COURISTAN MAKES SIGNIFICANT INVESTMENT IN RESIDENTIAL DIVISION WITH ADDITION OF INDUSTRY VETERAN LEN ANDOLINO

Andolino and Senior Management Develop Aggressive Plan Leading up to Company’s 100-Year Anniversary

Fort Lee, NJ – October 31, 2017As part of Couristan’s strategic growth strategy to double its size over the next five years, management announced today the appointment of Len Andolino as executive vice president of its Residential Division, where he will spearhead the Company’s broadloom and area rug specialty business. Couristan is a leading importer/manufacturer of fine, quality area rugs, residential broadloom and custom carpeting for the contract and hospitality industries.

Over the course of his 32 years in the industry, Andolino has worked for Couristan in capacities of increasing responsibility. From 2004 – 2007 and from 2013 – 2015, Andolino was vice president of its Residential Division. Prior to returning to Couristan, he owned and operated a successful international business consultancy.

“In order to achieve our goal of doubling our volume over the next five years, Couristan is committed to growing and strengthening our executive team; adding seasoned professionals like Len Andolino will greatly enhance our efforts. Over his successful career, Len has consistently proven to be a tremendous asset to Couristan and we are thrilled that he has returned home,” said George Couri, chairman.

Couri added, “We are equally committed to introducing new and innovative products, continuing to strengthen our sales and support teams, all in an effort to ensure that Couristan remains at the leading edge of innovation in the floor covering industry.”

In his new role, Andolino will focus on the Company’s broadloom and area rug specialty business, driving sales and increasing its dealer footprint. He will also spearhead product design and innovation, working with Couristan’s many designers and product manufacturers from all around the world, to support all three broadloom brands – Premiere®, Creations™ and Purity®.

“The Couri family has built a multi-generational business grounded on the foundation of quality and innovation. As Couristan drives towards its 100th anniversary, I couldn’t resist the opportunity to return to and be a part of the team responsible for establishing a blueprint for the future. My confidence in Couristan’s future is so great that I decided to close my consulting business,” Andolino added.

About Couristan, Inc.
Established by the Couri family in 1926, Couristan is the most trusted name in the floor covering industry, offering a vast assortment of exclusively designed power-loomed and handmade area rugs, as well as quality residential broadloom and custom contract carpeting. Couristan is also known throughout the industry as the pioneer in new construction and color techniques, which are used to create exquisitely, designed area rugs and residential broadloom products that are crafted from all over the world. Couristan products are available through department stores, home furnishings catalogs, specialty floor covering, furniture retail stores and major internet accounts.Couristan’s global headquarters with full showroom is located in Fort Lee, New Jersey, at Two Executive Drive, 800.223.6186, or visit our website at www.couristan.com

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