Paris Hilton Limited Edition Watch Sold at Auction

~The special white diamond-encrusted watch sold for $125,000~

NEW YORK -- December 2, 2005 -- Parlux Fragrances, Inc. (Nasdaq: PARL) and Tourneau announced that the first Paris Hilton #001 watch, was successfully auctioned off by Antiquorum Auction House. The highest bidder was Oscar Rodriguez the CEO of Abazias.com (OTCBB:ABZS), at the event hosted by Parlux and Tourneau, the world's largest watch store, November 30th, 2005.

ABOUT PARLUX
Parlux Fragrances, Inc. is a manufacturer and international distributor of prestige products. It holds licenses for Paris Hilton fragrances, watches, cosmetics, handbags and other small leather accessories in addition to licenses to manufacture and distribute the designer fragrance brands of Perry Ellis, GUESS?, XOXO, Ocean Pacific (OP), Maria Sharapova, Andy Roddick, babyGund, and Fred Hayman Beverly Hills.

The Company may periodically release forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Company or its industry to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include, among others, future trends in sales and the Company's ability to introduce new products in a cost- effective manner. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date thereof. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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