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Press Release

Contact: Steve Leveen
CEO
Levenger
561.276.2436 ext. 1003

Levenger to open outlet store at Audubon Place

MEMPHIS, TN · June 27, 2006 – Levenger, a high-end retailer of products designed for reading, writing, work and travel, will open an outlet store at Audubon Place on August 14. The company joins other upmarket retailers such as Williams-Sonoma and Pottery Barn in the strip mall, offering primarily Levenger-designed merchandise for at least 30% off original retail prices.

The Levenger product assortment includes high-quality leather goods that range from laptop carriers, briefbags and totes to wallets, PDA holders and travel organizers. The company is a leading designer of products that support note-taking, including a wide range of folios and notebooks as well as its own top-grade paper. Fine writing instruments, modular desk systems, bookcases and multi-use furniture pieces are also in the Levenger line.

The outlet merchandise will be a mix of overstocks, scratch-and-dents and gently used merchandise that’s been returned.

Levenger will occupy a 2930-square-foot store in Audubon Place, which is about 10 miles from the Levenger Distribution Center on Raines Road. The company moved its warehousing facility here in May from South Florida. It serves as the fulfillment center for all Levenger merchandise ordered through its national catalog of “tools for serious readers” and its website, Levenger.com.

“Putting an outlet store near our warehouse makes sense logistically and also gives us an opportunity to better acquaint our Memphis neighbors with Levenger,” says Steve Leveen. He is the company’s CEO and co-founder, together with his wife, Lori Granger Leveen.

Established in 1987, Levenger was the first company in America to design products with readers in mind. The family-run company is headquartered in Delray Beach, Florida, the site of its first retail establishment. Other stores are in Boston and Chicago.

Levenger expects to employ about a dozen local workers in its outlet store, which will be open from 9 a.m. to 9 p.m. Monday through Saturday and 11 a.m. to 6 p.m. Sunday, beginning August 14.

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