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Lakeland Industries, Inc.: EdgeWater Research Investment Newsletter Highlights Lakeland Industries as Featured Stock

^{Published on 2009-03-16 11:23:41, Last Modified on 2009-03-16 11:24:31 - Market Wire}
 

RONKONKOMA, NY--(Marketwire - March 16, 2009) - Lakeland Industries, Inc. (NASDAQ: [ LAKE ]), a market leader in protective apparel, today announced that it has been selected as the Featured Stock in the March 16, 2009 investment newsletter published by EdgeWater Research Partners LLC.

According to the newsletter's Featured Stock report, the basis for the favorable review of Lakeland is based on its highly experienced management team, a diversified marketing strategy and customer base, a burgeoning international presence with plans for continued expansion primarily outside of the United States, and a proven track record for which profitability has been achieved every quarter for more than the last decade.

EdgeWater Research Partners ([ www.edgewaterresearch.com ]) provides institutional and individual investors with quality equity research regarding "micro cap" and "small cap" companies for which little or no independent research is available. EdgeWater's equity research utilizes its industry experience and affiliations to uncover and analyze stocks that it believes offer exceptional investment opportunities. EdgeWater initially launched research coverage of Lakeland on February 23, 2009 with a stock price target of $13 per share.

About Lakeland Industries, Inc.:

Lakeland Industries, Inc. (NASDAQ: [ LAKE ]) manufactures and sells a comprehensive line of safety garments and accessories for the industrial protective clothing market. The Company's products are sold by a direct sales force and through independent sales representatives to a network of over 1000 safety and mill supply distributors. These distributors in turn supply end user industrial customers such as chemical/petrochemical, automobile, steel, glass, construction, smelting, janitorial, pharmaceutical and high technology electronics manufacturers, as well as hospitals and laboratories. In addition, Lakeland supplies federal, state, and local government agencies, fire and police departments, airport crash rescue units, the Department of Defense, the Centers for Disease Control and Prevention, and may other federal and state agencies.

Safe Harbor Statement

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements, without limitation, regarding our expectations, beliefs, intentions or strategies regarding the future. We intend that such forward-looking statements be subject to the safe-harbor provided by the Private Securities Litigation Reform Act of 1995. All statements that are not historical are forward-looking. Forward-looking statements may relate to, but are not limited to, the effect of agreements described above but also on our international and total revenues and the size and growth of the Brazilian and International markets for protective apparel. Such forward-looking statements are based upon current information and expectations. These estimates and statements speak only as of the date on which they are made, are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict.

For more information concerning Lakeland, please visit the Company online at [ www.lakeland.com ].