Jaclyn, Inc. Announces Consideration of Sale of Executive Office and Warehouse Facility WEST NEW YORK, N.J., May 24 /PRNewswire-FirstCall/ -- Jaclyn, Inc. (AMEX:JLN) announced today that it is considering the sale of its executive offices and warehouse facility located in West New York, New Jersey. Jaclyn currently uses approximately one-half of the 140,000 square foot facility, which it has owned since 1969. The remainder of the facility has been leased to outside third parties. Allan Ginsburg, Chairman of the Board, stated that, "Since Jaclyn uses only a portion of our West New York facility, we have been looking at opportunities to move to a space more suitable for our present and future needs. We anticipate, however, that any move would be to another site in the vicinity of our present location." Jaclyn noted that there is no assurance that a sale of the property will be concluded, or, if so, the timing, or terms or conditions, of any such sale. Note: This press release may contain forward-looking statements that are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The Company's actual performance and results may vary as a result of a number of risks, uncertainties and other factors, both foreseen and unforeseen, including general economic and business conditions, competition in the accessories and apparel markets, continuing favorable sales patterns, pricing and consumer buying trends. Jaclyn, Inc. is a designer, manufacturer and marketer of apparel, women's sleepwear, infants' and children's apparel, handbags, premiums and related accessories. Website: http://www.jaclyninc.com/. DATASOURCE: Jaclyn, Inc. CONTACT: Anthony Christon, Chief Financial Officer of Jaclyn, Inc., +1-201-868-9400 Web site: http://www.jaclyninc.com/

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