QEPC Q E P Company Inc (QX)

Q.E.P. CO., INC. � (Nasdaq:QEPC), today announced the promotion of Jamie Clingan to Senior Vice President of International Marketing. In her new role, Ms. Clingan will be responsible for the Company�s direct import programs to all large volume buyers and customers globally, direct selling within the China domestic market, expansion of existing product lines and strategic realignments of current and potential target markets served. Lewis Gould, Q.E.P.�s Chairman and Chief Executive Officer, stated: �Ms.�Clingan has been with the company for over 12 years. She has traveled to all of our international subsidiaries and spent last month working in our China Buying Office, visiting vendors and contacting both international and domestic American retailers. Jamie has a unique knowledge of our business and is highly qualified for this position.� Q.E.P. Co., Inc., founded in 1979, is a leading manufacturer, marketer and distributor of a broad line of flooring tools and accessories for the home improvement and professional installer markets. Under brand names Q.E.P., Roberts, Q-Set and O'Tool, Q.E.P. markets approximately 3,000 products used primarily for surface preparation and installation of ceramic tile, carpet, vinyl and wood flooring. The Company sells its products to large home improvement retail centers, as well as traditional distribution outlets in 50 states and around the world. Certain statements in this press release, including statements regarding our expectations regarding continued manufacturing efficiencies, increases in our gross and operating profit margins, our ability to manage operating expenses, and our ability to implement additional price increases are forward-looking statements, which are made pursuant to the safe-harbor provisions of the Securities Litigation Reform Act of 1995. The forward-looking statements are made only as of the date of this report and are subject to risks and uncertainties which could cause actual results to differ materially from those discussed in the forward-looking statements and from historical results of operations. Among the risks and uncertainties that could cause such a difference are the Company�s assumptions relating to the expected growth in sales of its products, the continued success of the Company�s manufacturing processes, continued increases in the cost of raw materials and finished goods, improvements in productivity and cost reductions, the continued success of initiatives with certain of the Company�s customers, the success of the Company�s price increases initiatives, and the success of the Company�s sales and marketing efforts. Q.E.P. CO., INC. - (Nasdaq:QEPC), today announced the promotion of Jamie Clingan to Senior Vice President of International Marketing. In her new role, Ms. Clingan will be responsible for the Company's direct import programs to all large volume buyers and customers globally, direct selling within the China domestic market, expansion of existing product lines and strategic realignments of current and potential target markets served. Lewis Gould, Q.E.P.'s Chairman and Chief Executive Officer, stated: "Ms. Clingan has been with the company for over 12 years. She has traveled to all of our international subsidiaries and spent last month working in our China Buying Office, visiting vendors and contacting both international and domestic American retailers. Jamie has a unique knowledge of our business and is highly qualified for this position." Q.E.P. Co., Inc., founded in 1979, is a leading manufacturer, marketer and distributor of a broad line of flooring tools and accessories for the home improvement and professional installer markets. Under brand names Q.E.P., Roberts, Q-Set and O'Tool, Q.E.P. markets approximately 3,000 products used primarily for surface preparation and installation of ceramic tile, carpet, vinyl and wood flooring. The Company sells its products to large home improvement retail centers, as well as traditional distribution outlets in 50 states and around the world. Certain statements in this press release, including statements regarding our expectations regarding continued manufacturing efficiencies, increases in our gross and operating profit margins, our ability to manage operating expenses, and our ability to implement additional price increases are forward-looking statements, which are made pursuant to the safe-harbor provisions of the Securities Litigation Reform Act of 1995. The forward-looking statements are made only as of the date of this report and are subject to risks and uncertainties which could cause actual results to differ materially from those discussed in the forward-looking statements and from historical results of operations. Among the risks and uncertainties that could cause such a difference are the Company's assumptions relating to the expected growth in sales of its products, the continued success of the Company's manufacturing processes, continued increases in the cost of raw materials and finished goods, improvements in productivity and cost reductions, the continued success of initiatives with certain of the Company's customers, the success of the Company's price increases initiatives, and the success of the Company's sales and marketing efforts.