Q.E.P. Retains Investment Banker for Strategic Mat

Boca Raton, FL, March 8, 2006-- Q.E.P. Co., announced that it has retained an investment banking firm to assist it on certain strategic matters. Lewis Gould, Q.E.P.'s CEO, stated: "We look forward to working with our financial advisors on these matters." There can be no assurance any transaction will occur and the company does not presently intend to make any further announcements until this process is complete.