Trim management company Tag-It Pacific Inc on Tuesday said its Talon Division has signed its fifth franchise deal.

The three-year deal with a manufacturer in South East Asia, includes a $6.75 million minimum purchase agreement for the period. Production and orders under the agreement are expected to begin by the second quarter of 2005.

Colin Dyne, Tag-It Pacific's chief executive officer,said that the company had accomplished nearly a quarter of its goal of signing 17 franchisees throughout Asia within two months.

Tag-It specialises in the distribution of a full range of trim items to manufacturers of fashion apparel, specialty retailers and mass merchandiser.