GlobalTex: LA International Textile & Sourcing Fair

David Pennes Named Vice President of New Business Development

DALLAS – October 23, 2008 – Market Center Management Company (MCMC), the management company of leading wholesale trade centers and trade events around the world, today announced David Pennes will join the company as vice president of new business development beginning November 4. His immediate responsibilities will include general management of all aspects of GlobalTex: LA International Textile & Sourcing Fair, including sales, marketing, attendee acquisition, and operations. He will be based in Los Angeles and report to Cindy Morris, chief operating officer.

“David’s impressive track record of creating and managing leading trade events is matched by his vast industry knowledge and international business expertise,” said Cindy Morris. “We enthusiastically welcome him to the team.”

Pennes will join MCMC from Advanstar Communications Inc./MAGIC International where he holds the position of show director/international sales manager. He is a highly experienced and well-rounded international sales, marketing and management executive who has spent more than 30 years in the apparel business in a variety of roles including retailer, buyer, sourcing merchandiser, sales executive, marketer and tradeshow director. Pennes has spent more than nine years with Advanstar Communications Inc./MAGIC International where he created the trade event “Sourcing at MAGIC,” one of the largest apparel and fabric sourcing events in North America.

Pennes has also worked as director of international business development for Red Herring Events; director of marketing for the men’s apparel manufacturer, TC Group, Inc.; vice president of sales for the trade exposition company, Interexpo; president of the apparel fashion brand, NRG, Inc.; and buyer and divisional store manager at R.H. Macy’s.

“I am pleased and honored to accept this incredible opportunity and to join this dynamic organization. GlobalTex will be the single most important and effective fashion and textile sourcing event in the United States, bringing together the leading global resources all in one place, all at one time,” said Pennes. “Presented from Los Angeles, the fashion cultural center of the United States, and through the established global reach of Market Center Management Company we are going to place GlobalTex on the international stage as the must-attend show that translates trends into business decisions.”

GlobalTex, the next generation tradeshow for fashion design and production, will launch April 28 – 30, 2009 at the Los Angeles Convention Center (LACC). GlobalTex is the only tradeshow in the United States featuring a balanced international collection of weavers and textiles, trends and technology from four continents: South America, North America, Europe and Asia. The show will attract top manufacturers, designers, product developers, retailers and wholesalers to Los Angeles by offering leading products, helpful services, and practical seminars needed to support the global fashion and design industries. GlobalTex is endorsed by the Textile Association of Los Angeles (TALA).

GlobalTex is led by a team of accomplished staff in Los Angeles with support from the central office in Dallas. With extensive experience in developing and managing large-scale exhibitions globally, the staff is currently recruiting both manufacturers and buyers domestically and internationally.

Make plans now to attend GlobalTex in Los Angeles on April 28 – 30, 2009 and October 13 – 15, 2009 at the Los Angeles Convention Center. Attendees may contact MCMC’s in-house travel agency for substantial travel and hotel discounts by calling (866) 878-8778. For more information on GlobalTex visit GlobalTex.com.

About MCMC

Market Center Management Company (MCMC) is an international market center and tradeshow management company based in Dallas, Texas. MCMC and its owner, Crow Holdings, own or manage market centers and trade shows on four continents – Asia (ShanghaiMart), Europe (Brussels International Trade Mart), North America (Dallas Market Center and GlobalTex), and South America (LatinAmerican Trade Mart) totaling more than 12 million square feet, more than any other single company. In the United States, MCMC manages the world’s largest wholesale merchandise mart – Dallas Market Center. Within the MCMC marts and trade shows, buyers from around the globe source products ranging from home furnishings, gifts, decorative accessories and lighting to textiles, fashion accessories and apparel. With dozens of trade events each year attended by hundreds of thousands of buyers from all 50 states and more than 84 countries, MCMC trade events offer hundreds of events and seminars geared toward expanding business and increasing profits. MCMC’s Web site is available at MarketCenterManagement.com.

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Endorsed by:

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