Tandy Leather Factory Opens Retail Store in Eugene, Oregon

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| Source: Tandy Leather Factory, Inc.

FORT WORTH, Texas, Nov. 13, 2012 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq:TLF) announced today that it has opened a new retail store in Eugene, Oregon. This brings the number of Tandy Leather retail stores to 78. The new store is located in the Bailey Hill Village Shopping Center at 1055 Bailey Hill Road in Eugene.   

Chief Executive Officer, Jon Thompson, commented, "We are excited to bring Tandy Leather to Eugene. We have a Leather Factory store in Portland that performs extremely well and we expect this new store in Eugene to be no different. Jennifer Olbinski is the manager of the new store. She has been training in one of our Arizona stores all year. We are confident that she will do well in her new position as manager of the Eugene store."

Tandy Leather Factory, Inc., http:/www.tandyleatherfactory.com">(http://www.tandyleatherfactory.com), headquartered in Fort Worth, Texas, is a specialty retailer and wholesale distributor of a broad product line including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company distributes its products through its 29 Leather Factory stores, located in 19 states and 3 Canadian provinces, 78 Tandy Leather retail stores, located in 37 states and 6 Canadian provinces, and three combination wholesale/retail stores located in the United Kingdom, Australia and Spain. Its common stock trades on the Nasdaq with the symbol "TLF". To be included on Tandy Leather Factory's email distribution list, go to http://www.b2i.us/irpass.asp?BzID=1625&to=ea&s=0">http://www.b2i.us/irpass.asp?BzID=1625&to=ea&s=0.

The Tandy Leather Factory, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7760

This news release may contain statements regarding future events, occurrences, circumstances, activities, performance, outcomes and results that are considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results and events may differ from those projected as a result of certain risks and uncertainties. These risks and uncertainties include but are not limited to: changes in general economic conditions, negative trends in general consumer-spending levels, failure to realize the anticipated benefits of opening retail stores; availability of hides and leathers and resultant price fluctuations; change in customer preferences for our product, and other factors disclosed in our filings with the Securities and Exchange Commission. These forward-looking statements are made only as of the date hereof, and except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Shannon L. Greene, Tandy Leather Factory, Inc.
(817) 872-3200 or 

Mark Gilbert, Magellan Fin, LLC
(317) 867-2839 or