10.26.2009 
Management-Led Group Acquires Cramer, Inc. from Rotherwood Investments

Kansas City, MO., October 26, 2009 — Cramer LLC and Rotherwood Investments jointly announced today that Cramer LLC has purchased Cramer, Inc., a premier provider of innovative task seating and elevation products.

Cramer LLC's principals, led by current Cramer, Inc. president Nick Christianson, include veteran investment and operating executives.

"This acquisition is a natural step in the exciting renewal of the Cramer brand," said Christianson. "The transition comes at a pivotal time for Cramer, as we prepare for product launches across all business units in the fourth quarter of 2009."

Rotherwood Investments, headquartered in Minneapolis, MN, is a private equity firm owned by the Charles W. Oswald family. Rotherwood was a long-time steward of the company and supported Christianson’s initiative to reinvigorate the century-old brand.

"The Oswald family’s support was instrumental in Cramer, Inc.'s successful renewal and eventual transition to Cramer LLC," said Christianson. "I am grateful for both my professional and personal association with this terrific group of people."

The company will continue to operate under the Cramer brand, and the management team will remain unchanged. "The team is in place to execute our vision," said Christianson.

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