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FORT LAUDERDALE, FL -- (MARKET WIRE) -- 06/27/07 -- Camuto Group and Parlux Fragrances,
Inc.("Parlux") (NASDAQ: PARL) announced today the signing of a global
licensing agreement with American Icon, Jessica Simpson, to launch her very
first signature fragrance.
The fragrance line will debut in July 2008, in the U.S., with an
international roll-out shortly thereafter. The fragrance will reflect Ms.
Simpson's style, personality and confidence.
According to Ms. Simpson, "I wanted to partner with a company that would be
able to express my personality through a fragrance. After meeting with
Parlux, I'm extremely excited to start the development process with them."
"We are proud to partner with both the Camuto Group and Jessica Simpson,
whose talent, charm and values have made her America's Sweetheart and have
shown her to be the kind of person that women of all ages can admire," says
Neil Katz, Chairman and CEO, Parlux Fragrances, Inc. "Having Jessica as a
partner is a great global opportunity for our company."
"Fragrance is a natural product expansion for the Jessica Simpson lifestyle
brand," according to Vince Camuto, CEO of the Camuto Group. "We are pleased
to add an incredible partner such as Parlux to our ever growing family of
licensees."
About Parlux Fragrances, Inc.
Parlux Fragrances, Inc. is a manufacturer and international distributor of
prestige products. It holds licenses for Paris Hilton fragrances, watches,
cosmetics, sunglasses, handbags and other small leather accessories, in
addition to licenses to manufacture and distribute the designer fragrance
brands of GUESS?, XOXO, Ocean Pacific (OP), Maria Sharapova, Andy Roddick,
babyGund, and Fred Hayman Beverly Hills.
Certain Information Regarding Forward-Looking Statements
This press release includes forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended, regarding, among other
things, our plans, strategies and prospects, both business and financial.
Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause actual results, performance
or achievements of Parlux or its industry to be materially different from
any future results, performance or achievements expressed or implied by
such forward-looking statements. These risks and uncertainties include,
among others, future trends in sales and Parlux's ability to successfully
introduce, acquire, or launch new brands, licenses, or products in a
cost-effective manner, general economic conditions and continued compliance
with the covenants in our credit facility. Additional risk factors are set
forth in the Company's periodic reports filed with the Securities and
Exchange Commission. Readers are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date thereof.
Parlux undertakes no obligation to publicly release the result of any
revisions to these forward-looking statements that may be made to reflect
events or circumstances after the date hereof or to reflect the occurrence
of unanticipated events.
FOR: Parlux Fragrances, Inc.
Neil J. Katz
CEO
(954) 316-9008 Ext. 8116 www.parlux.com
Lori Zelenko
LSZ Communications
(212) 486-9260 www.lszcommunications.com
FOR: Camuto Group
Lisa Mitchell
(646) 898-1027 Email Contact