Thomas, who explains apartments in the heights resignedfrom the heights gathers board of directors effective January 10, 2009.Mr. Minarik stated,”The entire board is very thankful for Ed’s significant contributions to DEIHoldings in the past several years.He has spent a tremendous amount of timeand energy helping to guide our company, and we will miss his presence on theboard.”The Company also announced that it paid down approximately $49 million of itsdebt during 2008, consisting of $45 million of term debt repayment and $4million of revolver repayment, bringing the total debt repaid in fiscal 2007and 2008 to $124 million.The 2008 debt reduction leaves the total debtbalance as of December 31, 2008 at $218 million, or 18% lower as compared with$267 million at the end of fiscal 2007, and 36% lower as compared with $342million at the end of fiscal 2006.As of December 31, 2008, the Company’s $60million revolver was undrawn.Mr In The Heights tickets – intheheightsthemusical . Minarik said, “We are very proud of our ability to meaningfully reduce ourlong-term debt over the past two years.Our revenue and efficient use ofworking capital generated the cash flow necessary to pay down a significantportion of our debt and, subject to our annual audit, we expect to remain incompliance with all of our debt covenants as of December 31, 2008.”About DEI Holdings, Inc Headquartered in Southern California, DEI Holdings, Inc. is the parent companyof some of the most respected brands in the consumer electronics industry. DEI Holdings is the largest designer and marketer in North America of premiumhome theater loudspeakers (sold under the Polk Audio(R) and DefinitiveTechnology(R) brand names), and consumer-branded vehicle security and remotestart systems (sold under Viper(R), Clifford(R), Python(R), Autostart(R) andother brand names).DEI Holdings is also a supplier of mobile audio soldprincipally under both the Polk Audio and Orion(R) brand names.DEI Holdingsmarkets its broad portfolio of products through many channels includingleading national retailers and specialty chains throughout North America andaround the world.Founded in 1982, the company has operations in California,Maryland, Canada, Europe and Asia.For more information, please visit Statements Certain statements in this news release that are not historical factconstitute “forward-looking statements” within the meaning of the PrivateSecurities Litigation Reform Act of 1995.Forward-looking statementstypically are identified by the use of terms such as “may,” “should,” “might,”"believe,” “expect,” “anticipate,” “estimate” and similar words, although somemay be expressed differently.Forward-looking statements in this releaseinclude, but are not limited to, statements as to the planned delisting andderegistration of the Company’s common stock, the expected cost savings ofdelisting and deregistration, the ability to enhance long-term shareholdervalue, the providing of periodic financial statements, the availability of the2009 financial statements, and compliance with debt covenants.Shareholdersand other readers are cautioned not to place undue reliance on theseforward-looking statements.Such forward-looking statements involve known andunknown risks, uncertainties and other factors, which may cause the actualresults of DEI Holdings to be materially different from historical results orfrom any results expressed or implied by such forward-looking statements. These factors include the number of the Company’s shareholders at the time ofderegistration, competition in the consumer electronics industry, developmentof new products and changing demand of customers, reliance on certain keycustomers, decline in consumer spending, reliance on certain manufacturers andtheir ability to maintain satisfactory delivery schedules, disruption insupply chain, shortages of components and materials, economic risks associatedwith changes in social, political, regulatory, and economic conditions in thecountries where the company’s products are manufactured, quality installationof products by customers, significant product returns or product liabilityclaims, compliance with various state and local regulations, risks withinternational operations, impairment of goodwill and intangible assets, claimsrelated to intellectual property, ability to service debt obligations,restrictive terms of the company’s senior secured credit facility,vulnerability to increases in interest rates, disruption in distributioncenters, ability to raise additional capital if needed, dependence on seniormanagement, ability to realize on investments made in the business, andintegration of acquired businesses.Certain of these factors, as well asvarious additional factors, are discussed from time to time in the reportsfiled by DEI Holdings with the Securities and Exchange Commission, includingthe Form 10-K for the year ended December 31, 2007 In The Heights tickets .DEI Holdings disclaimsany intent or obligation to update these forward-looking statements.SOURCEDEI Holdings, Inc.Kevin Duffy, Chief Financial Officer, +1-760-598-6200, or John Mills,Integrated Corporate Relations, +1-310-954-1100, both for DEI Holdings, Inc..
ATLANTA, Jan 15 /PRNewswire-FirstCall/ — Carter’s, Inc in the heights in the heights . (NYSE: CRI), thelargest branded marketer in the United States of apparel exclusively forbabies and young children, announced today that Richard F heights apartments In The Heights tickets – youtube In The Heights tickets . Westenberger isjoining the Company as its Executive Vice President and Chief FinancialOfficer effective January 19, 2009.Mr heights homes . Westenberger will be responsible for developing and executing theCompany’s financial strategies, business analysis, financial reporting, andinvestor relations Mr in the hights .
Westenberger joins the Company from Hewitt Associates,Inc., where he served as Vice President of Corporate Finance and Treasurersince 2006.Prior to Hewitt, Mr . Westenberger was Senior Vice President andChief Financial Officer of Land’s End, Inc., a specialty apparel division ofSears Holdings Corporation In The Heights tickets .During his 10 years at Sears, Mr heights schools . Westenbergerheld various other senior financial management positions, including VicePresident of Corporate Planning and Analysis and Vice President of InvestorRelations.Prior to Sears, Mr heights school . Westenberger was with Kraft Foods, Inc.Hebegan his career at Price Waterhouse and is a certified public accountant.”I am very excited to have Richard join the Carter’s team,” said MichaelD . Casey, Carter’s Chief Executive Officer.”Richard’s financial expertiseand experience in the specialty retail and wholesale businesses will furtherstrengthen our management team and help us in our goal to continue to lead inthe young children’s space.”Mr. Westenberger is a graduate of the University of Notre Dame andreceived his Master of Business Administration degree from the University ofChicago In The Heights tickets – wikipedia .Mr. Westenberger will be relocating to Atlanta with his family.About Carter’s, Inc.Carter’s, Inc.
The Corporation has more than 280 offices in 40 countries.Sales in 2008 were $6.4 billion. Still headquartered in theNetherlands, Roadrunner occupies offices in New York, now the A&R hub for thelabel, as well as the United Kingdom, Canada, Germany, France, Japan andAustralia. It will be interesting to see what happens when these guys get in the cage.Last but not least, my line of the night goes to Nick Osipczak, talking about what he knows about his opponent Tommy Maguire: “I know he’s ‘ginger.’ I’ve never fought a ginger person before so I’m looking forward to that.”Stay tuned for my WEC 41 and DREAM 8 previews and reviews along with my TUF 9 episode two recap next week Until then,Soccer kicks and head stomps…. With F1, as a whole, struggling to find sponsorship, Patrick would be a major asset. eBuddy skyrocketed to this milestone onGetJar due to strong consumer demand, and by employing GetJar`s advertisingdownload service to gain maximum visibility on the site and significantlyincrease downloads. Opnext will feature the following demonstrations at the exhibition: — The Company`s development of a CFP MSA (multi-source-agreement) 100Gb/sclient side technology: The demonstration will show the technical and economicfeasibility of the IEEE 802.3ba 10km solution.
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