ADC ANNOUNCES PROMOTION OF BENEVIDES

        Fall River, Massachusetts –March 12, 2008– American Dryer Corporation (“ADC�) announces the promotion of Creig Benevides to the position of Manufacturing Manager. A 14-year veteran of ADC, Mr. Benevides held the position of Sheet Metal Supervisor at ADC prior to his promotion. As Supervisor, Mr. Benevides managed the Sheet Metal, Welding and Programming Departments, which are comprised of more than 30 people. This newly created position highlights Mr. Benevides contribution to the overall manufacturing program and will allow him to continue to make improvements factory-wide. “In the past year, I have been increasing Creig Benevides’s role at ADC. His breadth of experience now reaches far outside the Sheet Metal Department. Today, I utilize Creig more as a manufacturing expert throughout the organization,� said Joseph Bazzinotti, Vice President of Operations at ADC. “He is key in the design of fixtures, tooling, cell layouts, planni...