iMS acquires Mattress King Alabama stores

FOR IMMEDIATE RELEASE April 16, 2012 Contact: Karen Keck, Chief Marketing Officer kkeck@sleeponthebest.com 859-433-0810

WINFIELD, W.VA.—Mattress retailer Innovative Mattress Solutions announces it has purchased Mattress King of Alabama. “We are thrilled to continue growing into new markets such as Alabama while expanding in our existing markets as well,” said iMS owner and CEO, Kim Knopf.

The 19-store Mattress King deal, gives iMS 150 stores in six states with over 400 employees. iMS has been operating for close to thirty years as Mattress Warehouse, Sleep Outfitters and Mattresses Unlimited in West Virginia, Ohio, Kentucky, Indiana, Tennessee, and now Alabama as Mattress King. Both companies are also focused on their communities with the spirit of giving back to those communities in which they serve.

Mattress King is based in Huntsville, Ala., and also operates stores in the Birmingham and Tuscaloosa markets. Owners Wayne and Kay Koswoski opened their first Mattress King in Huntsville in April 1989. The company grew to 19 stores despite losing two stores to tornadoes that swept through the state on April 27, 2011.

The Koswoskis, who plan to retire, said it took a long time to find the right company to sell to. “We have been blessed to see our company grow during trying times in our industry,” said owner Wayne Koswoski. “When other companies were closing stores, we were opening more. Kay and I are excited about retiring...almost as excited as we are for our employees. This acquisition will allow them all some wonderful opportunities and career paths greater than what we could have provided on our own.”

Son, Joseph Koswoski will continue the Koswoski legacy joining iMS as a corporate level executive.

“This is a win-win. It’s a wonderful opportunity for my parents as well as me and the other Mattress King employees,” said Joseph Koswoski. “Partnering with iMS allows us to take this company to a whole new level. I’m more excited than ever to see where this takes us.”

IMS stores carry a wide selection of the latest innerspring and memory foam mattress sets by Sealy, Simmons, Stearns & Foster and Tempur-Pedic, as well as adjustable bases by Tempur-Pedic and Ergo Motion, Protect-A-Bed mattress protectors, Dream Fit sheets, and memory foam pillows by Tempur-Pedic and others. Mattress King carries the same mattress brands, plus Englander.