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Friday, April 01, 2011 4:16:27 PM
http://www.otcmarkets.com/stock/BRAV/news
BRAVADA Completes Its 2010 Fiscal Year with Continued Quarter over Quarter Sequential Revenue Growth and Anticipates Accelerated Growth for Fiscal Year 2011
LOS ANGELES, Jan 04, 2011 (BUSINESS WIRE) -- BRAVADA International Ltd. (www.BravadaLtd.com) (Pink Sheets: BRAV) announced today that its Q4 and full fiscal year 2010 revenue continued to grow sequentially with very strong December, Q4 and full year 2010 revenue growth. Sales of its women's activewear remained strong throughout December even into the last full week after the December 25th Holiday. BRAVADA experienced revenue growth across all of its product categories and expects growth to continue into Q1 2011 and throughout the 2011 fiscal year. Full year 2010 and Q4 2010 financial results are expected to be released shortly at OTCMarkets.com. BRAVADA has a number of growth drivers planned in Q1 that it expects will continue to grow its revenue sequentially, significantly expand its gross margins in addition to organic revenue growth. These Q1 plans include expanding its online ecommerce enterprises, growth of its women's activewear ecommerce website, www.BravadaWomen.com, additional BRAVADA Women's Athletica retail store openings and more, details of which shall be provided to shareholders shortly.
BRAVADA regards itself as having a distinct competitive advantage over its competitors in the online ecommerce space as all development including customized HTML/CSS code, Photoshop, graphical design and Search Engine Optimization (SEO) is done by BRAVADA's CEO Danny Alex. Developing a website similar to BravadaWomen.com is estimated to cost in excess of $150,000 but actually cost BRAVADA less than $2,500.00. BravadaWomen.com currently enjoys first page placement on Google in some coveted keywords such as "women's activewear," "women's gym wear," "sexy fitness clothes," "sexy gym wear," "sexy workout wear," "female yoga clothes" and many more after only a few months in operation. Because of this inherent competitive advantage and proven commercial success of its ecommerce websites, BRAVADA is in the process of significantly growing its online ecommerce enterprise beginning in Q1 2011 and will provide material developments shortly.
About BRAVADA
BRAVADA owns and operates BRAVADA Women's Athletica, a women's activewear, women's fitness wear and Brazilian fitness wear retail brand and store as well as BravadaWomen.com, its online ecommerce shopping mall.
www.BravadaWomen.com www.OnlyLeggings.com www.BravadaLtd.com
This news release may contain statements about future expectations, plans, prospects or performance of BRAVADA International Ltd. that constitute forward-looking statements for purposes of the safe harbor Provisions under the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as BRAVADA or its management "believes," "intends," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
SOURCE: BRAVADA International Ltd.
CONTACT:
BRAVADA International Ltd. Danny Alex, CEO 310-717-1003 Bravada@BravadaLtd.com
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