FORT LAUDERDALE, Fla., May 4 /PRNewswire-FirstCall/ -- Parlux Fragrances,
Inc. (Nasdaq: PARL) announced today the signing of a letter of intent with
Paris Hilton to launch a fragrance under her name. The letter of intent is
subject to the execution of a definitive license agreement. The parties
anticipate launching the fragrance before the end of 2004.
Upon signing, Paris Hilton said "I am very excited to be involved with
Parlux Fragrances and am looking forward to working with their team on the
creation of my new fragrance."
Ilia Lekach, Chairman and CEO of Parlux added, "Paris Hilton is a
prominent part of our popular culture, with tremendous U.S. and International
following. I believe that the Paris Hilton fragrance will be a terrific
addition to the Parlux house of fragrances."
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?, Ocean Pacific (OP) and Fred
Hayman Beverly Hills.
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, Chairman & CEO of Parlux Fragrances, +1-954-316-9008 Ext. 116
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