO)*; Champion® Athleticwear (a division of Sara Lee Corporation)*; Champion Europe*; Coty, Inc.*; Trader Vic’s (NUBECO Corporation)*; Lycra®, Coolmax®, Thermolite®, Tactel®, Supplex®, Cordura®, Aquator® (Invista)*; Bollé®, Bushnell® and Tasco® (Bushnell Outdoor Products)*; Design in America™ and National Trust for Historic Preservation®*; Unipal Corrugated Pallets (Mondi-Anglo American plc)*; Ritz Hotel Limited — Ritz Paris; Better Homes and Gardens (Meredith Corporation); Snap-on Tools; Mack Trucks, Inc; Victoria and Albert Museum-London; and AskJeeves.

*Indicates current clients