August 27, 2008
Superior Precious Metals Launches Redesigned Website
DGSE Companies, Inc. (AMEX: DGC), which wholesales, retails and auctions fine watches, jewelry, diamonds, precious metals and rare coin products via traditional and internet channels, today announced a significant enhancement of the internet presence of its subsidiary Superior Precious Metals, Inc. ("SPM").
With the release today of SuperiorPreciousMetals.com, SPM now has one of the most comprehensive precious metals and rare coin websites in the industry. Real-time prices for gold, silver, platinum and palladium combined with substantial current research materials and extensive inventory make the website particularly useful to both experienced and novice investors.
DGSE Companies, Inc. wholesales retails and auctions jewelry, diamonds, fine watches, and precious metal bullion and rare coins products to domestic and international customers through its Dallas Gold and Silver Exchange, Charleston Gold and Diamond Exchange, Superior Galleries, Superior Precious Metals and National Jewelry Exchange subsidiaries and well as through the Internet. DGSE also owns Fairchild International, Inc., one of the largest vintage watch wholesalers in the country. Wholesale customers can access our full vintage watch inventory through the restricted site at www.FairchildWatches.com. In addition to its retail facilities in Dallas and Euless, Texas; Charleston, South Carolina; and Woodland Hills, California, the Company operates live Internet auctions which can be accessed at www.dgse.com and through Superior Galleries' website at www.sgbh.com. Real-time price quotations and real-time order execution in precious metals are provided at www.USBullionExchange.com and through www.superiorpreciousmetals.com. DGSE also purchases precious metals, rare coins, watches, diamonds and jewelry through www.Americangoldandsilverexchange.com and over 900 supporting websites and through Superior Estate Buyers. The Company also makes collateralized consumer loans at two National Pawn locations in Dallas, Texas.
The Company is headquartered in Dallas, Texas and its common stock trades on The American Stock Exchange under the symbol "DGC."
This press release includes statements which may constitute "forward-looking" statements, usually containing the words "will,""believe,""estimate,""project,""expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of DGSE's products and services in the marketplace, competitive factors, the risks associated with business combinations, industry factors (including competition, fluctuations in interest rates and bullion values), dependence upon third-party vendors, and other risks detailed in the DGSE's periodic reports filed with the Securities and Exchange Commission. The actual results or performance by DGSE could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of DGSE. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.