Exide (NASDAQ:EXDTQ)
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Exide is Exclusive Supplier to Farm & Home Supply
Retailer is Newest Exide Customer in the Mid-States Buying Group
LAWRENCEVILLE, N.J., April 12 /PRNewswire-FirstCall/ -- Exide Technologies,
(BULLETIN BOARD: EXDTQ) ( http://www.exide.com/ ) a global leader in stored
electrical-energy solutions, has been named the exclusive battery supplier to
Farm & Home Supply. Exide is supplying a complete range of batteries to all of
the company's seven retail locations in southern Illinois and northeast
Missouri.
Farm & Home Supply, a family-owned business, was founded in 1960 in Quincy,
Illinois. It provides animal care supplies, automotive products, clothing, farm
supplies and sporting goods primarily to customers in rural markets.The
retailer is affiliated with Mid-States Distributing Company, Inc., a buying
organization serving home, farm and fleet retailers. Mid- States has 52 members
with more than 500 retail locations nationwide. Exide already supplies other
Mid-States members in 20 states in the South, Midwest, and Western U.S.
Exide has begun to supply Farm & Home Supply with a complete range of
automotive, agricultural, light truck, lawn & garden, heavy duty, motorcycle,
marine and golf car batteries under the Exide Champion(R) and NASCAR Select(R)
brands and the Mid-States Dura-Start private label. The product line includes a
wide selection of batteries to meet various climate and performance needs as
well as applications.
"Exide earned the Farm & Home Supply business through our track record of sales
and service to other Mid-States members," said David G. Enstone, president of
the Exide Technologies Global Transportation Business Group. "With a singular
focus on continuous improvement and customer service, weare in business to help
customers such as Farm & Home Supply and other Mid-States members live up to
their customer promises."
The Exide Salina, Kansas, facility, the largest automotive battery manufacturing
plant in the world, will produce products for Farm & Home Supply. The batteries
will be supplied through Exide's distribution network in St. Louis, Missouri.
About Exide Technologies:
Exide Technologies, with operations in 89 countries and fiscal 2003 net sales of
approximately $2.4 billion, is one of the world's largest producers and
recyclers of lead-acid batteries. The company's two global business groups --
industrial energy and transportation -- provide a comprehensive range of stored
electrical energy products and services for industrial and transportation
applications.
Industrial uses include network power applications such as telecommunications
systems, electric utilities, railroads, photovoltaic (solar-power related) and
uninterruptible power supply (UPS); and motive-power applications for a broad
range of equipment uses, including lift trucks, mining vehicles and commercial
vehicles.
Transportation applications include automotive, heavy-duty truck, agricultural
and marine, as well as new technologies being developed for hybrid vehicles and
new 42-volt automotive applications. The company supplies both aftermarket and
original-equipment transportation customers.
Further information about Exide Technologies, its financial results and other
information can be found at http://www.exide.com/ .
Certain statements in this press release may constitute forward-looking
statements as defined by the Securities Litigation Reform Act of 1995. As such,
they involve known and unknown risks, uncertainties and other factors that may
cause the actual results of the company to be materially different from any
results expressed or implied by such forward-looking statements. These are
enumerated in further detail in the company's Form 10-K.
MEDIA CONTACT:
Jeannine Addams or Kristin Wohlleben
Tarkenton & Addams, Inc.
404/231-1132
INVESTOR CONTACT:
Doug Morris
Gavin Anderson & Company
212/515-1962
DATASOURCE: Exide Technologies
CONTACT: Media, Jeannine Addams or Kristin Wohlleben of Tarkenton &
Addams, Inc., +1-404-231-1132; or Investors, Doug Morris of Gavin Anderson &
Company, +1-212-515-1962
Web site: http://www.exide.com/