Company Recognized for Innovation, Marketing at Retailer's Supplier Meeting
HONG KONG, Oct. 22 /Xinhua-PRNewswire-FirstCall/ -- Techtronic Industries Co. Ltd. ("TTI" or the "Group") (HKEx stock code: 669; ADR symbol: TTNDY) received six coveted awards at The Home Depot(R) Annual Supplier Partner Meeting in Atlanta Oct. 13. The world's largest home improvement retailer recognized TTI with the Marketing Innovation Award, the Vendor of The Year Award for Lawn & Garden and three of the 10 Product Innovation Awards, as well as the First Runner Up for The Home Depot(R) overall, store-wide Innovation Award.
"The entire TTI organization is proud to be recognized by our retail partner as the leader in providing the best products and support services," said Mr. Horst Julius Pudwill, Chairman of TTI.
"We're committed to delivering innovative and compelling products that drive The Home Depot's(R) sales success." said Mr. Joseph Galli Jr., CEO of TTI.
The companies attending The Home Depot Annual Supplier Partner Meeting are some of the largest companies in the home improvement industry, representing the retailer's top 200 vendors.
TTI won the Marketing Innovation Award, which honors one vendor for its most innovative and effective marketing, for the Ryobi(R) One+(TM) Lithium Ion Launch. This esteemed award recognizes the entire product launch effort, including product design and development, world class manufacturing, product messaging, 360-degree marketing, advertising, the in-store experience, sell-through and customer service follow-up.
In addition, TTI received the Vendor of the Year Award from The Home Depot Lawn & Garden Department. This award recognizes the outstanding efforts of one manufacturer in each of The Home Depot store departments. Awarded by the retailer's Merchandising team, the accolade recognizes day-in, day-out partnership with a vendor's entire organization, from accounting and customer service to marketing and supply chain.
Rounding out the stellar awards ceremony, TTI won three of the 10 Home Depot Product Innovation Awards, which recognize revolutionary new products that provide true benefits to consumers. TTI received the award for the Ryobi(R)HJP001K 12-volt Lithium-ion Drill; the Ryobi(R) 18-volt Lithium-ion launch, including the P813 Drill Kit and P843 Combo Kit; and the Ryobi(R) Touch Start(TM) Gas String Trimmer.
TTI also was the First Runner Up for The Home Depot overall, store-wide Innovation Award for the Ryobi(R) 18V Lithium-ion Launch.
About TTI
Founded in 1985 and listed on the Stock Exchange of Hong Kong Limited in 1990, TTI is a world-class leader in quality consumer and professional products marketed to the home improvement and construction industries. An unrelenting strategic focus on powerful brands, innovative products and exceptional people drives our success.
TTI's powerful brand portfolio includes Milwaukee(R), AEG(R) and Ryobi(R) power tools and accessories, Stiletto(R) hand tools, Ryobi(R) and Homelite(R) outdoor products, and Hoover(R), Dirt Devil(R) and Vax(R) floor care products.
TTI is one of the constituent stocks on the Hang Seng HK SmallCap Index under the Hang Seng Composite Index and the FTSE All-World Hong Kong Index. For more information, please visit http://www.ttigroup.com .
Trademarks
All trademarks used are intellectual property of their respective owners and are protected under trademark law.
The use of the trademark Ryobi(R) is pursuant to a license granted by Ryobi Limited.
AEG(R) is a registered trademark and its use is pursuant to a License granted by Licentia Patent-Verwaltungs-GmbH.
Contact:
Techtronic Industries Co. Ltd.
Jess Cheung
Tel: +852-2402-6683
Email: ir@tti.com.hk
Techtronic Industries North America, Inc.
Jason Swanson
Tel: +1-864-964-3363
Email: jason.swanson@ttigroupna.com
