SOURCE: Parlux Fragrances, Inc.

October 03, 2007 15:02 ET

Parlux CEO, Neil J. Katz, Elected to CTFA Board of Directors

FT. LAUDERDALE, FL--(Marketwire - October 3, 2007) - Parlux Fragrances, Inc. (NASDAQ: PARL) is proud to announce that The Cosmetic, Toiletry, and Fragrance Association has elected Neil J. Katz, Chairman and CEO of Parlux Fragrances, Inc., to serve on the CTFA Board of Directors. A position on the CTFA Board offers both challenge and responsibility; the appointment recognizes Mr. Katz's vast expertise gleaned from his lengthy and exceptional career in the beauty industry including his prior positions as President of Liz Claiborne Cosmetics and President of Revlon Beauty Care Division. Mr. Katz previously served on the CTFA Board of Directors from 1995 to 2002.

CTFA has approximately 600 member companies. Active members are manufacturers and distributors of finished products. Associated members are suppliers of ingredients, raw materials, packaging, and other services used in the production and marketing of finished products, as well as consumer and trade publications.

CTFA provides a complete range of services that support the personal care products industry's needs and interests in the scientific, legal regulatory, legislative and international fields. CTFA strives to ensure that the personal care products industry has the freedom to pursue creative product development and compete in a fair and responsible marketplace. CTFA represents the industry's interests at the local, state, national, and international levels, promoting voluntary industry self-regulation and reasonable governmental requirements that support the health and safety of consumers. The CTFA 2005 Annual Report provides specific information about Association efforts during the past year. For more information, please visit www.ctfa.org.

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?, Jessica Simpson, Nicole Miller, XOXO, Ocean Pacific (OP), Maria Sharapova, Andy Roddick, babyGund, and Fred Hayman Beverly Hills.

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.

Contact Information

  • CONTACTS:

    Neil J. Katz
    CEO
    Parlux Fragrances, Inc.
    (954) 316-9008, Ext. 8116

    Media Contact:
    Lori Zelenko
    LSZ COMMUNICATIONS
    (212) 486-9260
    Email Contact