WESTPORT, Conn., Sept. 5 /PRNewswire-FirstCall/ -- Compass Diversified Trust (NASDAQ:CODI) (the "Company") announced today that Chief Executive Officer, I. Joseph Massoud, will present at the 2007 Morgan Keegan Equity Conference in Memphis, TN on Thursday, September 6, 2007 at 5:15 p.m. eastern time.
About Compass Diversified Trust
CODI was formed to acquire and manage a group of middle market businesses that are headquartered in North America. CODI provides public investors with an opportunity to participate in the ownership and growth of companies which have historically been owned by private equity firms or wealthy individuals or families. CODI's disciplined approach to its target market provides opportunities to methodically purchase attractive businesses at values that are accretive to its shareholders. For sellers of businesses, CODI's unique structure allows CODI to acquire businesses efficiently with no financing contingencies and, following acquisition, to provide its companies with substantial access to growth capital.
Upon acquisition, CODI works with the executive teams of its subsidiary companies to identify and capitalize on opportunities to grow those companies' earnings and cash flows. These cash flows support distributions to CODI shareholders, which are intended to be steady and growing over the long term.
Subsidiary Businesses
Aeroglide Holdings, Inc. and its consolidated subsidiaries, referred to
as Aeroglide, is a designer and manufacturer of industrial drying and
cooling equipment, primarily used in the production of a variety of human
foods, animal and pet feeds, and industrial products. Aeroglide is based
in Cary, NC and was founded in 1940.
American Furniture Manufacturing, Inc. is a leading U.S. manufacturer of
upholstered furniture, focused exclusively on the promotional segment of
the furniture industry. American Furniture, headquartered in Ecru,
Mississippi, is one of the nation's leading low-cost manufacturer of a
broad product line of stationary and motion furniture, including sofas,
loveseats, sectionals, recliners and complementary products. American
Furniture has the ability to ship any product in its line within 48 hours
of receiving an order.
Anodyne Medical Device, Inc. and its consolidated subsidiaries, referred
to as AMD, is a manufacturer of medical support surfaces and patient
positioning devices, primarily used for the prevention and treatment of
pressure wounds experienced by patients with limited or no mobility. AMD
is based in Los Angeles, CA and was founded in 2005.
CBS Personnel Holdings, Inc. and its consolidated subsidiaries, referred
to as CBS Personnel, is a provider of temporary staffing services in the
United States. CBS Personnel is headquartered in Cincinnati, OH,
operates 144 branch locations in 18 states and was founded in 1970.
Compass AC Holdings, Inc. and its consolidated subsidiary, referred to as
Advanced Circuits, is a manufacturer of low-volume quick-turn and
prototype rigid printed circuit boards ("PCBs"). Advanced Circuits is
based in Aurora, CO and was founded in 1989.
Halo Lee Wayne LLC and its consolidated subsidiaries, referred to as
Halo, is a distributor of customized promotional products and serves more
than 30,000 customers as a one-stop-shop resource for design, sourcing,
management and fulfillment across all categories of its customers'
promotional products needs. Halo is based in Sterling, IL and was founded
in 1952.
Silvue Technologies Group, Inc. and its consolidated subsidiaries,
referred to as Silvue, is a developer and manufacturer of proprietary,
high-performance coating systems for polycarbonate, glass, acrylic,
metals and other substrate materials used in the premium eyewear,
aerospace, automotive and industrial markets. Silvue is based in
Anaheim, CA and was founded in 1986.
To find out more about Compass Diversified Trust, please visit www.compassdiversifiedtrust.com.
Compass Diversified Trust
Jim Bottiglieri
Chief Financial Officer
203.221.1703
jim@compassequity.com
Investor Relations Contact:
KCSA Worldwide
Jeffrey Goldberger / Garth Russell
212.896.1249 / 212.896.1250
jgoldberger@kcsa.com / grussell@kcsa.comSource: Compass Diversified Trust
