RYKO ANNOUNCES TOM CARLETON AS NEW CEO

GRIMES, IOWA, March 31, 2007 – Ryko Manufacturing has announced the appointment of car industry veteran Tom Carleton to the position of Chief Executive Officer (CEO).  Carleton has worked with Ryko for over 30 years, most recently as Executive Vice President.

Jim Nelson, Chairman of the Board and company founder, stated “Tom’s extensive global experience in the car wash market and with our company make him the obvious choice for CEO.  His development of our international car wash program to the successful position we enjoy today demonstrates his deep understanding of the car wash market.  Tom is well prepared to execute the industry leadership vision that we have outlined clearly to our employees and business partners”.

“The growth strategy that was developed by the Ryko management team and approved by our Board will continue.” stated Carleton.  “We will execute well on our long term strategies to defend our position as the leader of the friction and Convenience Store markets, while expanding sales in other car wash markets, such as touchfree, conveyor, private investor, activation, and chemicals.  As our company vision states, Ryko is committed to be the premier and most respected car wash system and service provider in the industry.”

ABOUT RYKO MANUFACTURING: Ryko is the largest manufacturer of car wash equipment in North America, providing a full line of friction and touch free roll-over car, truck, bus and van washes along with conveyorized, drive through and self-service car wash equipment, and a complete range of vehicle wash support systems including activation and marketing systems, connectivity and loyalty solutions, maintenance services, and complete chemical and delivery packages.

 

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