Fedders Announces Grand Opening of Shanghai R & D Center; Facility Doubles Company's Global Engineering Capabilities

Fedders Announces Grand Opening of Shanghai R & D Center;
Facility Doubles Company's Global Engineering Capabilities 


LIBERTY CORNER, N.J. and SHANGHAI, China, July 18  /PRNewswire-FirstCall/ -- -
Fedders Corporation (NYSE:FJC), a leading global manufacturer of air treatment
products, including air conditioners, air cleaners, dehumidifiers and
humidifiers, announced that the Grand Opening of its new Air Treatment Research
and Development Center took place on July 16, 2005.

Located in the Qingpu District of Shanghai, the new research and development
center, which is now Fedders' largest, joins nine other Fedders research,
engineering and lab facilities around the world and more than doubles the
company's global engineering capabilities.  In addition to its proximity to
Fedders five Yangtze River Delta manufacturing facilities, the Center is
strategically located to enable collaboration with local universities and
research institutes on special projects and will also enable closer
collaboration with the best suppliers of components and raw materials in the
industry.

Speaking at the Grand Opening Ceremony, Fedders' President, Michael Giordano
commented, "Together with Fedders' nine other R&D facilities, our extensive,
state-of-the-art, design and testing facilities at Qingpu will enable us to
bring to market faster, new residential and commercial air conditioning and
heating products, including room air conditioners, central ducted air
conditioners and gas heating products, as well as residential, commercial and
industrial air cleaners, dehumidifiers and humidification products.  The new
R&D center will enable us to accelerate the development of next generation
products for all of the markets we serve, and represents our commitment to
bringing Fedders' global customers world-class products and services with the
latest innovations, the highest quality and the best value."

In addition to the extensive design capabilities in Qingpu, Fedders has
relocated the headquarters for its international supply chain operations,
including Quality, Manufacturing Engineering and Global Sourcing, to the Qingpu
facility, to support the company's manufacturing facilities around the world.

(Photo:  http://www.newscom.com/cgi-bin/prnh/20050718/NYM117 )

This news release includes forward-looking statements that are covered under
the "Safe-Harbor" clause of the Private Securities Litigation Reform Act of
1995.  Such statements are based upon current expectations and assumptions.
Actual results could differ materially from those currently anticipated as a
result of known and unknown risks and uncertainties including, but not limited
to, weather and economic, political, market and industry conditions and
reliance on key customers.  Such factors are described in Fedders' SEC filings,
including its most recently filed annual report on Form 10-K.  The company
disclaims any obligation to update any forward-looking statements to
incorporate developments occurring after release of announcement. Visit the
Fedders investor information website at http://www.fedders.com/ to access
additional information on Fedders. 

http://www.newscom.com/cgi-bin/prnh/20050718/NYM117

http://photoarchive.ap.org/

DATASOURCE: Fedders Corporation



CONTACT:  Robert Laurent, Jr., of Fedders Corporation, [phone],

 



Web site:  http://www.fedders.com/ 

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