Preval® Acquires the Re-Grip® Brand In An Effort to Grow Its Hardware Industry Market Share by Offering Another Revolutionary Product

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The Name Says It All: Slip-it, Zip-it, Re-Grip it!

Preval®, one of the country’s largest manufacturers of spray products that deliver consistent, professional results has added Re-Grip® to its portfolio of products. The Re-Grip® is an innovative, cost effective way to re-grip anything, bringing new life to old products including tools, handles, levers and more. Learn more at http://www.Re-Grip.com.

"This is a must have for both industrial and consumer uses," said Re-Grip® Co-Creator Pat Roscopf. "It is designed to solve the grip replacement problem while adding comfort to a number of daily tasks. Not a week goes by, that we do not receive feedback from one of our customers that found an additional use for the Re-Grip®."

The Re-Grip® is a universal solution to applying a new handle grip. Significantly improving the few options on the market, the Re-Grip® uses strong, durable elastic material to provide mechanical and environmental protection while enhancing comfort for the user. It is ergonomic and reduces muscle fatigue while having non-slip properties for better control and safety. With its special patented design, the Re-Grip® is easy for anyone to install. The user simply pulls a tab at the bottom to unwind the coil, allowing the elastic grip to constrict and form around the handle.

“The Re-Grip® has sold over 100,000 units within the past 12 months. We are humbled by the way that our customers have accepted our re-gripping solution into the marketplace,” said Re-Grip® Co-Creator John Vernieu. “We feel that Preval’s innovative culture and infrastructure will provide us the necessary resources to continue to grow our product reach.”

Preval® is best-known for manufacturing its professional-grade Sprayer, a unique product that provides an affordable, portable and precise alternative to compressor-dependent spray guns. They recently added the vFan® Portable Airbrush System and the PreGro® Garden Sprayer to its product line. Their products give users the flexibility to complete projects in any environment regardless of the availability of a power source.

"Continuous innovation is one of our highest priorities," said Sammy Averbuch, President of Preval®. "The Re-Grip® is revolutionary to the hardware industry and has been on the market for 18 months increasing their revenue at an explosive rate. We saw a strategic fit and immediately knew we wanted the Re-Grip® to be part of our product portfolio. The Re-Grip® provides a unique solution to an age-old problem of re-gripping user’s tools and handles for cost savings and for expanded life. We are very excited to show Re-Grip® to our buyers and to continue to grow our sales channels by introducing new innovations like the Re-Grip® around the world.”

About Re-Grip®:

Re-Grip is a California based manufacturer of the Re-Grip®, a patented grip designed to slide onto any tool handle or lever providing comfort, safety and durability for years to come.

Within 18 months of launch the Re-Grip® has been sold into an extensive network of over 50 Industrial Distributors in over three continents, including some of the largest distribution channels in the United States and Internationally.

Re-Grip® is distributed within multiple markets including Tool & Hardware, Lawn & Garden, Industrial, Electrical, Sporting Goods, Fishing and Game/Outdoors, USG, Automotive, Nuclear and Utility. Re-Grip® offers a product that can be used in every household, factory, construction site, automotive facility and manufacturing plant in the world.

About Preval®:

Headquartered near Chicago, Preval® is a world leader in the paint and coating industry and offers consumers and industrial entities innovative products powered by its proprietary aerosol technology. Preval's products are affordable, precise, portable and disposable, and used in a variety of industries such as automotive, aerospace, marine, hardware, gardening and arts and crafts. The company's distribution includes more than 60,000 paint and hardware stores and a total of 120,000 online and retail locations globally. Preval® is a division of Chicago Aerosol®, a custom formulator and manufacturer of aerosol products. Learn more at http://www.Preval.com.

Media & Sales Contact: Ryan Fogelman, +1-614-300-5912, ryan(at)conversiondevelopment(dot)com

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Ryan Fogelman
@ConDevGrp
since: 08/2009
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