SUGAR LAND TX Jul 06 MARKET WIRE — Industrial Info Resources Sugar Land

June 16, 2010 No Comments

SUGAR LAND, TX, Jul 06 (MARKET WIRE) — Industrial Info Resources (Sugar Land, Texas) will host special guestDefined Source Cooperative (DSC) Incorporated (Philadelphia,Pennsylvania) on this week’s “Industry Today.” Defined Source Cooperativeis a field-service consulting firm that has developed one of the mostextensive, hand-picked domestic (U.S.) and international networks of theindustry’s most capable veterans and next-generation talents. Investor Relations Department (225) 647-9146 Halliburton Investor Relations (972) 458-8000. The Company does not undertake to updatethe forward-looking statements contained herein to conform to actual results orchanges in our expectations, whether as a result of new information, futureevents or otherwise.-0-CONTACT: Crown Crafts, Inc. Wordssuch as “expects,” “believes,” “anticipates” and variations of such words andsimilar expressions identify such forward-looking statements. Forward-lookingstatements involve known and unknown risks and uncertainties that may causefuture results to differ materially from those suggested by the forward-lookingstatements.

Such statements are based uponmanagement’s current expectations, projections, estimates and assumptions. Crown Crafts is America’s largest distributor ofinfant bedding, bibs and bath items. The Company’s products include licensed andbranded collections as well as exclusive private label programs for certain ofits customers.Forward-Looking StatementsThis release contains forward-looking statements within the meaning of theSecurities Act of 1933, the Securities Exchange Act of 1934 and the PrivateSecurities Litigation Reform Act of 1995. designs, markets and distributes infant and toddler consumerproducts, including bedding, blankets, bibs, bath items and accessories Itsoperating subsidiaries include Hamco, Inc in Louisiana and Crown Crafts InfantProducts, Inc in California.

Orders for Neat Solutions’products will begin shipping immediately from the Company’s distributionfacility in Compton, California.About Crown Crafts, Inc.Crown Crafts, Inc. Chestnut continued.The management and employees of Neat Solutions will be retained for atransitional period of three to six months to assist with the integration of theoperations of Neat Solutions with those of Hamco. We anticipatean annual increase in net sales of $4.6 million as a result of this acquisition.We are especially excited about the opportunities for growth in the quick serveand casual dining arenas, which currently represent 19% of the net sales of NeatSolutions’ products,” Mr. Randall Chestnut, Chairman, President and Chief Executive Officerof the Company. “We anticipate the acquisition to be swiftly accretive to EBITDA(earnings before interest, taxes, depreciation and amortization) and we areconfident that the addition of Neat Solutions’ strong portfolio of products willstrengthen our business in the toddler consumer products category. More information about the company and its products can be found on theNeat Solutions web site at “We are thrilled to find another strategic acquisition opportunity. NeatSolutions has an impressive record of sales growth and cost containment,”commented E.

The final purchase price is subject to adjustment pending thepreparation and satisfactory review of the financial statements of NeatSolutions as of and through the closing date.Neat Solutions’ portfolio of products also includes the Potty Topper(r) toiletseat cover, diaper changing pads, disposable bibs, floor mats, car seat coversand burp cloths, all of which provide absorbent mess protection at home andaway. Acquires the Assets of Neat Solutions, Inc., Developer of theTable Topper(r); Acquisition to Provide Expansion of Toddler Products LineGONZALES, La., July 6, 2009 (GLOBE NEWSWIRE) — Crown Crafts, Inc. (the”Company”) (Nasdaq:CRWS) today announced the acquisition, through itswholly-owned subsidiary, Hamco, Inc., of substantially all of the assets of NeatSolutions, Inc., the privately-held developer of the Table Topper(r)Stay-in-Place Mat(r).At closing, which was effective as of the close of business on Thursday, July 2,2009, the Company paid a preliminary purchase price of $4.4 million, net ofcertain specified liabilities assumed, for substantially all of the assets ofNeat Solutions. That’s what I am urging again to all the countries of the world.”(Reporting by Stephanie Nebehay; Editing by Richard Balmforth) World. Crown Crafts, Inc.

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