FJC Fedders

Fedders Board Elects Warren Emley, President, Fedders China LIBERTY CORNER, N.J., June 29 /PRNewswire-FirstCall/ -- Fedders Corporation (NYSE:FJC), a leading global manufacturer of air treatment products, including air conditioners, air cleaners, dehumidifiers and humidifiers and thermal technology products, today announced that its Board of Directors has named Warren Emley to the newly created position of President, Fedders China and has elected him a Vice President of Fedders Corporation. Reporting directly to Fedders' President, Michael Giordano, Mr. Emley has overall responsibility for the company's eight manufacturing operations in China. The sales and marketing of all the company's air treatment products in China, led by Walter Hawes, Vice President and General Manager, Sales and Marketing - Fedders China, will now report to Mr. Emley. In addition, Mr. Emley will continue to have responsibility for the company's manufacturing operations in India and the Philippines. This new organizational structure will also allow Fedders International, led by Rick Essex, to focus on growth in sales and profitability in key international markets outside of China, including India, the Philippines, other Asian markets, the Middle East, Europe and Latin America. Commenting on the election of Mr. Emley, Michael Giordano said, "This is a strategically important position that Mr. Emley is uniquely qualified to fill. Being located in China for the past five years as Vice President, Manufacturing - HVACR China and most recently as Senior Vice President, Operations - Fedders International, Mr. Emley has first-hand experience in and knowledge of the China market and the requirements to be successful there. This newly created position will more closely align Fedders' manufacturing, engineering and sales organizations in China and enable Fedders to further expand in this rapidly growing market." Mr. Emley has been with Fedders Corporation for more than thirteen years and has held positions of increasing responsibility in the areas of quality and service, in addition to manufacturing operations. 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. DATASOURCE: Fedders Corporation CONTACT: Robert Laurent, Jr., Fedders Corporation, +1-908-604-8686, Web site: http://www.fedders.com/

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