Physicians Formula Acquired by Markwins

Physicians Formula Holdings (Nasdaq:FACE) ("Physicians Formula" or the "Company") and Markwins International Corporation ("Markwins") announced that the stockholders of Physicians Formula approved the acquisition of Physicians Formula by Markwins at the meeting of stockholders of Physicians Formula held on Nov. 8. Upon the closing of the transaction, Physicians Formula will be owned by Markwins. The closing is expected to occur on or before Nov. 13, but is subject to the satisfaction or waiver of remaining closing conditions.