Jennifer Convertibles Announces Arrival of New Merchandise

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Including Jennifer Convertibles sofa / sofabed, loveseat, chair and ottoman merchandise.

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Jennifer Convertibles, Inc. (AMEX: [JEN) is proud to announce the arrival of the first part of a new product line. This merchandise is comprised of a sofa / sofabed, loveseat, chair and ottoman. This new livingroom package is exquisitely designed with button-tufted arms, a wrap-around solid wood base and covered in a sand beige textured fabric.

Commenting on the new product, Harley J. Greenfield Chief Executive of Jennifer Convertibles, Inc. said, “Jennifer Convertibles is extremely excited to bring this new product to our customers. This livingroom package contains all the qualities our customers have come to expect from Jennifer and reinforces the commitment Jennifer Convertibles has made to continually be innovative in bringing style, quality and value to the homes of our customers. In addition to the livingroom furniture, our designers have worked diligently to decorate the entire room with coordinating accessories, including lamps, cocktail tables, end tables and a matching rug making it easier to create a complete livingroom for one low price.”

Mr. Greenfield added, “We anticipate launching this new initiative around the first of February in all our coast to coast Jennifer Convertibles showrooms.”

Jennifer Convertibles is the owner and licensor of the largest group of sofabed specialty retail stores in the United States, with 192 Jennifer Convertibles stores and 16 Jennifer Leather stores. As of January 30, 2005, the Company owned 133 stores and licensed 75 (including 24 owned and operating stores by a private company on a royalty free basis). Find the store nearest you with the [Jennifer Convertibles Store Locator.

Statements in this press release other than the statements of historical fact are "forward-looking statements." Such statements are subject to certain risks and uncertainties, including changes in retail demand, vendor performance and other risk factors identified from time to time in the Company's filings with the Securities and Exchange Commission that could cause actual results to differ materially from any forward-looking statements. These forward-looking statements represent the Company's judgment as of the date of the release. The Company disclaims, however, any interest or obligations to update these forward-looking statements.

FOR IMMEDIATE RELEASE

Contact: Janet Dawber

Jennifer Convertibles, Inc,

516-496-1900 ext 3275

http://www.jenniferfurniture.com/

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Janet Dawber
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