LOS ANGELES, April 24, 2008 (PRIME NEWSWIRE) -- Signature Eyewear, Inc. (OTCBB:SEYE) announced at the company's 2008 annual shareholders meeting that its Carmen Marc Valvo Eyewear Collection was recently voted "Best New Product" at Vision Expo East 2008. The new collection, which begins to ship in May, was on display at the shareholders meeting.
Signature has received this prestigious award for the second year in a row, having won last year for its Nicole Miller Luxury Collection. "We are extremely honored to receive this award from our industry peers," noted Michael Prince, Signature Eyewear's CEO.
In a vote of confidence, over 93 percent of Signature's shareholders voted in favor of re-electing the current Board of Directors at the annual meeting. The election of directors was the only item of business considered by the shareholders at the meeting.
Signature also disclosed at the meeting that earlier this week its prior lender Home Loan Investment Corporation had exercised its warrants to purchase 100,000 shares at 67 cents per share.
About Signature Eyewear
Signature Eyewear is a leading designer and marketer of prescription eyeglass frames and sunglasses under internationally recognized brand names, including bebe eyes, Cutter & Buck Eyewear, Dakota Smith, Hart Schaffner Marx, Hummer Eyegear, Laura Ashley Eyewear, Nicole Miller Eyewear and Carmen Marc Valvo Eyewear. Signature Eyewear's products are sold worldwide to opticians, optometrists and ophthalmologists, and to major retail chains. For information about Signature Eyewear, visit the Company's web site at www.seye.com.
The above news release contains forward-looking statements. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and are subject to a wide range of business risks, external factors and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements. For additional information, please consult the Company's most recent public filings and 10-K. The Company assumes no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise.