MFRM Mattress Firm Holding Corp. (MM)

NORTHVILLE, Mich. and HOUSTON, June 17, 2015 /PRNewswire/ -- Gentherm (NASDAQ-GS: THRM), the global market leader and developer of innovative thermal management technologies, and Mattress Firm (NASDAQ-GS: MFRM), the nation's leading specialty bedding retailer, today announced the launch of the Atmos™ mattress. The mattress is actively heated and cooled through Gentherm's unique Climate Control Sleep System, developed to offer localized heating and cooling. The mattress will be marketed and sold by Mattress Firm stores in the Kansas City area in June, in Minneapolis and Orlando in July with additional regions to be added in the coming months.

"The Atmos mattress allows people to customize their sleep experiences based on individual temperature and comfort needs," said Steve Stagner, CEO of Mattress Firm. "There's a growing interest in how sleep and technology intersect, and our partnership with Gentherm has allowed us to create a product that provides an option for customers looking to tailor their sleep environment."

Wireless controls are used to actively manage the heating and cooling of each side of the bed independently. The Atmos mattress thermal comfort is controlled by a handheld wireless remote control unit. The system is based on the same thermoelectric technology that has proven successful in the automotive market.

The Atmos mattress includes a custom designed 7.5-inch SensaCore™ support system that is anatomically zoned with foam springs for contouring, spinal alignment and body placement. The mattress is topped with Dri-Temp Foam™, a highly responsive material made to hug and cool the body's curves, maintain continuous airflow and keep the mattress surface dry. 

Gentherm President and CEO Daniel R. Coker noted that thermal technology is perfectly suited for luxury bedding materials.

"Our thermal products are known worldwide for their sustainable, solid state, environmentally-friendly technology," Coker said. "Atmos has been engineered to demonstrate the range of individual control and comfort levels that we can achieve in our products. We believe our technology has broad potential with applications in a variety of industries, and the Atmos mattress is a prime example of this."  

About Mattress Firm
With more than 2,200 company-operated and franchised stores across 40 states, Mattress Firm Holding Corp. (MFRM) has the largest geographic footprint in the United States among multi-brand mattress retailers. Founded in 1986, Houston-based MFRM is the nation's leading bedding retailer with over $2.0 billion in sales over the past 12 months. MFRM, through its family of brands, including Mattress Firm, Sleep Train and Mattress Pro, offers a broad selection of both traditional and specialty mattresses, bedding accessories and other related products from leading manufacturers, including Sealy, Tempur-Pedic, Serta, Simmons, Stearns & Foster, and Hampton & Rhodes. More information is available at www.mattressfirm.com. MFRM's website is not part of this press release.

About Gentherm
Gentherm (NASDAQ-GS:THRM) is a global developer and marketer of innovative thermal management technologies for a broad range of heating and cooling and temperature control applications. Automotive products include actively heated and cooled seat systems and cup holders, heated and ventilated seat systems, thermal storage bins, heated automotive interior systems (including heated seats, steering wheels, armrests and other components), cable systems and other electronic devices.  The Company's advanced technology team is developing more efficient materials for thermoelectric and systems for waste heat recovery and electrical power generation for the automotive market that may have far-reaching applications for consumer products as well as industrial and technology markets.  Gentherm has more than 8,300 employees in facilities in the U.S., Germany, Mexico, China, Canada, Japan, England, Korea, Malta, Hungary and the Ukraine.  For more information, go to www.gentherm.com.

Except for historical information contained herein, statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include statements regarding future sales, products, opportunities, markets, expenses and profits. Forward-looking statements involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to differ materially from forecasted results. Those risks include, but are not limited to, risks that sales may not increase, additional financing requirements may not be available, new competitors may arise and adverse conditions in the industry in which the Company operates may negatively affect its results. Those and other risks are described in the Company's annual report on Form 10-K for the year ended December 31, 2013 and subsequent reports filed with the Securities and Exchange Commission (SEC), copies of which are available from the SEC or may be obtained from the Company. Except as required by law, the Company assumes no obligation to update the forward-looking statements, which are made as of the date hereof, even if new information becomes available in the future.

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SOURCE Gentherm