EXHIBIT 99.1

PRESS RELEASE                                       Source: Tag-It Pacific, Inc.

    CORRECTION: TAG-IT PACIFIC, INC PROVIDES GUIDANCE FOR FIRST QUARTER AND
       FULL-YEAR 2005, AND MAY MODIFY INADVERTENTLY RELEASED 2004 RESULTS

LOS ANGELES --April 1, 2005--Tag-It Pacific, Inc. (AMEX:TAG)

Highlights:

         o        Allowances  for doubtful  accounts  receivable for 2004 may be
                  modified
         o        Company  expects 30% revenue growth for 2005 first quarter and
                  40% revenue growth for fiscal 2005 as compared to 2004

Tag-It  Pacific,  Inc.  (AMEX:TAG),  a full service  outsourced  trim management
department for  manufacturers  of fashion  apparel,  today announced a potential
correction to its previously  released  financial results for 2004, and provided
financial  guidance for the  Company's  first  quarter and fiscal year 2005.

On Thursday,  March 31, 2005,  in a conference  call and in a Current  Report on
Form  8-K  filed  after  the  close  of  trading,  Tag-It  Pacific  advised  its
stockholders  that its financial  results for the fourth quarter and fiscal year
ended  December  31, 2004 had been  released  inadvertently,  and are subject to
revision.  Prior to the  inadvertent  release,  the Company had determined  that
continued  discussions with its auditors  concerning certain accounts receivable
were  required to finalize  fiscal year end  numbers.  The Company  noted in its
current report and during its earnings conference call, that resolution of these
discussions  may  require  the Company to provide an  additional  allowance,  as
compared to amounts  reflected  in the  earnings  release,  of between $0 and $1
million. The Company noted that a second earnings release will be issued as soon
as the amount of the allowance adjustment, if any, is determined.

For  the  2005  first   quarter,   management   expects   revenues  to  increase
approximately  30 percent  compared  to revenues  for the first  quarter of last
year.

For all of 2005,  management  expects  revenues  to  increase  approximately  40
percent  compared to annual revenues for 2004. The Company expects gross margins
of 26 to 28 percent for the year.  By the end of the year,  the Company  expects
the Selling,  General and  Administrative  expenses to stabilize between $16 and
$17 million.  The Company expects to report  profitability  by the second fiscal
quarter and maintain profitability throughout the balance of the fiscal year.

About Tag-It Pacific, Inc.

Tag-It  specializes  in the  distribution  of a full  range  of  trim  items  to
manufacturers of fashion  apparel,  specialty  retailers and mass  merchandiser.
Tag-It  acts  as a  full  service  outsourced  trim  management  department  for
manufacturers  of  fashion  apparel  such  as  Kellwood  and  Azteca  Production
International.  Tag-it  also  serves as a  specified  supplier  of trim items to
specific  brands,  brand licensees and retailers,  including Levi Strauss & Co.,
Motherworks, Express, The Limited, Miller's Outpost and Lerner, among others. In
addition, Tag-It distributes zippers under its Talon brand name to manufacturers
for apparel  brands and  retailers  such as Levi Strauss & Co.,  Wal-Mart and JC
Penny,  among others.  In 2002,  Tag-It  created a new division under the TekFit
brand name. This division develops and sells apparel components that utilize the
patented Pro-Fit technology, including a stretch waistband.





Forward Looking Statements:

With the exception of the historical  information,  this press release  contains
forward-looking  statements,  as referenced in the Private Securities Litigation
Reform Act.  Forward-looking  statements  are  inherently  unreliable and actual
results may differ materially.  Examples of  forward-looking  statements in this
press release  include  projected  revenue growth,  gross margins,  and selling,
general and  administrative  expenses,  and anticipated  profitability.  Factors
which could cause actual results to differ materially from these forward-looking
statements  include  an  unfavorable  outcome  in our  litigation  with  Pro-Fit
Holdings relating to our stretch  waistbands,  the unanticipated  loss of one or
more  major  customers,  economic  conditions,  the  availability  and  cost  of
financing,  the risk of a softening  of  customer  acceptance  of the  Company's
products,  risks of introduction by competitors of trim management  systems with
similar or better  functionality than our Managed Trim Solution,  default by our
Talon  franchisees  in their  obligations  to us,  pricing  pressures  and other
competitive factors,  potential fluctuations in quarterly operating results, our
management  of  potential  growth and the risks of  expansion  into new business
areas.  These and other risks are more fully described in the Company's  filings
with the  Securities  and  Exchange  Commission  including  the  Company's  most
recently  filed Annual  Report on Form 10-K and  Quarterly  Report on Form 10-Q,
which  should  be read in  conjunction  herewith  for a  further  discussion  of
important  factors that could cause  actual  results to differ  materially  from
those in the forward-looking statements. The Company undertakes no obligation to
publicly update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.

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CONTACT:
     Hayden Communications, Inc.
     Matthew Hayden, 858-456-4533
     matt@haydenir.com
     www.haydenir.com