Company-Wide Initiative Raises $37,000
for American Red Cross Tsunami Relief Fund
ATLANTA, March 11 /PRNewswire/ -- On December 26th, a tidal wave created
by the largest earthquake in four decades ripped apart the lives of millions
of people and families living along the coasts of the Indian Ocean.
What began with associates asking what they and their company could do to
help the millions of people affected by the recent tsunami disaster in Asia,
Simmons Bedding Company, one of the world's largest mattress manufacturers, is
contributing over $37,000 of individual and corporate contributions to the
American Red Cross Tsunami Relief Fund.
The check will be presented to the American Red Cross and local
representatives of some of the affected countries on March 23rd, during a
Simmons corporate meeting attended by Atlanta-area associates.
As Simmons associates at 17 plants across the United States and its
corporate headquarters facility in Atlanta learned of the devastating tsunami,
they began to ask how they and their company could help. Modest checks of
$10 to as large as $1,000 came from associates at all levels of the
organization. The senior leadership team decided the corporation would match
the contributions, bringing the total to $37,000.
"The response from our associates was incredible! Through their initiative
and caring, together we hope to make a small difference in helping rebuild the
lives of those stricken by the tragedy," said Rhonda Rousch, executive vice
president of human resources.
Simmons has a long history of supporting local charities and investing in
communities where it does business.
Atlanta-based Simmons Bedding Company is one of the world's largest
mattress manufacturers, manufacturing and marketing a broad range of products
including Beautyrest(R), BackCare(R), BackCare Kids(R), Olympic(R) Queen, Deep
Sleep(R) and HealthSmart(R). The Company operates 17 conventional bedding
manufacturing facilities and three juvenile bedding manufacturing facilities
across the United States and Puerto Rico. Simmons is committed to developing
superior mattresses and promoting a higher quality sleep for consumers around
the world. For more information, visit the Company's website at
http://www.simmons.com.
This press release includes forward-looking statements that reflect
Simmons' 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 release. These forward-looking statements are expressed in good faith and
we believe 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 our expectations. These factors include, but are not
limited to: (i) the level of competition in the bedding industry; (ii) legal
and regulatory requirements; (iii) the success of new products; (iv) our
relationships with our major suppliers; (v) fluctuations in costs of raw
materials; (vi) our relationship with significant customers and licensees;
(vii) our labor relations; (viii) departure of key personnel; (ix)
encroachments on our intellectual property; (x) product liability claims; (xi)
the timing, cost and success of opening new manufacturing facilities; (xii)
our level of indebtedness; (xiii) interest rate risks; (xiv) future
acquisitions; (xv) an increase in return rates; and (xvi) other risks and
factors identified from time to time in our and our predecessor's reports
filed with the Securities and Exchange Commission, including the Form 10-K for
2003, and the Form 10-Qs filed for the first, second and third quarters of
2004. We undertake no obligation to update or revise any forward-looking
statements, either to reflect new developments or for any other reason.
Contact: Stan Steinreich/Shira Zackai
Steinreich Communications
(201) 498-1600
SOURCE Simmons Bedding Company
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Related links:
http://www.simmons.com
CONTACT:
Stan Steinreich, or Shira Zackai, both of
Steinreich Communications, +1-201-498-1600, for Simmons Bedding
Company
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