SOURCE: Parlux Fragrances, Inc.

October 25, 2007 10:02 ET

Parlux CFO, Raymond J. Balsys, to Present at 2007 Imperial Capital Global Opportunities Conference

FT. LAUDERDALE, FL--(Marketwire - October 25, 2007) - Parlux Fragrances, Inc. (NASDAQ: PARL) ("Parlux") announced today that its CFO, Raymond J. Balsys, will be presenting on Friday, November 2nd, 2007 at 3:45PM at the 2007 Global Opportunities Conference in New York City, hosted by Imperial Capital, LLC. Balsys will participate in a question and answer session, following his presentation and will also be available for one-on-one meetings.

The conference is a 2-day affair, held November 1st and 2nd, 2007, at the W New York Hotel, 541 Lexington Avenue (49th Street and Lexington Avenue), NYC. Conference organizers anticipate a turnout of 300-350 attendees from the institutional investment community.

Live Web casting of the presentation will be available at www.imperialcapital.com on November 2, 2007 and 90 days thereafter unless otherwise notified. Additional information as well as the agenda can be found at www.imperialcapital.com.

About Parlux

Parlux 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.

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.

Contact Information

  • CONTACT:
    Raymond J. Balsys
    CFO
    Parlux Fragrances, Inc.
    (954) 316-9008 Ext. 8106
    Web site: http://www.parlux.com