Perfumania Holdings and Parlux Fragrances, Inc. Shareholders Approve Merger

Perfumania Holdings, Inc.

and Parlux Fragrances, Inc.

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.