DRYCLEAN USA, Inc. (NYSE ALTERNEXT:DCU) today reported revenues and earnings for the six and three month periods ended December 31, 2008. For the first six months of fiscal 2009, revenues increased by 24.9% to a record $12,964,465 from $10,381,524 for the same period of fiscal 2008. Net earnings increased by 48.7% to $434,691 or $.06 per diluted share compared to net earnings of $292,310 or $.04 per diluted share for the same period of fiscal 2008.

Fabric Restoration Service Team (FRSTeam), one of the largest national fabric restoration specialty cleaners, today announced plans to aggressively expand its business into New England and Upstate New York. FRSTeam provides comprehensive restoration services for fabrics and textiles damaged by smoke, fire, water and mold. The company is currently interviewing drycleaners that are interested in expanding their operations by adding a fabric restoration division to their business model.

“We offer an established and successful program for drycleaners

DRYCLEAN USA, Inc. (AMEX:DCU) reported increased operating results for the three month period ended September 30, 2008.

For the first three months of fiscal 2009, revenues increased 42.5% to $6,750,817 from $4,736,644 for the same period of last year. Net earnings increased 84.9% to $209,001 or $.03 per diluted share from $113,044 or $.02 per diluted share in the first quarter of fiscal 2008.

Venerando J. Indelicato, Chief Financial Officer of DRYCLEAN USA Inc., stated: “We are pleased with the Company’s performance during the first quarter of fiscal 2009, having attained near record revenues and earnings. Although we operated on lower gross profit margins due to larger contracts, which historically carry lower margins, our overall profitability improved due to higher revenues. The Company will continue its efforts to aggressively increase its market share during these recessionary times even though existing projects have become more competitive.”

DRYCLEAN USA, Inc. through its subsidiaries is one of the nation’s leading distributors of industrial laundry, dry cleaning machines and steam boilers. Its subsidiary, DRYCLEAN USA License Corp, is one of the largest franchise and license operations in the dry cleaning industry, in the United States, the Caribbean and Latin America.

DRYCLEAN USA, Inc. (AMEX:DCU) today reported results of operations for the Company’s year ended June 30, 2008.

Revenues for fiscal 2008 were $22,705,143, and were basically flat when compared to revenues of $22,748,527 in fiscal 2007. Net earnings decreased by 31.7% to $601,852 or $.09 per diluted share for fiscal 2008, from $880,990 or $.13 per diluted share in fiscal 2007.

Venerando J. Indelicato, Chief Financial Officer of DRYCLEAN USA, Inc., stated: “Although the Company experienced a reduction in revenues during the first three quarters of fiscal 2008 due to a slowing economy, we were able to ship some of our accumulated backlog and have a record fourth quarter. Unfortunately earnings in fiscal 2008 did not keep pace with fiscal 2007 mostly due to costs associated with the restructuring of our administration and sales staff and increased payroll expenses. However, the Company will enter fiscal 2009 with a better positioned staff and an increase in orders.”

DRYCLEAN USA, Inc. through its subsidiaries is one of the nation’s leading distributors of industrial laundry, dry cleaning machines and steam boilers. Its subsidiary, DRYCLEAN USA License Corp, is one of the largest franchise and license operations in the dry cleaning industry in the United States, the Caribbean and Latin America.

This press release contains certain information that is subject to a number of known and unknown risks and uncertainties that may cause actual results and trends to differ materially from those expressed or implied by the forward-looking statements. Information concerning such factors are discussed in Company reports filed with the Securities and Exchange Commission.

DRYCLEAN USA, Inc. (AMEX:DCU)
Summary of Consolidated Statements of Income
	Year ended June 30,
		2008			2007
Revenues	$	22,705,143		$	22,748,527
Earnings before income taxes		954,591			1,410,724
Provision for income taxes		352,739			529,734
Net earnings	$	601,852		$	880,990
Basic and diluted
earnings per share	$	.09		$	.13
Weighted average shares
outstanding:
Basic		7,034,258			7,034,390
Diluted		7,036,727			7,037,846

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US Dry Cleaning Corporation (OTCBB:UDRY), the nation’s first consolidator of dry cleaning stores, today reported its results for the fiscal third quarter and nine month period of 2008, ending June 30. For the quarter, net sales increased 112% from the same a year ago. For the quarter ending June 30 2008, the company reported sales of approximately $5,132,000 compared to approximately $2,427,000 for the comparable period last year. Furthermore, the company showed a quarter to quarter increase in sales of 78%. For the March 31, 2008 quarter the company reported $2,875,509 in sales. For the quarter ending June 30, 2008 the company reported a net loss of approximately $2,029,000 or $0.11 per share, compared to a net loss of approximately $1,815 or $0.10 per share for the similar period one year ago. This net loss is attributed to legal, accounting, financing and merger and acquisition costs required for achieving rapid growth.

DRYCLEAN USA, Inc. (AMEX:DCU) recently reported revenues and earnings for the six and three month periods ended December 31, 2007. For the first six months of fiscal 2008, the Company’s revenues decreased by 15.3% to $10,381,524 from $12,255,000 for the same period of fiscal 2007. Net earnings decreased by 32.0% to $292,310 or $.04 per diluted share compared to net earnings of $429,958 or $.06 per diluted share for the same period of fiscal 2007.

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