Aris Industries, Inc (OTC:BB - AISI) today announced that it has entered into an exclusive worldwide license agreement to manufacture and sell what Arnold H. Simon, Aris' chairman and chief executive officer, has called a revolutionary new product designed to enhance a woman's figure by uplifting and shaping a woman's hips and derriere. Aris intends to market this revolutionary garment under the name "Wonderpant" and has filed a trademark application to use that name on all pants and bottoms. Aris plans to introduce the Wonderpant into its own brands, XOXO and BabyPhat, but it will be marketed also as a separate system available for licensees.

Arnold H. Simon, CEO of Aris, stated: "In my thirty years of experience in the apparel business, I have never seen a more exciting design development in the industry. The product uplifts and enhances a woman's figure like no other product that I have seen in the marketplace before. Wonderpant works best in stretch fabrics, but the system can also be applied to denim and woven pants."

The company intends to begin manufacturing and shipping for spring 2001 and expects that this product will add significant revenue and profits.

Aris designs, manufactures and sells sportswear, outerwear and loungewear under a variety of tradenames including XOXO, FUBU, Perry Ellis and Members Only. It is also the licensee for Stetson, Baby Phat, Cynthia Rowley, and Brooks Brothers Golf, all of which it plans to launch in 2000 and 2001.

Certain information discussed in this press release may constitute forward-looking statements within the meaning of the Federal securities laws. Although Aris Industries believes that expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends, and uncertainties that could cause actual results to differ materially from those projected. For a more complete description of factors, which could impact Aris Industries and the statements contained herein, reference should be made to Aris Industries' filings with the United States Securities and Exchange Commission.