Home Décor Products


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	July 18, 2005 Home Décor Products, Inc. Secures $7.1 Million in Private Equity Funding Funds will be Used to Expand Business and Accelerate Growth EDISON, NJ - July 18, 2005 - Home Décor Products, Inc., a leading online retailer of home improvement products, today announced that it has secured a private equity investment of approximately $7.1 million. The financing was led by Kinderhook Partners LP through the purchase of Series B Convertible Stock of Home Décor Products, Inc. Seymour Holtzman and eight individual investors also participated in this round of investment. “This financing represents a strong vote of confidence in our business, particularly since it includes both existing investors and new investors,” said Mike Golden, Home Décor Products President and CEO. “The proceeds will be instrumental in accelerating the growth of Home Décor Products through additional investment in the company’s infrastructure. More specifically, this round of funding gives us the opportunity to further invest in systems, distribution, new lines of business and human capital – all of which are essential in supporting our tremendous growth.” To accommodate the company’s continued growth, Home Décor Products recently relocated its corporate headquarters, distribution center and showroom to a new 270,000-square-foot location from its original 50,000-square-foot facility, both in Edison. “Home Décor Products has a proven and scalable business strategy that presents substantial growth opportunity,” said Stephen Clearman, Managing Partner of Kinderhook Partners. “Furthermore, the Company has assembled an impressive team of proven individuals, which is another important factor for us. We believe Home Décor Products is a very promising business and are pleased to be leading this financing.” About Home Décor Products, Inc. Home Décor Products, Inc. is a leading online retailer of home improvement products, which operates four websites focusing on different segments of that market. Those websites are: HomeClick.com, AbsoluteHome.com, Barbecues.com and KnobsandThings.com. HomeClick.com is an authorized dealer offering more than 200 luxury branded kitchen, bath, hardware, lighting, tableware, fireplace, outdoor and home décor products at competitive prices. HomeClick.com offers all of its brands, which include Toto, Jado, Herbeau, Lenox, Waterford, Versace, Quoizel, Schonbeck, and more, at competitive prices. AbsoluteHome.com targets the mass market for home goods with its catchphrase "Absolutely Everything for the home at the Absolute Best Price" and features brands such as American Standard, Delta, Moen and Seagull Lighting. Barbecues.com is the definitive source of products for the outdoor entertaining enthusiast, and KnobsandThings.com offers decorative hardware for the home that covers a broad range of price and style. Home Décor Products, Inc. also sells its products in the B2B market, operating a Professional Partnership Program comprised of more than 5,000 architects, designers, general contractors and builders. HomeClick.com and AbsoluteHome.com are either registered trademarks or trademarks of Home Decor Products, Inc. in the United States and/or other countries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners. About Kinderhook Partners LP Kinderhook Partners is an investment partnership founded in 2003, focused on making long-term investments in small public companies and promising private companies with proven records of growth. MEDIA CONTACTS Megan McDonnell/John Flanagan mmcdonnell@icrinc.com/john.flanagan@icrinc.com 203.682.8200