New PVC Product Line Makes Outdoor Living Easier
WINCHESTER, Va.--(BUSINESS WIRE)--Sept. 25, 2007--Trex Company,
Inc. (NYSE: TWP) is introducing "Trex Escapes(TM)", the Company's
newest, innovative decking product line. Developed with proprietary
cellular PVC technology, Trex Escapes provides enhanced stain, mold-
and scratch resistance with ultra-low maintenance. Trex Escapes will
begin shipping nationally in January in time for 2008 spring and
summer outdoor living projects.
Chief Executive Officer Andrew U. Ferrari commented, "More and
more consumers are placing a premium on their leisure time and are
looking for options that require minimal maintenance while offering
great looks. Trex Escapes makes outdoor living easier by offering
best-in-class resistance against stains, mold and scratches, and can
be cleaned easily with just soap and water.
"Designed to reach a new segment of consumers, Trex Escapes
decking leverages our Company's leading brand and channel position.
Contractors will appreciate that the product is easy to install,
lightweight, easily fastened and easily cut."
Trex Escapes features a natural wood-grain pattern in three
long-lasting, rich colors: Pewter (grey), Sahara (beige), and Acorn
(brown). Fascia is also available in matching colors, plus Glacier
White. Trex Escapes is backed by Trex's 25-year warranty.
Trex Escapes joins the Trex family of decking, railing and fencing
products designed to enhance outdoor living, and complements Trex's
current range of high-aesthetic, natural-looking composite decking
products, including Trex Brasilia(R), Trex Accents(R) and Trex
Contours(TM).
Trex Escapes was developed in partnership with Veka Innovations,
one of the world leaders in PVC blending and extrusion technology.
About Trex Company
Trex Company is the nation's largest manufacturer of composite
decking, railing and fencing, with over 15 years of product
experience. Products are marketed under the brand name Trex(R). Made
from a unique formulation of reclaimed wood and plastic, combined
through a proprietary process, Trex decking, railing and fencing offer
significant design flexibility with fewer ongoing maintenance
requirements than wood. For more information, visit the Company's
website, www.trex.com. Trex(R), Trex Brasilia(R), Trex Accents(R),
Trex Contours(TM) and Trex Escapes(TM) are trademarks of Trex Company,
Inc., Winchester, Va.
The statements in this press release regarding the Company's
expected sales performance and operating results, its projections of
net sales, net income, earnings per share and costs, its anticipated
financial condition and its business strategy constitute
"forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. These statements are subject to risks and uncertainties that
could cause the Company's actual operating results to differ
materially. Such risks and uncertainties include the extent of market
acceptance of the Company's products, the sensitivity of the Company's
business to general economic conditions, the Company's ability to
obtain raw materials at acceptable prices, the Company's ability to
increase production levels to meet increasing demand for its products,
and the highly competitive markets in which the Company operates. The
Company's report on Form 10-K filed with the Securities and Exchange
Commission on April 2, 2007 and its subsequent filings on Form 10-Q
and Form 8-K discuss some of the important factors that could cause
the Company's actual results to differ materially from those expressed
or implied in these forward-looking statements. The Company expressly
disclaims any obligation to update or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise.
CONTACT: Trex Company, Inc.
Anthony J. Cavanna, 540-542-6300
Chairman and Chief Financial Officer
or
Lippert/Heilshorn & Associates
Harriet Fried, 212-838-3777
SOURCE: Trex Company, Inc.
