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Innovo Group Inc.

Profiled Feb 24th at $1.15

Innovo Group Inc. designs, markets, manufactures and distributes fashion and sports licensed nylon and canvas products for the multi-billion dollar crafts industry and retail sector in the United States and Europe. Under licensing agreements, the Company's sports lines feature the designs of the NBA, NFL, Major League Baseball, Garfield, NHL, numerous collegiate teams, Walt Disney and Warner Brothers. Innovo also has certain exclusive and non-exclusive manufacturing and distribution rights for NASCAR licensed products.

Jan 27 00..."The opportunities at Innovo are tremendous, and I'm excited to be joining such a rapidly growing, dynamic organization. I want to help continue the growth of Innovo's strength in our core markets," said Moore. "One of my foremost objectives as vice president of Retail Sales will be to maximize the visibility and name recognition of the Innovo brand and its expanding product line."

Feb 17 00..."The management team at Innovo has delivered remarkable results this year, introducing new products and continuing the financial growth of the company," Dr. Looney commented. "Innovo is uniquely positioned to deliver new cut and sewn products and to be a market leader."

For the nine months ended 8/99, revenues rose 63% to $9.5 million. Net loss from continuing operations fell 98% to $15 thousand. Results reflect a $2.5 million sale to a national car rental company.

We at Momentum Traders Network feel that Innovo will be expanding their Internet Sales Efforts in the very short term, this would include possible marketing agreements with the Bignamed Internet Service Providers, as well as with Disney.

52-Week Low on 29-Dec-1999 $1.00

Recent Price $1.156

52-Week High on 25-Feb-1999 $4.375

Beta 1.24

Daily Volume (3-month avg) 35.3K

Daily Volume (10-day avg) 25.0K

Market Capitalization $7.28M

Shares Outstanding 6.30M

Float 4.70M