SOURCE: Pink Sheets LLC

May 20, 2008 09:46 ET

Jaclyn, Inc. Joins OTCQX

NEW YORK, NY--(Marketwire - May 20, 2008) - Pink OTC Markets Inc., the leading electronic inter-dealer quotation system, trading technology and financial information provider for over-the-counter (OTC) securities, today announced that Jaclyn, Inc. (PINKSHEETS: JCLY) (OTCQX: JCLY), a designer and distributor of women's and children's apparel, handbags, and related products, has joined OTCQX and is now trading on the highest OTC market tier for U.S. companies -- PremierQX.

Investors can find real-time quotes, disclosure and financial information about Jaclyn, Inc. at www.otcqx.com and www.pinksheets.com under ticker JCLY.

"We are delighted to welcome Jaclyn to OTCQX where they will trade on the highest OTC market tier in the U.S.," said Cromwell Coulson, Chairman and CEO of Pink OTC Markets Inc. "OTCQX allows Jaclyn to trade on a respected market tier while providing credible disclosure through a process customized for smaller companies. We are proud to add Jaclyn to our growing list of OTCQX and International OTCQX issuers."

Troutman Sanders, LLP, an international law firm with over 650 attorneys and 12 offices, will act as Jaclyn's Attorney Designated Advisor for Disclosure (DAD).

About Jaclyn, Inc.

Jaclyn, Inc. and its subsidiaries, are primarily engaged in the design, manufacture, distribution and sale of women's and children's apparel, and vinyl, leather and fabric handbags, sport bags, backpacks, cosmetic bags, and related products. Jaclyn is headquartered in Maywood, NJ.

About OTCQX

OTCQX is the premier market tier in the U.S. for reputable companies that want to be separately designated from the thousands of companies trading over-the-counter. OTCQX closes the credibility gap in the OTC markets by creating minimum standards of inclusion and also offers companies a choice to be SEC reporting or meet OTCQX's disclosure guidelines, which are customized for smaller companies.

About Pink OTC Markets Inc.

Pink OTC Markets Inc. provides the leading inter-dealer electronic quotation and trading system in the over-the-counter (OTC) securities market, with innovative technology and data solutions to efficiently connect market participants, improve price discovery, increase issuer disclosure, and better inform investors. Pink OTC Markets operates the third largest U.S. equity trading venue which includes both the elite OTCQX market tiers for strong OTC-traded companies that can satisfy financial and disclosure listing standards and Pink Sheets for all other OTC quoted securities.

Over 230 financial service firms, including the ten largest U.S. investment banks, actively make markets in OTCQX and Pink Sheets quoted securities and in 2007 these firms traded over $160 billion of OTCQX and Pink Sheets securities. Pink OTC Markets offers widespread access to all U.S. broker-dealers, enabling investors to seamlessly trade these securities through their institutional, online, or full service brokers.

Pink OTC Markets is headquartered in New York City.

To learn more about how Pink OTC Markets' products and services make OTC markets more transparent, informed, and efficient, please visit our websites at www.pinksheets.com and www.otcqx.com or contact us at info@pinkotc.com.

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