Perfumania Hldgs. Inc fka PERFQ

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PERF 1.18 x 1.40, last @ 1.29, up .19 on 12,300 shares traded

Perhaps news coming on their pending deal w/ SuperCom


SUPERCOM LTD. AND PERFECTDATA CORPORATION ENTER INTO DEFINITIVE MERGER AGREEMENT


Raanana, Israel and Simi Valley, CA - July 8, 2003 - SuperCom (NASDAQ Europe: SPRC), an Israel-based developer of smart card and ID solutions, and PerfectData Corporation (OTC Bulletin Board: PERF.OB), announced today that they entered into a definitive merger agreement. As part of the proposed merger, if approved by the respective shareholders, PerfectData plans to change its name to SuperCom Corporation or similar name. The terms of the proposed merger are as previously reported.

http://www.perfectdata.com/press.asp?action=view&id=40