EVERLAST WORLDWIDE, INC AND LIGHTWEIGHT BOXING CHAMPION JUAN DIAZ SIGN EXCLUSIVE CONTRACT

For Immediate Release

New York, NY – March 19, 2008 – Everlast Worldwide Inc., manufacturer, marketer and licensor of sporting goods, apparel, footwear, and other active lifestyle products under the Everlast brand name is proud to announce that they have signed a long term agreement with professional lightweight boxer Juan Diaz. The agreement allows Diaz to exclusively wear Everlast footwear, apparel and gloves for all professional fights and Everlast sponsored events.

Diaz, a Mexican-American boxer from Texas, entered into professional boxing in 2000 at the age of 16. A champion in the lightweight division, Diaz has a record of 33 wins, 1 loss and 17 Knockouts.

Diaz is currently a junior at the University of Houston, majoring in Political Science and is an aspiring lawyer and politician. While taking a full class schedule every semester, Diaz finds the time to train daily with one of the most rigorous training programs in the industry. Diaz is universally considered one of the hardest-working and best-conditioned athletes in boxing. Diaz has always insisted on working around his schoolwork, keeping education a priority.

“Juan Diaz is one of the most skilled and exciting fighters in the sport of boxing, and a true champion in and out of the ring,” said Matt Cowan, Director of Sports Marketing for Everlast. “His passion for the sport, and his commitment to education and the community embody the values upon which our brand was built. Everlast has a long heritage of world champions, and we are proud to make Juan a part of that legacy.”

Diaz is as dedicated to excelling in boxing as he to promoting education causes and encouraging political involvement. As part of Diaz’s contract, Everlast has agreed to donate to a cause related to education. Diaz is also greatly involved in voter registration in his hometown of Houston, working with The League of Women Voters of Houston.