New York & Company, Inc. Announces Participation in Consumer Conferences

New York & Company, Inc. [NYSE:NWY], today announced that the Company will be participating at the 7^th Annual Cowen and Company Consumer Conference and the 11^th Annual ICR XChange Conference.

The presentation for the 7^th Annual Cowen and Company Consumer Conference will be held at The Westin New York at Times Square on Tuesday, January 13, 2009 at 1:30 p.m. Eastern Standard Time. The presentation for the 11^th Annual ICR XChange will be held at The St. Regis Monarch Beach Resort & Spa in Dana Point, California on Thursday, January 15, 2009 at 12:00 p.m. Pacific Standard Time. Richard P. Crystal, Chairman and Chief Executive Officer and Sheamus Toal, EVP and Chief Financial Officer will host the presentations, which will also be webcast live at www.nyandcompany.com.

Forward Looking Statements: This press release contains certain forward looking statements. Some of these statements can be identified by terms and phrases such as "anticipate,” "believe,” "intend,” "estimate,” "expect,” "continue,” "could,” "may,” "plan,” "project,” "predict”, and similar expressions and include references to assumptions that we believe are reasonable and relate to our future prospects, developments and business strategies. Such statements are subject to various risks and uncertainties that could cause actual results to differ materially. These include, but are not limited to: (i) our ability to open and operate stores successfully; (ii) seasonal fluctuations in our business; (iii) our ability to anticipate and respond to fashion trends; (iv) general economic conditions, consumer confidence and spending patterns; (v) our dependence on mall traffic for our sales; (vi) competition in our market, including promotional and pricing competition; (vii) our ability to retain, recruit and train key personnel; (viii) our reliance on third parties to manage some aspects of our business; (ix) our reliance on foreign sources of production; (x) our ability to protect our trademarks and other intellectual property rights; (xi) our ability to maintain, and our reliance on, our information technology infrastructure; (xii) the effects of government regulation; (xiii) the control of the company by our sponsors and any potential change of ownership of those sponsors; and (xiv) other risks and uncertainties as described in our documents filed with the SEC, including our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. We undertake no obligation to revise the forward looking statements included in this press release to reflect any future events or circumstances.

About New York & Company, Inc.

New York & Company, Inc., founded in 1918, is a leading specialty retailer of fashion-oriented, moderately-priced women’s apparel. The Company’s proprietary branded New York & Company ™ merchandise is sold exclusively through its national network of retail stores and E-commerce store at www.nyandcompany.com. The Company currently operates 600 stores in 44 states. Additionally, certain product, press release and SEC filing information concerning the Company are available at the Company’s website: www.nyandcompany.com.