SFP Salton

Salton, Inc. (NYSE:SFP) announced today that David C. Sabin has decided to retire from his positions as Chairman of the Board and Director of the Company, effective immediately. Mr. Sabin will continue as consultant to the Company for a transition period assisting the Company in its customer relations activities and product development efforts. Mr. Leonhard Dreimann, Chief Executive Officer, commented: "On behalf of the Board of Directors and employees of Salton, we would like to express our appreciation to David Sabin for his efforts and significant contributions on behalf of the Company over the past 20 years. We are pleased that David has agreed to continue to assist us in maintaining and strengthening our relationships with existing and new customers." 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, tabletop products, 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), Melitta(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.