SOURCE: Dorman Products

Dorman Products

March 08, 2010 15:51 ET

Dorman Products, Inc. Sells Ignition Distributor Product Line to WAI

COLMAR, PA--(Marketwire - March 8, 2010) -  Dorman Products, Inc. (NASDAQ: DORM) has completed the sale of its Ignition Distributor Product Line to WAI as of Friday, March 5, 2010.

Dorman's strategic vision is centered around delivering new products to the Aftermarket. Upon Dorman's review of their product categories, it was determined that this business was not a complement to their future strategic plan.

WAI is very pleased to have the opportunity to support the Dorman Distributor customers. WAI, a global leader in supplying the Rotating Electrical industry and manufacturer of electronics and sensors, has developed a full line of new Distributors for the Automotive Aftermarket. WAI is committed to serving the customer's needs by providing a board line of 100% new, fully loaded distributors.

About Dorman Products
Dorman Products, Inc. is a leading supplier of OE Dealer "Exclusive" automotive replacement parts, automotive hardware, brake products, and household hardware to the Automotive Aftermarket and Mass Merchandise markets. Dorman products are marketed under the Dorman®, OE Solutions™, HELP!®, AutoGrade™, First Stop™, Conduct-Tite®, Symmetry® and Scan-Tech® brand names.

Forward looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward looking statements which speak only as of the date hereof. Factors that could cause actual results to differ materially include, but are not limited to, those factors discussed in the Company's 2008 Annual Report on Form 10-K under "Item 1A - Risk Factors."