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Message #1
From: TheMachine
Date: August 25, 2008 01:38:50 PM

The Stephan Co. Completes Acquisition of Bowman Beauty and Barber Supply Company


FT. LAUDERDALE, Fla., Aug. 25 /PRNewswire-FirstCall/ -- The Stephan Co. (Amex: TSC) announced today that it has completed its acquisition of Bowman Beauty and Barber Supply Company of Wilmington, NC.

Frank F. Ferola, Chief Executive Officer, reiterated that this was an important strategic acquisition for The Stephan Co. to create a stronger position in its professional Barber and Beauty Distribution Business.

Additionally, The Stephan Co. announced today that it has signed an agreement with United Media to manufacture and distribute Bath, Body and Sun Care products based on the popular Mexican character El Chavo. El Chavo has been entertaining the Latin and Hispanic community through network television and comic strip publications for more than 35 years.

Furthermore, The Stephan Co. has recently been active in its efforts to execute the previously approved buyback program to purchase up to 200,000 shares of its common stock. It fully expects to continue these efforts over the near future.

Certain statements in this press release constitute 'forward looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, any statements contained herein regarding expectations with respect to future sales and earnings are subject to known and unknown risks, uncertainties and contingencies, many of which are beyond the control of Stephan Co., which may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements, Factors that might affect such forward looking statements include, among others, overall economic and business conditions, the demand for Stephan's products, competitive factors in the industry, regulatory approvals and uncertainty about the consummation of future acquisitions.

                           AMERICAN STOCK EXCHANGE
SYMBOL - TSC

SOURCE The Stephan Co.


Source: PR Newswire (August 25, 2008 - 1:17 PM EDT)

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