Physicians Formula Holdings Announces Appointment of an Additional Independent Director to the Company's Board of Directors Effective July 1, 2011

Physicians Formula Holdings FACE today announced that it has appointed Bruce Kanter to join the Company's Board of Directors effective July 1, 2011. Mr. Kanter will be filling a Board vacancy created by the departure of Mr. Padraic Spence from the Company's Board on May 24, 2011. Mr. Kanter, whose election to the Board was recommended by the Company's Nominating and Corporate Governance Committee, will also join the Company's Audit Committee as of July 1, 2011, and he has been determined by the Board to be independent under applicable SEC and NASDAQ independence requirements. Mr. Kanter was the Executive Vice President and Chief Financial Officer of Westwood One, Inc., a public company operating as the leading radio program syndicator from December 1991 to February 1994. Before that, he was the Senior Vice President and CFO of Neutrogena Corporation, a leading skincare and cosmetics company from October 1980 until December 1991. Since retiring in 1994, Mr. Kanter has been active on several Boards, including being a 13 year-long director and two-time Chairman of Discus Holdings, Inc., a private dental products company. He also served as a Director of Westwood One, Inc. from 1991 to 1994, a Director of Infotec, a private software and systems support company from 1994 to 1996, a Director of Intermed Software, Inc., a private start-up company developing software for a physicians medical record system from 1995 to 1999, and a Director and Chairperson of the Audit Committee of Smtek International, an electronic manufacturing contractor from 1997 to 2000. With over 34 years of experience in the health, beauty and medical industries, Mr. Kanter brings to the Company's Board insightful perspectives on the opportunities and issues facing Physicians Formula.
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