FORT LAUDERDALE, Fla., Feb. 11 /PRNewswire-FirstCall/ -- Parlux
Fragrances, Inc. (Nasdaq: PARL) announced today that Isaac Lekach has been
nominated to its Board of Directors. Isaac Lekach was instrumental in
identifying the potential of the PARIS HILTON fragrance and watch licenses.
He is also involved as a liaison in connection with our GUESS? and OCEAN
PACIFIC fragrance licenses. He has been employed by the company in a variety
of creative, product development and promotional roles for over four years.
He currently resides in California, has been involved in the production of
films, and is also a songwriter/musician. He is the son of Ilia Lekach,
Parlux's Chairman and Chief Executive Officer.
Concurrently, Frederick Purches, Vice Chairman and founder of Parlux in
1984, resigned from the Board to ensure that it consists of a majority of
independent directors. Mr. Purches will continue to serve in his present
capacity as a consultant.
Mr. Ilia Lekach remarked, "It is gratifying to note Isaac's
accomplishments and I am looking forward to his direct involvement with our
Board. I am especially pleased that Fred Purches agreed to remain as a
consultant. Fred has an in depth knowledge of the fragrance industry with
top-level management experience. He has made numerous valuable contributions
to us over the years and we are counting on his assistance for new
acquisitions and the implementation of our planned growth."
Parlux Fragrances, Inc. is a manufacturer and international distributor of
prestige fragrances and holds the licenses to manufacture and distribute the
designer fragrance brands of Perry Ellis, GUESS, Paris Hilton, Ocean Pacific
(OP), Maria Sharapova, Andy Roddick, and Fred Hayman Beverly Hills. Parlux
also recently signed a license to manufacture and distribute Paris Hilton
watches.
The Company may periodically release forward-looking statements pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause actual results, performance or
achievements of the Company 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 the Company's ability to introduce new
products in a cost-effective manner. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as of the date
thereof. The Company 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.
SOURCE Parlux Fragrances, Inc.
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Related links:
http://www.parlux.com
Company News On-Call:
http://www.prnewswire.com/comp/674987.html
CONTACT:
Ilia Lekach, Parlux Fragrances, Inc.,
+1-954-316-9008, ext. 116, or Frank A. Buttacavoli, ext. 117
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