FOR IMMEDIATE RELEASE

Advance Group, Inc today announced the appointment of Mark E. Lucas as Chairman and Chief Executive Officer. Mr. Lucas will be joining Advance on November 1, 2005.

Most recently, Mr. Lucas was President and CEO of Altec Lansing, a leading provider of powered, portable, personal and interactive audio products. Before joining Altec Lansing, Mr. Lucas held senior executive positions at Iomega Corporation, Gillette and Duracell.

Mark holds a Bachelor’s Degree in Industrial Engineering and an MBA in Marketing at Rensselaer Polytechnic Institute in Troy, NY. He serves on the boards of the Audio Division of the Consumer Electronics Association, the Mountain Laurel Performing Art Center in the Pocono Mountains, and the annual Milford Music Festival in Altec Lansing’s hometown of Milford, Pennsylvania.

Advance Group, Inc is a leading designer, manufacturer and distributor of watches, pens and clocks. Advance brands include Freestyle, Shark, Stylus and Mathey Tissot. Advance’s licensed brands represent fashion leaders including Kenneth Cole, Tommy Bahama, BCBG, Betsey Johnson, and Mudd. Advance Products are sold in Department Stores and Specialty Retail Shops throughout the world. www.advgi.com