LAWRENCEVILLE, Ga., Jan. 12, 2011 (GLOBE NEWSWIRE) -- Encompass Group Affiliates, Inc. (OTCBB:ECGA), a leading provider of genuine parts and reverse logistics services for a wide range of consumer and high-tech products, today announced its subsidiary Encompass Parts Distribution, Inc. has executed a distribution agreement with Haier America.
Under the agreement with Haier, Encompass will distribute a comprehensive line of replacement parts for the company's consumer electronics, major appliances and HVAC products.
"This is a significant business win for Encompass, and we look forward to further demonstrating our proven ability to deliver unparalleled support to major manufacturers," said Encompass President and CEO Robert Gowens. "Our dedication to going above and beyond to ensure the complete satisfaction of our clients is what sets us apart from other industry suppliers."
Robert Coolidge, President of Encompass Parts Distribution, said Encompass is pleased to have the opportunity to assist Haier in supporting and maintaining its products in the marketplace.
"As an authorized Haier parts distributor, Encompass is committed to providing service centers with top quality original parts and superior professional support to assist them in serving their end user customers and enhancing the Haier brand," said Coolidge.
About Haier America
Haier America is a leader for room air conditioner, compact refrigerator and wine cellar sales, as well as a leading force in home appliances, compact laundry, compact freezer and HDTV sales. Haier America is an Official Marketing Partner and the Official High Definition Television of the NBA.
About Encompass Group Affiliates, Inc.
Encompass Group Affiliates, Inc. is a market leader in forward and reverse supply chain logistics, board repair services and asset management for a wide variety of high-tech products and consumer electronics. Encompass, through its wholly-owned subsidiaries , Encompass Parts Distribution, Inc., Encompass Service Solutions, Inc. and Encompass International, provides comprehensive electronics parts distribution, asset value recovery, returns management, depot repair and refurbishment services. For more information about Encompass, please visit our website at encompass.com.
The Encompass Group Affiliates, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7301
This release and oral statements made from time to time by Encompass Group Affiliates, Inc.'s representatives concerning the same subject matter may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by introductory words such as "expects," "anticipate," "plans," "should," "believes," "will," or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Many factors may cause actual results to differ from forward-looking statements, as well as inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and others of which are not. Known risks and uncertainties include those identified from time to time in the reports filed by Encompass Group Affiliates, Inc. with the Securities and Exchange Commission, which should be considered together with any forward-looking statement. No forward-looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on such statements.
CONTACT: Kristin Hurst Director of Marketing Ph: 954.474.0325 khurst@encompass.com
