Atrium Companies, Inc. Announces Acquisition of Palm Springs-based Window Distributor and...

DALLAS -- Atrium Companies, Inc. ("Atrium" or the "Company"), one of the largest manufacturers and suppliers of residential windows in North America, announced today that it has completed the acquisition of substantially all of the assets of West Coast Custom Finish, Inc., a

Nevada corporation ("West Coast Custom"), for a purchase price of $2.275 million in cash, with an additional amount of up to $3.5 million to be paid over a period of four years upon the achievement of certain financial targets. The transaction was effected through an existing wholly-owned subsidiary and was funded through a combination of cash on hand and borrowings under the Company's revolving credit facility.

West Coast Custom, based in Palm Springs, California, distributes and installs aluminum and vinyl windows for new home construction in the Riverside County and Desert areas of Southern California. Prior to this acquisition, Atrium's participation in the Southern California market has largely been limited to the sale of replacement products.

"The acquisition of West Coast Custom not only increases our access to the new construction market in Southern California, which is one of the strongest homebuilding markets in the country, but it also strengthens our installation capability, which continues to be a key ingredient necessary to form alliances and grow with the new construction builders," stated Jeff L. Hull, Atrium's Chairman, President and Chief Executive Officer.

Atrium, based in Dallas, is one of the largest manufacturers and suppliers of residential windows in North America, with annual pro forma net sales exceeding $700 million, approximately 6,300 employees and 63 manufacturing facilities and distribution centers in 22 states and Mexico.

Statements in this press release, other than statements of historical information, are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from those projected or suggested herein due to certain risks and uncertainties including, without limitation, the risks associated with the ability to consummate the transactions set forth above, as well as operating risks. Those and other risks are described in Atrium's filings with the Securities and Exchange Commission (the "SEC") made over the last 12 months, copies of which are available from the SEC or may be obtained upon request from Atrium's Chief Financial Officer.