Perry Ellis International (NASDAQ:PERY), announced today it has entered into a licensing agreement with Revman International Inc. to design, manufacture, and distribute a collection of bed and bath products throughout the U.S., Canada, and Mexico under the Perry Ellis�, Perry Ellis Portfolio�, and Perry Ellis America� brands. The line will be available at Dillard�s and other department stores nationwide in fall 2008. Oscar Feldenkreis, President and Chief Operating Officer of Perry Ellis International, said: �Home Fashion was a missing element of the Perry Ellis lifestyle. We are very excited about this new partnership with Revman, a leader in the home fashion industry. Their design capabilities and industry knowledge make them the right partner to interpret the significance of the Perry Ellis lifestyle for the Home.� �When it comes to evoking a sophisticated yet enduring lifestyle, few names carry as much impact as Perry Ellis,� said Richard Roman, President and CEO of Revman. �Perry Ellis� amazing success in sportswear, accessories, and fragrance, will naturally translate into the home fashion.� For further information, please contact: Maria Folyk-Kushneir � Diane Piemonte Vice President Licensing Vice President of Creative Services Perry Ellis International, Inc. Revman International, Inc. Tel: 212-536-5718 212-278-0312 Fax: 917-546-5718 212-840-8446 maria.folyk-kushneir@pery.com dpiemonte@revman.com About Perry Ellis International Perry Ellis International, Inc. is a leading designer, distributor and licensor of a broad line of high quality men's and women's apparel, accessories, and fragrances. The Company's collection of dress and casual shirts, golf sportswear, sweaters, dress and casual pants and shorts, jeans wear, active wear and men's and women's swimwear is available through all major levels of retail distribution. The Company, through its wholly owned subsidiaries, owns a portfolio of nationally and internationally recognized brands including Perry Ellis�, Jantzen�, Laundry� by Shelli Segal, C&C California�, Cubavera�, Munsingwear�, Savane�, Original Penguin�, Grand Slam�, Natural Issue�, Pro Player�, the Havanera Co. �, Axis�, Tricots St. Raphael�, Gotcha�, Girl Star� and MCD�. The Company enhances its roster of brands by licensing trademarks from third parties including Dockers� for outerwear, Nike� and JAG� for swimwear, and PING� and PGA TOUR� for golf apparel. Additional information on the Company is available at http://www.pery.com. About Revman International Inc. Headquartered in New York City, Revman International Inc. has been a leading designer, manufacturer, and distributor of fine home fashion products for over 15 years. Revman International Inc. owns the license rights to produce the bed and bath products for many well known brands such as Tommy Hilfiger, Laura Ashley, Michael Kors, Tommy Bahama, Marimekko, and Columbia Sportswear. Safe Harbor Statement We caution readers that the forward-looking statements (statements which are not historical facts) in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations rather than historical facts and they are indicated by words or phrases such as "anticipate," "could," "may," "might," "potential," "predict," "should," "estimate," "expect," "project," "believe," "plan," "envision," "continue," "intend," "target," "contemplate," or "will" and similar words or phrases or comparable terminology. We have based such forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, many of which are beyond our control. These factors include: general economic conditions, a significant decrease in business from or loss of any of our major customers or programs, anticipated and unanticipated trends and conditions in our industry, including the impact of recent or future retail and wholesale consolidation, the effectiveness of our planned advertising, marketing and promotional campaigns, our ability to contain costs, disruptions in the supply chain, our future capital needs and our ability to obtain financing, our ability to integrate acquired businesses, trademarks, tradenames and licenses, our ability to predict consumer preferences and changes in fashion trends and consumer acceptance of both new designs and newly introduced products, the termination or non-renewal of any material license agreements to which we are a party, changes in the costs of raw materials, labor and advertising, our ability to carry out growth strategies including expansion in international and direct to consumer retail markets, the level of consumer spending for apparel and other merchandise, our ability to compete, exposure to foreign currency risk and interest rate risk, possible disruption in commercial activities due to terrorist activity and armed conflict, and other factors set forth in Perry Ellis International's filings with the Securities and Exchange Commission. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including those risks and uncertainties detailed in Perry Ellis' filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which are valid only as of the date they were made. We undertake no obligation to update or revise any forward-looking statements to reflect new information or the occurrence of unanticipated events or otherwise.
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