Water Pik Technologies Stockholders Approve Merger

Water Pik Technologies, Inc. (NYSE:PIK) today announced
that its stockholders approved the adoption of the Agreement and Plan
of Merger, dated as of January 6, 2006, among the Company, Coast
Acquisition Corporation and Coast Merger Corporation. The merger is
expected to be completed on Wednesday, April 12, 2006. As previously
announced, under the terms of the Agreement and Plan of Merger,
stockholders will be entitled to receive $27.75 in cash for each share
of common stock.
   Stockholders submitted proxies which overwhelmingly authorized the
proxies to vote "FOR" the proposal to adopt the Agreement and Plan of
Merger. Of the approximately 80 percent of outstanding shares that
were voted, approximately 99 percent or 9,772,417 shares were
submitted authorizing the proxy to vote in favor of the adoption of
the merger agreement. On February 22, 2006, in satisfaction of one of
the conditions to the Coast Merger, the Federal Trade Commission
("FTC") granted early termination of the waiting period for United
States anti-trust regulatory review. Additionally, the parties have
received anti-trust clearance from Germany and Austria.

   Forward-looking Statements

   In this news release, any statements, 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.
Actual results could differ materially from these forward-looking
statements as a result of the risk factors described in our filings
with the Securities and Exchange Commission. With respect to the
closing of the transaction and the closing date are subject to the
satisfaction of agreed upon closing conditions specified in the
definitive agreement and approval of the Water Pik Technologies, Inc.
stockholders. The failure to satisfy the closing conditions could
result in a failure of or delay in closing the transaction. 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. We do 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.

   Water Pik Technologies, Inc. is a leading developer, manufacturer
and marketer of innovative personal healthcare products and swimming
pool and spa products sold under the Water Pik(R) and Jandy(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 six major facilities in the
United States and Canada. For more information, visit the Water Pik
Technologies, Inc. web site at www.waterpik.com.