QEP Amends Credit, Mortgage Facilities

Boca Raton, FL, Apri 15, 2009--Q.E.P. Company Inc. said its domestic revolving credit and Canadian mortgage facility with its lender Bank of America, N.A. has been amended and that its forbearance agreement has been terminated.

CEO Lewis Gould said, "Bank of America recognized our turnaround in operations during the last 60 days and worked closely with us to develop this new agreement."