Salton(R) 'Wows' Retailers With 130 New Items at International Housewares Show
23 March 2006 - 2:30AM
Business Wire
Salton, Inc. (NYSE:SFP) declared last week's International
Housewares Show one of its most successful ever. Salton went into
the Housewares Show focused on its core business of kitchen
appliances. There were new product introductions in every brand --
a total of 130 in total -- all to be seen on retailers' shelves by
the end of the year -- in time for holiday selling. Salton
executives were able to connect with all their major customers --
to show them new, unique products, discuss their promotional plans
and put together strategies on how to maximize their business for
the all-important fourth quarter. "We were pleased with the
excellent retailer turnout at our booth and were happy to be able
to offer many innovative items that were well-received by all
classes of trade," said Salton CEO Leon Dreimann. Among the
highlights of the show were the George Foreman(R) G-BROIL(TM)
grill, which incorporates a locking hinge which turns the contact
grill into a grill/broiling machine, Foreman S525S Super Searing
Grill, which super sears the food to give it enhanced flavor and
appearance, the Foreman Brainstorm(TM) Turbo Blender, a smart
blender that incorporates fuzzy logic to determine the time,
direction and speed required for perfect results every time. Other
key introductions were the Westinghouse(TM) Thermocolor(TM) iron,
with a water tank that changes color with the temperature of the
soleplate so the user knows at a glance when the iron is at correct
temperature for the fabric being ironed, the Richard Simmons "Steam
Heat" Food Steamer, which features three horizontal compartments
that can be individually programmed to have three different foods
finished cooking and ready to serve at the same time and
Toastmaster(R) Inside Out" toaster oven broiler, with its patented
removable liner for easy cleaning in your dishwasher. In addition,
"Breakthrough products were shown to retailers at the show under
non-disclosure agreements," said Dreimann. "As patents are
finalized we will issue reports on these exciting new concepts."
About Salton, Inc. Salton, Inc. is a leading designer, marketer and
distributor of branded, high quality small appliances, electronics,
home decor and personal care products. Its product mix includes a
broad range of small kitchen and home appliances, electronics for
the home, time products, lighting products, picture frames and
personal care and wellness products. The Company sells its products
under a portfolio of well recognized brand names such as Salton(R),
George Foreman(R), Westinghouse(TM), Toastmaster(R), Mellitta(R),
Russell Hobbs(R), Farberware(R), Ingraham(R) and Stiffel(R). It
believes its strong market position results from its well-known
brand names, high quality and innovative products, strong
relationships with its customer base and its focused outsourcing
strategy. Certain matters discussed in this press release are
forward-looking statements that are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those set forth in the forward-looking statements. These
factors include: Salton's ability to realize the benefits it
expects from its U.S. restructuring plan; Salton's substantial
indebtedness and restrictive covenants in Salton's debt
instruments; Salton's ability to access the capital markets on
attractive terms or at all; Salton's relationship and contractual
arrangements with key customers, suppliers and licensors; pending
legal proceedings; cancellation or reduction of orders; the timely
development, introduction and customer acceptance of Salton's
products; dependence on foreign suppliers and supply and
manufacturing constraints; competitive products and pricing;
economic conditions and the retail environment; international
business activities; the risks related to intellectual property
rights; the risks relating to regulatory matters and other risks
and uncertainties detailed from time to time in Salton's Securities
and Exchange Commission Filings.
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