EVST Everlast Worldwide (MM)

The quote in the fourth graph should be attributed to Jose Zaga, CEO of Slace S.A. de C.V., of Mexico (sted Yulek Weingers). The corrected release reads: EVERLAST WORLDWIDE INC. ADDS MEXICAN LICENSE FOR SPORT BAGS, DUFFELS AND BACK PACKS Everlast Expands Licensing Relationship with Its Mexican Footwear and Watch Licensee, Slace Everlast� Worldwide Inc. (NASDAQ: EVST), manufacturer, marketer and licensor of sporting goods, apparel, footwear, and other active lifestyle products under the Everlast brand name, today announced an expansion of its license with Slace, S.A. de C.V. of Anahuac, Mexico to include Everlast-branded sport bags, duffels and back packs in Mexico. Since 2004, Slace has been the Mexican licensee for athletic and casual footwear and in October of 2005 it became the licensee for watches. The new Everlast sport bags, duffel bags and back packs will launch next year and like footwear and watches will also be available in better department stores, sporting goods stores and athletic shoe stores. Seth Horowitz, Chairman, President and CEO of Everlast Worldwide Inc., said, "We�re thrilled to be able to expand our relationship with Slace. We believe the success we�ve had in Mexico is an indication of the strength of our brand in this very important market. It also underscores the appreciation Latin American consumers have for the heritage of the Everlast brand.� �The Everlast brand clearly resonates with the Mexican consumer,� said Jose Zaga, CEO of Slace S.A. de C.V., of Mexico. �Our initial launch of Everlast footwear and underwear was extremely successful, and we look forward to adding to our product lines with this extension into sport bags, duffel bags and back packs.� About Everlast Worldwide Inc. Everlast Worldwide Inc. manufactures markets and licenses sporting goods, apparel, footwear and other active lifestyle products under the Everlast brand name. Since 1910, Everlast has been the preeminent brand in the world of boxing and is among the most dominant brands in the overall sporting goods and apparel industries. Over the past 96 years, Everlast products have become the �Choice of Champions��, having been used for training and professional fights by many of the biggest names in the sport. Everlast is the market leader in nearly all of its product categories, responsible for leading eight of the top ten boxing equipment products in sales. In addition to producing and marketing the equipment and accessories, Everlast Worldwide Inc. licenses its brand to providers of men�s and women�s sportswear and active wear, children�s wear, footwear, watches, cardiovascular exercise equipment, nutritional foods and gym/duffel bags to name just a few categories. At the retail level, Everlast�s licensed products generate more than $700 million in revenues. The company�s Web site can be found at http://www.everlast.com. Statements made in this Press Release that are estimates of past or future performance are based on a number of factors, some of which are outside of the Company's control. Statements made in this Press Release that state the intentions, beliefs, expectations or predictions of Everlast Worldwide, Inc. and its management for the future are forward-looking statements. It is important to note that actual results could differ materially from those projected in such forward-looking statements. Information concerning factors that could cause actual results to differ materially from those in forward-looking statements is contained from time to time in filings of Everlast Worldwide with the U.S. Securities and Exchange Commission. Copies of these filings may be obtained by contacting Everlast Worldwide or the SEC. The quote in the fourth graph should be attributed to Jose Zaga, CEO of Slace S.A. de C.V., of Mexico (sted Yulek Weingers). The corrected release reads: EVERLAST WORLDWIDE INC. ADDS MEXICAN LICENSE FOR SPORT BAGS, DUFFELS AND BACK PACKS Everlast Expands Licensing Relationship with Its Mexican Footwear and Watch Licensee, Slace Everlast(R) Worldwide Inc. (NASDAQ: EVST), manufacturer, marketer and licensor of sporting goods, apparel, footwear, and other active lifestyle products under the Everlast brand name, today announced an expansion of its license with Slace, S.A. de C.V. of Anahuac, Mexico to include Everlast-branded sport bags, duffels and back packs in Mexico. Since 2004, Slace has been the Mexican licensee for athletic and casual footwear and in October of 2005 it became the licensee for watches. The new Everlast sport bags, duffel bags and back packs will launch next year and like footwear and watches will also be available in better department stores, sporting goods stores and athletic shoe stores. Seth Horowitz, Chairman, President and CEO of Everlast Worldwide Inc., said, "We're thrilled to be able to expand our relationship with Slace. We believe the success we've had in Mexico is an indication of the strength of our brand in this very important market. It also underscores the appreciation Latin American consumers have for the heritage of the Everlast brand." "The Everlast brand clearly resonates with the Mexican consumer," said Jose Zaga, CEO of Slace S.A. de C.V., of Mexico. "Our initial launch of Everlast footwear and underwear was extremely successful, and we look forward to adding to our product lines with this extension into sport bags, duffel bags and back packs." About Everlast Worldwide Inc. Everlast Worldwide Inc. manufactures markets and licenses sporting goods, apparel, footwear and other active lifestyle products under the Everlast brand name. Since 1910, Everlast has been the preeminent brand in the world of boxing and is among the most dominant brands in the overall sporting goods and apparel industries. Over the past 96 years, Everlast products have become the "Choice of Champions(TM)", having been used for training and professional fights by many of the biggest names in the sport. Everlast is the market leader in nearly all of its product categories, responsible for leading eight of the top ten boxing equipment products in sales. In addition to producing and marketing the equipment and accessories, Everlast Worldwide Inc. licenses its brand to providers of men's and women's sportswear and active wear, children's wear, footwear, watches, cardiovascular exercise equipment, nutritional foods and gym/duffel bags to name just a few categories. At the retail level, Everlast's licensed products generate more than $700 million in revenues. The company's Web site can be found at http://www.everlast.com. Statements made in this Press Release that are estimates of past or future performance are based on a number of factors, some of which are outside of the Company's control. Statements made in this Press Release that state the intentions, beliefs, expectations or predictions of Everlast Worldwide, Inc. and its management for the future are forward-looking statements. It is important to note that actual results could differ materially from those projected in such forward-looking statements. Information concerning factors that could cause actual results to differ materially from those in forward-looking statements is contained from time to time in filings of Everlast Worldwide with the U.S. Securities and Exchange Commission. Copies of these filings may be obtained by contacting Everlast Worldwide or the SEC.