SOURCE: Bosch

October 15, 2009 16:18 ET

Appliance Industry Leaders to Discuss $300 Million Rebate Program During Telephone Press Conference

HUNTINGTON BEACH, CA--(Marketwire - October 15, 2009) -


Who:    Representatives of the appliance trade will discuss the $300
        million State Energy Efficient Appliance Rebate Program before
        the 56 individual U.S. state and territory rebate distribution
        plans are revealed in the coming weeks.

        This teleconference is an opportunity to gain multiple appliance
        industry perspectives at the same time. Confirmed participants
        include:

        --  Joseph McGuire, president, Association of Home Appliance
            Manufacturers (AHAM)
        --  John Farley, senior brand and environmental marketing manager,
            Bosch home appliances
        --  Doug Moore, president, Sears home appliances

What:   In anticipation of the many state announcements that will follow
        the Department of Energy's distribution of funds, members of the
        appliance industry will discuss how they can best contribute to a
        successful implementation of the program, as well as what they
        expect to see in the individual programs.  The participants will
        discuss how the program will impact energy savings in the consumer
        sector and how it will stimulate the economy in the appliance
        sector.  Also, participants will explain how the plans may impact
        their business from a sales and logistics standpoint, and how they
        intend to help the government to educate consumers.

When:   Wednesday, October 21, 2009
        1:30 pm EST (10:30 am PST)

Where:  Media is invited to pre-register for the call.

        Click on or copy and paste the following registration page URL into
        your browser:

        http://web.meetme.net/r.aspx?p=1&a=70542562535268

           --  Enter the requested information on the registration page.
           --  Registrations will be accepted from: October 15, 2009
               10:00 AM Pacific Time to October 21, 2009 08:30 AM
               Pacific Time

        During registration, instructions for submitting questions in
        advance will be provided.  There will also be a live Q&A session
        during the second half hour (time permitting).

Why:    The U.S. government has set aside $300 million for states and
        territories to use as rebates to encourage homeowners to replace
        inefficient appliances such as refrigerators, washers, furnaces
        and central air conditioners with ENERGY-STAR-qualified models.
        As the Department of Energy (DOE) prepares to distribute the first
        round of funds, this call will address how the industry expects the
        program to play out.

        On behalf of all the participants, we hope to address your
        questions regarding the upcoming rebate program.  We look forward
        to having you join us as we share our industry insight during this
        informative session.