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Simmons Employees Help Victims Of Tsunami Tragedy

Simmons Employees Help Victims Of Tsunami Tragedy

Published 03-11-05

Submitted by Simmons Bedding Company

ATLANTA - 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®, BackCare®, BackCare Kids®, Olympic® Queen, Deep Sleep® and HealthSmart®. 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 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.

Simmons Bedding Company

Simmons Bedding Company

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