Attached files
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8-K - FORM 8-K - CRAFTMADE INTERNATIONAL INC | d71332e8vk.htm |
Exhibit 99.5

FOR IMMEDIATE RELEASE |
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Contact Information: |
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D. F.
King & Co., Inc.
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Ric DeCastro | |
(800)
967-5079
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Investor Relations | |
crft@dfking.com
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(972) 393-3800 | |
investorrelations@craftmade.com |
Craftmade Advises Stockholders to Take No Action in Response to Litex Tender Offer
COPPELL, TEXAS, March 3, 2010 Craftmade International, Inc. (OTCQX: CRFT) (Craftmade
or the Company) today recommended that Craftmade stockholders take no action at this time in
response to Litex Industries, Limiteds (Litex) unsolicited, conditional tender offer to acquire
all of Craftmades outstanding shares for $5.25 per share. Litex
commenced the tender offer on March 2, 2010.
Craftmades board of directors, in consultation with its financial and legal advisors, intends to
advise stockholders of its formal position regarding Litexs offer within 10 business days by
filing a Solicitation/Recommendation Statement on Schedule 14D-9 with the Securities and Exchange
Commission (SEC).
Note to Investors
Investors are urged to read Craftmades Solicitation/Recommendation Statement when it becomes
available, as it will contain important information related to the Litex tender offer. Investors
may obtain a free copy of the Solicitation/Recommendation Statement (when it becomes available), as
well as any other public filings made from time to time by Craftmade with the SEC and in connection
with Litexs tender offer, free of charge at the SECs website at www.sec.gov.
About Craftmade
Founded in 1985, Craftmade International, Inc. is engaged in the design, manufacturing,
distribution and marketing of a broad range of home décor products, including proprietary ceiling
fans, lighting products and outdoor furniture. The Company distributes its premium products through
a network of independent showrooms and mass retail customers through its headquarters and
distribution facility in Coppell, Texas and manufacturing plant in Owosso, Michigan. More
information about Craftmade International, Inc. can be found at www.craftmade.com.