Komet strikes agreement with Wal-Mart



    The agreement will allow this Quebec Company's products to be offered in
    more than 400 of the international retail giant's branches

    MONTREAL, Aug. 20 /CNW Telbec/ - Mr. François Nadeau, Interim President
and Chief Executive Officer of Komet Manufacturers Inc. "Komet," (TSX-V: AQD),
is pleased to announce that the Company has concluded an agreement with
international retailer Wal-Mart. The minimum one-year agreement will allow
Komet to sell its range of products to more than 400 points of sale belonging
to the global giant across the country. In addition, it will also be possible
for the two parties to renew the terms of the agreement. This agreement is
estimated to be worth several hundred thousand dollars for the current year.
    "Clearly, working with a retailer of Wal-Mart's size and strength shows
that Komet is achieving its pan-Canadian objectives and that its products are
exportable. Despite the slowdown in retail sales across the country, we are
enjoying success. This is especially thanks to major agreements made with
retail giants such as Wal-Mart," said the Company's President, François
Nadeau.
    Distributed under the brand name Aquadis, complete kits, which include a
vanity, sink and tap, will be available at Wal-Mart stores in every Canadian
province. In addition to this agreement with Wal-Mart, the Company has
recently announced several business partnerships with other major retailers,
including The Home Depot, Rona and Réno-Dépôt. The total value of these
contracts amounts to more than ten million dollars.
    "We are highly enthusiastic about Komet's future and are continuing our
development efforts following our planned growth strategy. This new agreement
is perfectly in line with this strategy," said Marc Nadeau, Vice-President of
the Company.

    About Komet

    Komet, a Quebec corporation headquartered in Blainville, has been listed
on the TSX Venture Exchange since 2007. The Company specializes in designing
and manufacturing bathroom furniture products, which are marketed under the
Aquadis brand name. Since the Company's launch, Komet has rapidly enjoyed
success in the home improvement market due to the quality, affordability and
ease-of-assembly of its wide range of bathroom furniture products. In Canada,
Komet's market presence is assured by the distribution of its products in
multiple superstore outlets across the country, notably Rona, Reno-Depot,
Canadian Tire and Home Depot. Komet's furniture selection includes vanities,
medicine cabinets, linen cabinets and mirrors. These are all available in
several colours and models to which porcelain sinks and taps can be added to
provide a complete kit. Thanks to its preferred access to numerous Asian
suppliers, the Company is able to offer its complete product line at
competitive pricing.

    (*) The TSX Venture Exchange does not accept responsibility for the
    adequacy or accuracy of this release.




For further information:

For further information: Frédéric Bérard, Senior Consultant, Financial
and Corporate Affairs, HKDP, (514) 395-0375, ext. 230, fberard@hkdp.qc.ca;
Source: Komet Manufacturing Inc.

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KOMET MANUFACTURING INC.

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