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Peerless Strengthens Senior Management Team with Promotion of Vlad Gleyzer to New Post as Senior Vice President

— RALPH KUPRIEWICZ NAMED VICE PRESIDENT, PRODUCT DEVELOPMENT —

CHICAGO, IL — January 25, 2007 — Peerless Industries, Inc., the industry leader in professional-grade audio/visual mounting solutions, today announced the promotion of Vlad Gleyzer from Vice President of Product Development to the newly-created position of Senior Vice President. Mr. Gleyzer will lead all day-to-day operations at Peerless.

Peerless also announced the appointment of Ralph Kuprewicz as Vice President, Product Development. Mr. Kuprewicz will be responsible for product development and quality control. He brings extensive engineering and product design expertise to Peerless Industries.

Vlad Gleyzer has held various leadership positions at Peerless over the past 14 years. He has played an integral role throughout the company’s manufacturing, product design and marketing departments.

“Vlad Gleyzer has been an enormous asset to the Peerless team and we are pleased to announce his promotion to this newly-established position,” said Mike Campagna, president Peerless Industries, Inc. “His extensive knowledge and experience in manufacturing will be invaluable as we expand our company’s management strength and depth. Ralph Kuprewicz is a superb addition to our organization, with his understanding of and experience in cost management and information flow. He will work well with all our partners and customers, and we welcome him to Peerless.”

About Peerless Industries, Inc.
Peerless has designed and manufactured the most comprehensive line of audio/visual mounting solutions for over 40 years. Today, Peerless designs and manufactures mounts for current and emerging visual display technologies, including LCD and plasma flat panel displays, projectors, CRT televisions and other electronic equipment used in the commercial and consumer markets. Built on decades of experience and proven expertise, Peerless Industries is ISO 9001 certified and is an approved Underwriters Laboratories testing site. For more information, visit http://www.peerlessmounts.com

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©2007 Peerless Industries, Inc., All rights reserved

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