Panglobal Brands SoSik and Junior Divisions Take-Off

Business Wire, Feb 20, 2008

LOS ANGELES -- Capitalizing on their expertise and relationship with veteran apparel entrepreneur Mark Cywinski, Panglobal Brands Inc. (OTCBB:PNGB) commenced shipping its SoSik brand and private label junior apparel to customers including Charlotte Russe, Forever 21, Wet Seal, Urban Brands, The Buckle, Mandee, American Rag and YM Canada. The line includes both knit and woven tops, dresses, skirts and sweaters.

The keys to success in the juniors business, which has been described as "fast fashion", are speed to market and continually keeping the products new, fresh and part of what is in fashion. Most of the SoSik garments are imported from Asia from designs and fabrics created locally. Styles and designs are continually changing and being updated as part of a ten delivery per year program to deliver new fashion and constant variety.

The skirts and dresses feature strong prints exclusive to SoSik in a palette of fun colors to appeal to the junior market which includes young women ages 15-24. Tops, T's, cap sleeve blouses continually change in design and color to drive new purchases. According to Cywinski, "SoSik products are designed to look like more expensive fashion garments, but provide terrific value for the junior shopper's more modest budget. SoSik is affordable clothes that allow a young woman to wear three different outfits in a day for the price of one outfit."

Panglobal Brands Inc. currently has sales orders totaling $4.32 million for deliveries to retail stores from now to the end of May, 2008 for its SoSik and junior apparel product lines with new sales orders being booked every week. Elapsed time for manufacturing is 90 days from purchase order to delivery to the retailer.

"We anticipate that greater than 70% of our revenue for our fiscal year ending September 30, 2008 will be from SoSik and junior products," 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, SoSik, 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 ship our products which commenced shipping SoSik brand and private label junior apparel to customers including Charlotte Russe, Forever 21, Wet Seal, Urban Brands, The Buckle, Mandee, American Rag and YM Canada; (ii)that our SoSik Styles and designs are continually changing and being updated as part of a ten delivery per year program to deliver new fashion and constant variety; (iii) greater than 70% of our revenue for our fiscal year ending September 30, 2008 will be from SoSik and junior products; (iv) that we will ship our sales order totaling $4.32 million through May and that new orders come in every week; and, (v) 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.