TCP Product Validation Proceeding as Expected

TCP International Holdings announced that its product validation review is proceeding as expected.  The Company has completed testing on substantially all of its fastest moving SKUs.  For the remaining SKUs, TCP expects to complete validation shortly.  In addition, the Company affirmed that UL certified designs are available for all products and that products being shipped are UL certified.  

As previously announced, consistent with TCP's quality commitment, the Company voluntarily chose to conduct additional levels of quality control on its products.  TCP engaged an outside testing firm to support these efforts, which, while ongoing, have affirmed the strength, quality and safety of TCP's product line. 

TCP issued the following statement:
"The TCP team would like to thank TCP customers for the outspoken support and patience they have extended to us during this period.  The support we have received from our customers – both new and existing, large and small – is a testament to TCP's products and talented team of more than 7,000 employees worldwide.  Our customers can count on us to continue providing the superior service and quality, innovative lighting technology for which TCP has long been known."

The Company also noted that it expects to file its Annual Report on Form 10-K for the year ended December 31, 2014, on or beforeApril 15, 2015, as separately disclosed in a Form 12b-25 filed today with the Securities and Exchange Commission. 

In conjunction with this 10-K filing, the Company intends to announce its 2014 fourth quarter and full year financial results.  The Company will issue a separate press release detailing the date and time of the associated conference call and webcast.

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