APN Apeiron Capital Investment Corp

Applica Named Supplier of the Year for Small Appliances MIAMI LAKES, Fla., April 20 /PRNewswire-FirstCall/ -- Applica Incorporated today announced that it was named Supplier of the Year for Small Appliances, Department 15 for Wal-Mart Stores, Inc. The award is given to only a few selected Wal-Mart suppliers whose merchandise quality, fulfillment execution and understanding of the market represents what is best in retail/supplier relationships. Harry D. Schulman, Applica's President and Chief Executive Officer, stated, "We are very proud to be named Wal-Mart's Supplier of the Year for the Small Appliance Department. This award is a validation of all of our hard work over the past few years on all aspects of our business. Applica's future success is based on many aspects, but none more important than our relationship with our key customers. We intend to continue to work hand-in- hand with Wal-Mart to better serve the consumer and grow our companies." Applica Incorporated and its subsidiaries are marketers, distributors and manufacturers of a broad range of branded and private-label small electric consumer goods. Applica markets, distributes and manufactures kitchen products, home products, pest control products, pet care products and personal care products. Applica markets products under licensed brand names, such as Black & Decker(R), its own brand names, such as Windmere(R), LitterMaid(R) and Applica(R), and other private-label brand names. Applica's customers include mass merchandisers, specialty retailers and appliance distributors primarily in North America, Latin America and the Caribbean. The Company operates manufacturing facilities in China and Mexico. In addition, Applica manufactures products for other consumer products companies. Additional information regarding the Company is available at http://www.applicainc.com/ . DATASOURCE: Applica Incorporated CONTACT: Investor Relations Department of Applica Incorporated, +1-305-362-2611, or Web site: http://www.applicainc.com/

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