This is a very interesting development, due to the fact that when I interviewed them for KEXP, they gave no impression they were going to be doing anything huge. In fact, direct from the interview:

Any big plans to cross the water and move to Seattle now?

Kyle and Conor are high school juniors, so moving to Seattle is out of the question until they graduate. However, I’m a senior this year and I’m moving to Seattle in the fall, where I’ll study Journalism. How we keep the band together is another story, but trust me, we’ll still play shows. School has always been an obstacle but not a roadblock, and that won’t change.

While we're in New Faces land on the Imaginary Blog, here is the full interview if you are interested:
http://blog.kexp.org/blog/?p=5069

Here's the official press release:

Loveless Records Signs Local Favorite New Faces!

Loveless Records is proud to announce New Faces as the newest (and youngest!) members of the Loveless family.

new faces

Just a short ferry ride from Seattle, in the small town of Port Townsend, big things are happening. Three teenagers, lead singer/guitarist Nico Janssen (18), bassist Kyle Hove (17) and drummer Conor Sisk (16), make up the band New Faces, who have stepped into the scene impressing critics with their considerable musical talents.

But don’t let their ages fool you. Their sound has the undeniable maturity of veteran musicians. This is in large part due to their clever lyrics, unique rhythms, and Nico’s, deeper ranged vocals.

When New Faces became the winners of the 2008 Sound Off! competition, the Experience Music Project's 21-and-under battle-of-the-bands , they made a name for themselves on the Seattle music front.

Seattle P-I writer Athima Chansanchai said this about the New Faces performance after they won.
“Some bands you see for the first time and realize they're going to be big some day”

During the final round of Sound Off!, the CW's Underground created a documentary of the four finalists. Here is the New Faces documentary, before they won the entire competition.

Riding the wave of success after Sound Off!, New Faces landed performances at Seattle’s biggest summer music festivals – Bumbershoot and The Capitol Hill Block Party.

Their debut album “Two Years” is due out on Loveless Records on August 26th. Summer tour dates are listed below with more with more to be announced.

New Faces Tour Dates

New Faces
Thu, Jul 10 Port Townsend, WA @ Concerts on the Dock – 6:00pm
Fri, Jul 11 Tacoma, WA @ Bob’s Java Jive w/ The Freakouts, Paris Spleen – 9:00pm
Sat, Jul 12 Portland, OR @ Chaos Café and Parlor – w/ Patterns – 9:00 pm
Mon, Jul 21 Eureka, CA @ Boiler Room – 8:00pm
Wed, Jul 23 Eugene, OR @ Luckey’s – 9:00pm
Thu, Jul 24 Salem, OR @ Coffee House Café – 7:00pm
Sat, Jul 26 Seattle, WA @ Capitol Hill Block Party – 3:00pm
Sun, Jul 27 Seattle, WA @ 107.7 The End’s Young and the Restless in-studio – 8:30pm
Sat, Aug 30 Seattle, WA @ Bumbershoot – 12:30pm