KMFI Keller Manufacturing Company Inc (PK)

The Keller Manufacturing Company, Inc. (๏ฟฝKeller๏ฟฝ) (Pink Sheets: KMFI) announced today that its subsidiary, Paragon Door Designs, Inc., (๏ฟฝParagon๏ฟฝ) has acquired exclusive rights to the Radiance Entry Systems product line, customer base and order stream of J.J. Moore Sales, Inc. of Erie, PA. The purchase price is based on an earn-out agreement over a two year period. The Radiance Entry Systems products will be manufactured at the Paragon facility in Louisville, KY. A distribution and customer service center will be maintained in Erie, PA to service the current Radiance delivery area. David N. Burks, the President and CEO of Paragon stated, ๏ฟฝParagon continues to execute its strategic plan for growth of market share and product offerings. Therefore, I am pleased with this timely and planned acquisition. This gives Paragon a larger footprint in the northeastern portion of the country, as well as a highly regarded brand, in Radiance Entry Systems, to add to its product lines.๏ฟฝ For more information about Paragon please visit www.paragondoor.com. Keller acquired a majority interest in Paragon in January of 2006. The news release contains certain statements that are ๏ฟฝforward-looking statements๏ฟฝ within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Those statements may include statements regarding the intent, belief or current expectations of the Company or its officers with respect to (i) the Company๏ฟฝs strategic plans, (ii) the policies of the Company regarding capital expenditures, dividends, financing and other matters, and (iii) industry trends affecting the Company๏ฟฝs financial condition or results of operations. Readers of this news release are cautioned that reliance on any forward-looking statement involves risks and uncertainties. Although the Company believes that the assumptions on which the forward-looking statements contained herein are based are reasonable, any of those assumptions could prove to be inaccurate given the inherent uncertainties as to the occurrence or nonoccurrence of future events. There can be no assurance that the forward-looking statements contained in this news release will prove to be accurate. The inclusion of a forward-looking statement herein should not be regarded as a representation by the Company that the Company๏ฟฝs objectives will be achieved. For more information about Keller, please visit www.kellermanufacturing.com. For more information about Keller๏ฟฝs subsidiary, Paragon, please visit www.paragondoor.com.