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Passat / Kannegiesser Merge– Streamline Structures

GRAND PRAIRIE, TX – In an effort to back all their sites, products and to avoid anonymity, the brands of Passat and Pharmagg will now bear the Kannegiesser label. This decision was based on the desire to streamline company operations, contribute to clarity and have one company with a homogeneous management. As such, there will be only one company with a homogeneous management providing the corresponding internal and external support. “A chapter of company history now also formally comes to an end, a new page has been turned,” saidMartin Kannegiesser, president and CEO.

Additional changes include those in Customer Service which is now uniformly managed, operated with two parallel structures in Vlotho (finishing technology) and in Steinheim (washingtechnology). Within the last 12 months the Customer Service in Germany for washing technology alone has almost doubled. The consolidated sales in the fiscal year of 2000 / 01 amounted to 263 million DM. The company shares are still held by the Kannegiesser family – 95 percent with Martin Kannegiesser and 5 percent with Irma Kannegiesser.

Over the last few years, Kannegiesser has positioned themselves as a technology partner for laundries, and, in line with the new objectives, developed a complete and harmonized sales program. Today, the companyis structured in four divisions: washing technology, flatwork technology, garment technology / laundry logistics and technical services.

All central functions, including sales and distribution, have been centralized in Vlotho, each of the six sites have developed into productive manufacturing entities, each site producing its own specific range of products.

Washing lines and water extraction presses are built in Sarstedt, dryers in Steinheim, washer-extractors in Hoya, ironers in Schlema (Saxony), transport and conveying systems in Augsburg and the finishing technology in Vlotho. This concept of specializing the individual factories positively contributes to manageability and deepens the product competence.

Currently a new laser cutting and surface treatment centre is being built in Vlotho with an overall investment volume of almost 10 million DM. This machining centre will supply the sites in Vlotho, Sarstedt and Hoya in February, 2002.

The modernization measures that have taken place in Schlema, Sarstedt and Steinheim, including the full re-structuring of the entire production range and the implementation of new production technology, have now been concluded.

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Gulf Coast Laundry Acquired by Swisher Hygine

CHARLOTTE, N.C. — Swisher Hygiene Inc., a provider of hygiene and sanitation products and services, announced that it acquired Gulf Coast Laundry Services of Mississippi, LLC (“Gulf Coast Laundry Services”), a Mississippibased linen services company.

Gulf Coast Laundry Services provides linen rental and laundry services throughout southern Mississippi, Louisiana and Alabama, primarily to hotel, casino and resort customers. Concurrent with the acquisition, the founder of Gulf Coast Laundry Services, David Gross, will join Swisher Hygiene and contribute to the continued growth of its linen services business.

Total consideration paid by Swisher Hygiene in connection with the acquisition includes approximately $4.8 million in cash and the issuance of a convertible promissory note which may be converted into a maximum of 350,000 shares of Swisher Hygiene common stock subject to certain restrictions, including acceptance by the Toronto Stock Exchange.