Everlast Worldwide Inc. Signs License with Bossong Mills to Launch New Pain Relief Bands.

Everlast compression/support bands to be produced with Bossong Mills' innovative carbon yarn

NEW YORK -- Everlast[R] Worldwide Inc. (NASDAQ: EVST), a renowned global brand and manufacturer, marketer and licensor of sporting goods, apparel, footwear, and other active lifestyle products has signed a license agreement with Bossong Mills Inc., a major manufacturer of hosiery products to launch the "Everlast Pain Manager," a graduated compression band for joint pain produced with Bossong's revolutionary carbon fiber technology. This new product will be distributed by Bossong and marketed under the Everlast brand name.

The new compression bands include advanced Carbon Technology, a special blend of bi-component conductive carbon yarns that dissipate electrical charges. The active therapy works with a unique knit of fabrics that massage the affected areas while helping to improve blood circulation for more rapid healing. The lightweight breathable knit provides active therapy, comfort and support with increased stability to prevent further injury. Additionally, the advanced tubular construction of this product delivers controlled uniform compression to reduce swelling.

This innovative product comes in 5 sizes and 4 styles for application to the hand & wrist, elbow, knee and ankle and is designed in two compression levels: Comfort Compression and Ultra Compression. This product will be geared towards athletes and fitness enthusiasts as a holistic approach to healing their injuries and helping sore muscles. The product is now available in northeast regional sporting goods stores.

About Bossong Mills Inc.

Bossong Hosiery Mills, Inc. of Asheboro, North Carolina, has manufactured hosiery products since 1927. Bossong employs 300 and is one of the few remaining totally vertical facilities in North America. The company is privately owned and is a third generation family run business, whose current CEO is Huntley Bossong and whose President is Joseph Bossong. In addition to 80 years of manufacturing, Bossong is well known in the industry for its innovative research and its development team as well as its state-of-the-art facility. Bossong supplies products to most major retail chains, department stores, discount chains, direct TV sales, and mail order catalogs in addition to providing manufacturing services to many nationally known brands. "Americans today are increasingly enthusiastic in their pursuit of exercise and sports. We are proud to bring to the sports and exercise world this unique product line with brand recognition," - Huntley Bossong.

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 97 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. The company's Web site can be found at http://www.everlast.com.