Water Pik Technologies, Inc. Sells Heating Systems Business

Water Pik Technologies, Inc. (NYSE:PIK) today announced
that it has signed a definitive agreement to sell its Laars(R) Heating
Systems business to Bradford White Corporation for $24,300,000. The
transaction is expected to be completed on June 30, 2005. The sale is
not expected to have a material impact on operating income for the
remainder of Fiscal-Year 2005, other than the effect of recording the
transaction.
   "We are pleased that we have been able to reach this mutually
beneficial agreement with Bradford White," said Water Pik
Technologies' Chief Executive Officer Michael P. Hoopis. "The
divestiture of our Heating Systems business will allow us to further
focus our resources on our two remaining business segments." As
previously announced in January 2005, the Board of Directors is
continuing its review of strategic alternatives for the Company.
   "The addition of the Laars(R) Heating Systems' extensive line of
technologically advanced products, its personnel and manufacturing and
distribution capabilities are key additions to the Bradford White
family," said A. Robert Carnevale, President and Chief Executive
Officer of Bradford White Corporation. "The acquisition is one in a
series of focused moves we have made in recent years to continue
growth and expand our appeal to the plumbing and HVAC industry." The
Laars(R) Heating Systems business will become a wholly owned
subsidiary of Bradford White.

   Forward-looking Statements

   In this press release, the statement regarding the expected
closing date and statements from Mr. Hoopis are forward-looking
statements. In addition, any other statements contained in this press
release, which are not historical fact, may be considered
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. The closing of the
transaction and the closing date are subject to the satisfaction of
agreed upon closing conditions specified in the definitive agreement.
The failure to satisfy the closing conditions could result in a
failure of or delay in closing the transaction. With respect to the
Company's strategic alternatives announcement on January 4, 2005, no
assurance can be given that any strategic alternative involving a
transaction will be pursued or, if a transaction is pursued, that it
will be consummated. In addition, the impact, if any, that pursuing
strategic alternatives will have on the financial performance or
operations of the Company is uncertain. The reader is cautioned not to
rely on any forward-looking statements, as actual results may differ
materially from those reflected in the forward-looking statements. The
Company does not have any intention or obligation to update
forward-looking statements, even if new information, future events or
other circumstances make them incorrect or misleading.

   Bradford White Corporation is a full line manufacturer of
residential, commercial and industrial products for water heating,
space heating, combination heating and storage applications. The
Company is headquartered in Ambler, PA and has manufacturing
facilities in Middleville, MI, Niles, MI and Mississauga, ON, Canada.

   Water Pik Technologies, Inc. is a leading developer, manufacturer
and marketer of innovative personal health care products, pool
products and water-heating systems sold under the Water Pik(R),
Jandy(R) and Laars(R) brand names. The Company has developed and
introduced many products that are considered the first of their kind
and have led to the formation of new markets, including the automatic
toothbrush, end-of-faucet water filtration system, pool heater and
pulsating shower massage. The Company's products are sold through a
variety of channels, including home centers, mass-merchandisers, drug
store chains and specialty retailers, wholesalers and contractors.
Headquartered in Newport Beach, California, the Company operates ten
major facilities in the United States and Canada. For more
information, visit the Water Pik Technologies, Inc. web site at
www.waterpik.com.