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Jeantex Group Announces Acquisition of Yves Castaldi Corp.

Jeantex Group, Inc. (OTC BB: JNTX) (Berlin Stock Exchange: A0F45Q), a corporation engaged in the design, development, manufacturing and marketing of consumer products for apparel markets worldwide, today announced that it has signed an agreement to acquire the majority ownership of Yves Castaldi Corporation.

The Company will acquire 51 percent ownership of Yves Castaldi Corp. (www.yvescastaldi.com) for 10 million shares of Jeantex restricted common stock and $650,000 in cash, which includes provisions for Yves Castaldi Corp.'s working capital. The 10 million shares will be vested on a pro-rated basis, based on a minimum of $10.0 million in revenues and $2.5-$3.0 million in net profit generated by Yves Castaldi Corp. in the next twelve months.

Based in California, Yves Castaldi Corp. designs and markets high end apparel under the 'Just Yves,' 'I Generation' and 'Instinct Yves' brands. The Company's founder, Yves Castaldi, is best known as having spent several decades as a stylist and collections designer for major European and American brands, including Diesel, Levi's Europe, and Buffalo. Castaldi currently designs the premium denim collection in Europe for People of the World. He will continue with the company as lead designer for Just Yves, I Generation, Instinct Yves, and other fashion labels. Yves Castaldi's fashion labels can be found in upscale department stores and boutique stores in the U.S. and Europe. 'Just Yves' is a women's luxury fashion brand with a collection of pants, jackets, shirts, skirts, dresses, vests and tops. 'I Generation' is a premium denim brand for both men and women. Its product offering includes denim pants, shirts, jackets, T-shirts, and handbags.

Henry Fahman, Chairman of Jeantex Group, Inc., said, "We are extremely pleased to announce the acquisition of this exciting fashion brand. We have an incredible opportunity to increase the Yves Castaldi brand presence and product collection in specialty stores and department stores throughout the U.S. and abroad. Yves' design and marketing expertise will prove invaluable to us as we continue to grow our store distribution and our capabilities. We remain focused on diversifying our product offering and will continue to create value for our shareholders as we build our business."

Yves Castaldi, founder and lead designer of Yves Castaldi Corp., said, "I am extremely excited to be expanding my relationship with Jeantex. I look forward to working with the Jeantex team to build upon the growth momentum they've created, sharing their infrastructure and manufacturing expertise to accelerate the reach of the Yves Castaldi brand."

About Jeantex Group, Inc.

Jeantex Group, Inc., through its wholly owned subsidiary Jeantex, Inc., engages in the design, development, manufacturing, and marketing of consumer products for the apparel markets worldwide. The Company also manufactures and markets new lines of uniquely designed high-quality jeans, T-Shirts, and accessories under the "Bone People" trademark, which are being marketed in Germany, Japan, Portugal, Scandinavia, Spain, and the US.

This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.

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