Q.E.P. Co., Inc. Announces Expansion of Its Board of Directors

BOCA RATON, Fla., June 19, 2017 (GLOBE NEWSWIRE) -- Q.E.P. CO., INC. (OTC:QEPC.PK) (the “Company”) today announced the election by the Company’s Board of Directors of one new member. George Markowsky has joined the Board of Directors of the Company as an independent director effective June 16, 2017.

"We are pleased to welcome George to QEP’s Board of Directors," stated Mr. Lewis Gould, Chairman and Chief Executive Officer. "We have known George for many years and his experience and guidance will be invaluable to us.”

Mr. Markowsky recently retired in 2017 as Senior Vice President, Portfolio Manager from Bank of America Business Capital (BABC). In his 30 years with BABC, he most recently directed a team of account executives handling asset based loans and credit structures for domestic and international clients.

Q.E.P. Co., Inc., founded in 1979, is a world class, worldwide provider of innovative, quality and value-driven flooring and industrial solutions. As a leading manufacturer, marketer and distributor, QEP delivers a comprehensive line of hardwood and laminate flooring, flooring installation tools, adhesives and flooring related products targeted for the professional installer as well as the do-it-yourselfer. In addition, the Company provides industrial tools with cutting edge technology to the industrial trades. Under brand names including QEP®, ROBERTS®, Capitol®, Harris®Wood, Fausfloor®, Vitrex®, Homelux®, TileRite®, PRCI®, Nupla®, HISCO®, Plasplugs®, Ludell®, Porta-Nails®, Tomecanic®, Bénètiere® and Elastiment®, the Company sells its products to home improvement retail centers, specialty distribution outlets, municipalities and industrial solution providers in 50 states and throughout the world.

CONTACT: Q.E.P. Co., Inc. Mark S. Walter Senior Vice President Finance and Chief Financial Officer 561-994-5550

Source:Q.E.P. Co., Inc.