Released on = May 12, 2007, 12:00 am

Press Release Author = www.YarnsandFibers.com

Industry = Apparel & Fashion

Press Release Summary = YarnsandFibers.com, the leading provider of Textile Market
Intelligence and Market Development is pleased to announce a partnership with
Confederation of Textile Industry, known as CITI on content sharing.

Press Release Body = YarnsandFibers.com, the leading provider of Textile Market
Intelligence and Market Development is pleased to announce a partnership with
Confederation of Textile Industry, known as CITI on content sharing. The
relationship allows both organizations to exchange market information, conduct
business surveys jointly on the textile industry and publish analyzed industry
intelligence that will benefit the members of both organizations and overall
industry.

YarnsandFibers for the last 9 yrs have been constantly providing updated market
information on price movements, in -depth analyzed reports, Global news, industry
reports, that is used as a powerful tool by yarn - fiber manufacturers and industry
professionals for empowering their business decisions. In our endeavor to
continuously serve the industry with rich knowledge and authenticated information,
YnFx joins hand with CITI.

With growing competition in textile industry, the need for authentic market
information has become the most important factor. The fragmented and dispersed
Indian textile industry needs a strong market information infrastructure to remain
competitive in global markets as well as in Indian markets. With the close
cooperation between YnFx and CITI, comprehensive market intelligence will be made
available at one-stop shop instead of companies sourcing information from fragmented
and incompetent sources.

"Joining hands with CITI allows us to delve deeper into the textile market and
release in-depth analyzed market reports that will be of great value to the growing
industry" says Mr. Sanjiv Khandelwal, CEO of YarnsandFibers.com. "This is a key
opportunity to bring exceptional textile researched reports of global importance to
a wider audience."

"With removal of bilateral quotas on our exports and opening up the domestic textile
and clothing markets to imports, the industry needs reliable information on global
developments in this sector on a regular basis, including the trends in production
and prices of raw materials" says D.K.Nair, Secretary General, CITI. "Data deficit
is a major handicap for our T&C industry and the tie-up with YnFx is part of the
endeavor of CITI to remedy this situation".

About YarnsandFibers
YarnsandFibers.com is an online Market Intelligence and Market Development portal
for the Yarns and Fibers industry. YnFx provides in-depth reports and statistics on
the global Textile Industry including Market Intelligence Reports, Price Trend
Analyses and a dynamic trading zone for producers, traders of yarns and fibers
globally. YnFx focuses on using online and offline mechanism to bring people closer
and deliver maximum value to members. YnFx understands your business needs and
builds an environment for textile professionals to conduct business. YnFx.com
provides users with highly targeted, easy-to-use interface, utilizing advanced
Internet technology. For more information please call - Mini Nair at 91 (22)
66291120 or visit us at www.YarnsandFibers.com

About CITI

Confederation of Indian Textile Industry (CITI) having its head quarters at New
Delhi has been incorporated as a Company under Section 25 of the Companies Act 1956
in May 2005, by broad basing the erstwhile Indian Cotton Mills\' Federation (ICMF).
The efforts of CITI for obtaining policy inputs from the Government targeted at the
overall growth of the textile and clothing sector have helped in shaping Government
initiatives like The Technology Upgradation Fund Scheme, The Technology Mission on
Cotton, the Debt Restructuring Package and significant rationalization of the excise
duty structure for the sector. CITI is an industry chamber representing the entire
textile value chain of all fibre lines. For more details, please visit
www.citiindia.com


Web Site = http://www.YarnsandFibers.com

Contact Details = YarnsandFibers.com
Doulatram Mansion, 4th Floor, St Kittridge Rd, Colaba, India - 400005

Tel No: 91 22 66291050
Fax No: 91 22 22023563

email : mini@ynfx.com