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Steiner Leisure Limited Announces Extension Of Agreement With Silversea Cruises

NASSAU, The Bahamas, Sept. 4, 2012 (GLOBE NEWSWIRE) -- Steiner Leisure Limited (Nasdaq:STNR) today announced that it has entered into an amendment to extend the term of its agreement with Silversea Cruises Ltd., through December 31, 2015.

Steiner will continue its exclusive operation of hair salons, beauty, massage, fitness and spa facilities and provision of related signature services on board Silversea's ultra-luxury vessels.

Leonard Fluxman, President and Chief Executive Officer of Steiner Leisure, said, "It is our distinct pleasure to announce this extension of our agreement with Silversea. We look forward to continuing to enhance the vacation experiences of Silversea's discerning international guests with our luxurious spa facilities, indulgent and effective services and products, as well as an ever-evolving range of innovative, unique and personalized wellness offerings."

Steiner Leisure Limited is a worldwide provider and innovator in the fields of beauty, wellness and education. We are dedicated to maintaining the highest quality standards and continually evolving to include and anticipate new developments within our industry. We aim to maintain and expand our existing diverse portfolio of services, products and brands, as well as to seek out new opportunities to complement our business.

Our services include traditional and alternative massage, body and skin treatment options, fitness, acupuncture, herbal medicine, medi-spa treatments and laser hair removal. We are committed to providing our customers with a wide-ranging assortment of beauty products, including premium quality options developed by us under our own brands, as well as those purchased from third parties.

Our distribution channels include our shipboard and land-based spas and salons, destination spas, health clubs, department stores and third party retail outlets and distributors. We also sell our products on certain British Airways flights, on QVC, by catalog, and online through our websites, including www.timetospa.com and www.blissworld.com .

Our post secondary schools offer programs in massage therapy and skin care, among others, and, along with our recruiting and training operations, prepare spa professionals for careers in the health and wellness industry, including within the Steiner family of companies.

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