Perfect Equipment Announces New CEO Jeff Waechter

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MURFREESBORO, TN (August 26, 2011)...The Board of Directors of Perfect Equipment Inc. today announced the appointment of Jeff Waechter as President and CEO. Jeff, a graduate from University of Central Missouri, has more than 20 years experience in the automotive aftermarket and has directed multiple functions including sales, marketing, customer service, and distribution. The Board is pleased to have a very experienced manager from the automotive industry join the company in leadership position to direct the rapid growth of the company.

Jeff currently resides in Georgia with his wife and children. Jeff will relocate to the Nashville/Murfreesboro area. Jeff succeeds Johannes Michalski who helped with the transition following the retirement of Mike Astorino. Due to personal reasons, Johannes resigned as President and CEO. We appreciate Johannes' efforts through the transition. The Board and the Company look forward to the contributions Jeff will bring and to the continued growth of the company.

Perfect Equipment, Inc., the longest tenured wheel weight manufacturer still in existence, manufactures lead-free wheel weights out of zinc and steel using several patented processes. The benefits of using zinc and steel as a lead-free alternative are that it provides shop owners with a similar appearance and installation process as with the traditional lead products they are used to using without sacrificing retention and corrosion. Perfect Equipment offers a full catalog of weight types in steel and zinc, including clamp-on and adhesives, for light passenger vehicles all the way to heavy duty equipment. Due to Perfect Equipment's many OEM partnerships, it is able to utilize its expansive history in R&D to perfect its product offering, and then offer those same products and technologies to the aftermarket. Perfect Equipment, Inc is located at 1715 Joe B Jackson Parkway, Murfreesboro, TN 37127. For more information, please contact us at 1-800-251-1566, or online at www.perfectequipment.com.