
| FOR IMMEDIATE RELEASE | For more information: Katie O’Neill |
SIMMONS PARTNERS WITH CARE ON MATTRESS DONATION TO HAITI
--Company sends foam beds to earthquake-ravaged island--
(ATLANTA – APRIL 1, 2010) – Simmons Bedding Company (“Simmons”) has partnered with
Atlanta-based humanitarian organization CARE to donate 720 foam mattresses for Haitians left
homeless by January’s devastating earthquake. The mattresses, which contain 5-inch
polyurethane foam cores, were transported to Port-au-Prince and Leogane, Haiti, where CARE
staff and community volunteers are overseeing their distribution, with priority being given to
injured and ill individuals, to children and to the elderly.
“The people of Haiti have demonstrated a tremendous will to survive and persevere
despite losing homes, neighborhoods, friends and family members to this terrible tragedy,” said
Tim Oakhill, Simmons’ executive vice president of marketing. “Upon learning of the destruction,
we recognized that Simmons could help bring an element of comfort to the homeless by
donating beds to CARE’s relief effort, and we’re proud to know that these mattresses will make
life a bit better for hundreds of homeless Haitians.”
Simmons has a history of donating mattresses to those in need including survivors of
natural disasters. In 2007, the company provided Beautyrest® mattresses to families who had
evacuated New Orleans and relocated to nearby cities following Hurricane Katrina, and
additional mattress donations have been made to charities such as the American Cancer
Society’s Hope Lodges and the Richie-Madden Children’s Foundation. In these previous
donations, Simmons supplied traditional branded mattresses that would be sold to everyday
consumers; however, due to the weather conditions and lack of permanent shelters in Haiti,
Simmons has elected to provide foam cores with vinyl waterproof covers in this instance. Three
foam producers—Flexible Foam, Future Foam and FXI International--donated the polyurethane
cores for the effort.
“The conditions the Haitian people currently must endure are worse than most
Americans can imagine, so every donation is very much needed and appreciated,” said David
Gazashvili of CARE’s Emergency & Humanitarian Assistance Unit. “Simmons’ mattresses are
providing several hundred people with a soft and sanitary place to rest at night, which is a
welcome change from the hard and sometimes muddy ground most of the homeless are sleeping upon.”
For more information on Simmons, visit www.simmons.com. For more information about CARE, visit www.care.org.
About Simmons Bedding Company
Atlanta-based Simmons Bedding Company is one of the world's largest mattress
manufacturers, manufacturing and marketing a broad range of products including Beautyrest®,
Beautyrest Black®, Beautyrest® NxG®, Beautyrest Studio™, BeautySleep®, ComforPedic by
Simmons™, Natural Care® and Beautyrest Beginnings™. Simmons Bedding Company operates
19 conventional bedding manufacturing facilities and one juvenile bedding manufacturing facility
across the United States, Canada and Puerto Rico. Simmons Bedding Company also serves as
a key supplier of beds to many of the world’s leading hotel groups and resort properties.
Simmons Bedding Company is committed to developing superior mattresses and promoting a
higher quality sleep for consumers around the world. For more information, visit Simmons
Bedding’s Web site, www.simmons.com.
About CARE
Founded in 1945, CARE is a leading humanitarian organization fighting the root causes of
poverty. CARE has been working in Haiti since 1954. Many of CARE's more than 200-person
staff in Haiti includes emergency personnel who were part of the response to the devastating
Hurricane Hanna in 2008. In Haiti, CARE's programs focus on governance, HIV and AIDS,
reproductive health, maternal and child health, education, food security, and water and
sanitation. To learn more about CARE's work, visit www.care.org.
Forward-Looking Statements:
This press release includes forward-looking statements that reflect our current views about future events and financial
performance. Words such as “estimates,” “expects,” “anticipates,” “projects,” “plans,” “intends,” “believes,” “forecasts”
and variations of such words or similar expressions that predict or indicate future events, results or trends, or that do
not relate to historical matters, identify forward-looking statements. The forward-looking statements in this press
release speak only as of the date of this press release. These forward-looking statements are expressed in good faith
and Simmons believes there is a reasonable basis for them. However, there can be no assurance that the events,
results or trends identified in these forward-looking statements will occur or be achieved. Investors should not rely on
forward-looking statements because they are subject to a variety of risks, uncertainties, and other factors that could
cause actual results to differ materially from Simmons’s expectations. These factors include, but are not limited to: (i)
compliance with covenants in, and any defaults under, our 11.25% senior secured notes indenture and our assetbased
lending (ABL) credit agreement; (ii) the potential adverse impact of our post-bankruptcy structure on our
business, financial condition, liquidity, and results of operations; (iii) interest rate and credit market risks; (iv)
competitive pressures in the bedding industry; (v) general economic and industry conditions; (vi) our ability to launch
new products on a timely basis, the success of our new products and the future costs to rollout such products; (vii)
legal and regulatory requirements; (viii) our relationships with, exposures to credit risk and viability of our suppliers,
significant customers and licensees; (ix) fluctuations in our costs of raw materials and energy prices; (x) our ability to
hold or increase prices on our products and the related effect on our unit sales; (xi) an increase in our return rates
and warranty claims; (xii) our labor relations; (xiii) encroachments on our intellectual property; (xiv) our product liability, intellectual property and other litigation claims; (xv) our level of indebtedness; (xvi) foreign currency exchange
rate risks; (xvii) our future acquisitions; (xviii) our ability to achieve the expected benefits from any personnel
realignments; (xix) higher bad debt expense as a result of increased customer bankruptcies due to instability in the
economy and slowing consumer spending; and (xx) our ability to maintain sufficient liquidity to operate our business.
We undertake no obligation to update or revise any forward-looking statements, either to reflect new developments or
for any other reason.