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NEWS PROVIDED BY:
GlobeNewswire

BELLPORT, N.Y. and FORT LAUDERDALE, Fla., April 17, 2012 (GLOBE NEWSWIRE) -- Perfumania Holdings, Inc. (Nasdaq:PERF) and Parlux Fragrances, Inc. (PARL) announced that, on April 17, 2012, their shareholders approved the merger of Parlux and a subsidiary of Perfumania, with 98.9% of the shares voted at the Parlux special meeting and 99.2% of the shares voted at the Perfumania special meeting voting in favor. The companies expect to consummate the merger as soon as the conditions to closing are satisfied.

CONTACT: Michael W. Katz
         President and Chief Executive Officer
         Perfumania Holdings, Inc.
         631-866-4156

http://media.globenewswire.com/cache/8839/small/8892.jpg

Source: Perfumania Holdings, Inc.; Parlux Fragrances, Inc. 2012 GlobeNewswire, Inc.