Q.E.P. Co., Inc. Retains RKC Communications for Investor Relations, Financial Communications

Business Wire, Jan 7, 1997

BOCA RATON, Fla.--(BUSINESS WIRE)--Jan. 7, 1997--Q.E.P. Co., Inc., (NASDAQ:QEPC) has retained RKC Communications to manage investor relations and financial communications for the newly-public company.

Q.E.P. manufactures and distributes specialty tools used for the installation, preparation and repair of ceramic tile, carpet, masonry, drywall and paint. The company's largest customers include Home Depot (NYSE: HD), Lowes Companies (NYSE: LOW) and the Builders' Square division of K-Mart (NYSE: KM), as well as other national and regional home improvement retailers. Q.E.P. completed an initial public offering of 1.35 million shares at $8.50 in September 1996.

"We're pleased that RKC Communications will be a part of the team that communicates the growth prospects that are available to Q.E.P. following our public offering of shares," said Lewis Gould, President and Chief Executive Officer of Q.E.P., Co., Inc. "From our solid position as a preferred supplier to national home improvement retailers, we hope to grow through the expansion of our existing product line, complimentary acquisitions, and new distribution channels."

RKC Communications is based in Fort Lauderdale, Florida, and was founded in 1987. The financial communications agency represents a number of fast-growing companies in a variety of industries, including high technology, health care services and pharmaceuticals.

CONTACT: Leonard Gould

Q.E.P. Co., Inc.

561-994-5550

OR

Robert Kneeley

RKC Communications

954-351-1976

e-mail: rkccomm@safari.net