Hartmann 

Announces 

the 

Acquisition 

of 

Boyt 

Luggage 

Hartmann Announces the Acquisition of Boyt Luggage

Lebanon, TN – February 24, 2011 – Hartmann is pleased to announce the acquisition of Boyt Luggage. These two classic American brands are a natural fit and maintain similar corporate cultures and commitments to delighting discriminating luggage consumers. Boyt has always been known as a company where luxury meets value and Hartmann is excited to support Boyt in expanding and strengthening its presence in the industry.

Hartmann’s Chairman Peter Cameron has announced that Boyt will operate as a stand-alone subsidiary, and that Jeff Thaw will continue in his current position as President to run its operations. Boyt’s sales force will also continue to market the brand under his direction. “We intend to launch new product introductions to Boyt’s signature Mach line this spring”, Cameron commented.

“This exciting news is a fitting way to celebrate Boyt’s 110th birthday year. Our new relationship with Hartmann will give us the opportunity to expand our business operations and continue our reputation as the manufacturer with the best value in premium travel gear”, stated Thaw.

Frank Johnston, COO of Hartmann commented on the combination of the two businesses. “With the success of Hartmann’s direction over the past few years confirming its place as a leader in the luggage world, this new opportunity will help lead to our next phase of growth.”