NEW YORK, July 24, 2012 /PRNewswire/ -- Excel
Corporation (OTC Bulletin Board: EXCC), a leader in the licensing
and branding sector, announced today that it has entered into an
exclusive representation agreement with RT Development Holdings,
LLC (RTDH), the latest venture from the prolific artists behind
"Miami Ink" and Creative Director David
Oliver Steinberg. Under the terms of the agreement,
Excel Corp. will act as the exclusive licensing agent for RTDH's
Ruthless Collective and Ruthless & Toothless
brands.
"We are very excited to be working with the artists at
Ruthless," said Robert Stone, VP
Licensing at Excel Corporation. "Their passion for the brand and
connection to the pulse of street-wear is uncanny. We look
forward to meeting the consumer demand for these talented artists'
unique creative sensibilities."
Excel Corp. will be pursuing a variety of licensing
opportunities that relate to RTDH's mission of "creating great
products that enhance peoples' lives."
"Thrilled does not begin to explain our excitement for this new
chapter. We've been working on this collection for months and are
happy to finally have it rollout. We are ready to deliver
fresh and exciting design to our fans around the world," said
David Oliver Steinberg, CEO and
Creative Director at RT Development Holdings LLC. "Excel Corp. is
an ideal strategic partner for RT Development, given its history of
success and savvy management team."
RTDH currently has a new television show in development starring
its artists: Chris Garver,
Darren Brass, James Hamilton, Yojiro
Harada, and David Oliver
Steinberg.
About RT Development Holdings LLC
RT Development Holdings LLC (RTDH) is a Florida-based corporation which operates
within the broadcasting, internet, publishing, merchandising and
licensing sectors. RTDH's mission is to build a dynamic operating
company which enables the cross-promotion of its content and
products. The company's initial collections are, Ruthless
Collective, an eclectic product line of men's and women's
apparel and accessories, and Ruthless & Toothless, a
children's apparel and accessory line which reflects today's
streetwear culture.
About Excel
Excel is a publicly traded licensing, merchandising, and
distribution company focused on brining national and international
brands to the retail marketplace through licensing opportunities
including the representation of brands, trademarks, designers,
events, personalities and sports of high standing in the industry.
Excel's key executives have over 30 years of licensing experience
and have established programs at retail which have generated sales
of over one billion dollars
cumulative.
Note: This news release contains "forward-looking statements"
within the meaning of the federal securities laws and is intended
to qualify for the Safe Harbor from liability established by the
Private Securities Litigation Reform Act of 1995, including
statements regarding Excel Corporation's current and intended
operations and restructuring plans. These plans and statements are
based on management's estimates and assumptions with respect to
future events and are believed to be reasonable, though are
inherently uncertain and difficult to predict. Actual results could
differ materially from those projected as a result of certain
factors. Excel Corporation undertakes no obligation to publicly
update any forward-looking statement, whether as a result of new
information, future events or otherwise.
For further information on licensing and branding opportunities
with Excel please contact:
SOURCE Excel Corporation