ERIC ROBERTS NAMED PRESIDENT OF NORTEK'S CES GROUP, INC.

PROVIDENCE, RI, July 8, 2008—Nortek, Inc. today announced the appointment of Eric Roberts as President of Nortek’s CES Group, Inc.

 

Roberts succeeds David Huntley, who has retired, as the leader of Nortek’s custom commercial HVAC business, a major segment of the international company’s portfolio of high-quality branded building products.  Roberts will join the Company on July 21, 2008.

Richard L. Bready, Chairman and CEO of Nortek, said, “Eric brings to the CES Group a solid, proven track record of driving outstanding results in the commercial HVAC business, most recently as Chief Operating Officer of McQuay Americas.”  Bready particularly cited Roberts’ managerial ability “to grow a business through customer-focused leadership.”

 

Prior to 1997 when he joined McQuay, a global HVAC leader, Roberts was Director of Marketing of the Mobile Business Group of Onan Corporation, a division of Cummins Engine Company.  Roberts joined Cummins after graduation from Michigan State University with an economics degree and Yale University with an MBA.

The CES Group includes the custom commercial HVAC businesses of Nortek’s subsidiaries with manufacturing operations in the United States, Canada, Europe and Asia.  Its leading brands include CleanpakTM, Governair®, Huntair®, Mammoth®, Temtrol®, Venmar CESTM, Ventrol®, WebcoTM and Eaton-Williams.

Nortek* (a wholly owned subsidiary of Nortek Holdings, Inc., which is a wholly owned subsidiary of NTK Holdings, Inc.) is a leading diversified global manufacturer of innovative, branded residential and commercial ventilation, HVAC and home technology convenience and security products.  Nortek offers a broad array of products including: range hoods, bath fans, indoor air quality systems, medicine cabinets and central vacuums, heating and air conditioning systems, and home technology offerings, including audio, video, access control, security and other products.

 

*As used herein, the term “Nortek” refers to Nortek, Inc., together with its subsidiaries, unless the context indicates otherwise. This term is used for convenience only and is not intended as a precise description of any of the separate corporations, each of which manages its own affairs.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on Nortek’s current plans and expectations and involve risks and uncertainties that could cause actual future activities and results of operations to be materially different from those set forth in the forward-looking statements. Important factors impacting such forward-looking statements include the availability and cost of raw materials and purchased components, the level of construction and remodeling activity, changes in general economic conditions, the rate of sales growth and product liability claims. Nortek undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. For further information, please refer to the reports and filings of Nortek with the Securities and Exchange Commission.

 

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