Fiskars Brands, Inc. Welcomes Gingher®!

02/15/2005


Madison, WI - Fiskars Brands, Inc. is pleased to announce that Gingher® has become part of our family. Gingher® produces a premier line of forged cutting implements for home sewing, crafts, needle arts and industrial applications. Consumers have valued the precision performance and lasting quality of Gingher® products for more than 50 years.

At Gingher®, based in Greensboro, North Carolina, Fiskars Brands, Inc. will continue the century old tradition of making high-quality forged scissors and shears. All Gingher® products are manufactured to exacting standards and are carefully inspected and hand tested to ensure the highest quality level. The Gingher® assortment includes specialized scissors and shears for every craft and sewing task. According to Chad Vincent, President of Fiskars School, Office & Craft Division, "The acquisition of Gingher® adds a highly respected brand name that will allow us to expand into additional market segments."

Gingher® was founded in 1947 and has been family run for three generations. With their name on every pair of scissors, the Ginghers have always taken quality very seriously.

Fiskars Corporation, founded in 1649, is one of the oldest companies in the world and is the largest manufacturer of lightweight stainless steel scissors in the US. The parent company, now located in Helsinki, Finland, started on the banks of the Fiskars River in Fiskars, Finland. Internationally, Fiskars Corporation has manufacturing plants and/or sales offices in 20 countries.

The original orange-handled scissors design is in the permanent design collection of the Museum of Modern Art in New York, as well as in the Philadelphia Museum of Art.

Fiskars School, Office & Craft Division has expanded far beyond the original scissors and now makes an extensive line of ergonomically-designed specialty scissors, scrap booking supplies, embossing tools, paper trimmers, punches, stencils, protractors, compasses, and several more high-quality products.

Fiskars School, Office & Craft is a division of Fiskars Brands, Inc., a leading global manufacturer and marketer of branded consumer and industrial products. Fiskars Brands, Inc. is a wholly owned subsidiary of Fiskars Corporation, a Finnish corporation traded on the Helsinki Stock Exchange (HEX:FIS). Fiskars Brands, Inc. is the world’s leading manufacturer of scissors, gardening tools and cutlery, as well as other consumer products sold under the brand names including FISKARS®, Gerber Legendary Blades®, Royal®, Power Sentry®, Newpoint®, Montana®, Raadvad, Sankey and Ebert.

To view Fiskars® products, visit www.fiskars.com. If you have further questions about Gingher® products please visit www.gingher.com.