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Cintas Corporation Acquires Van Dyne Crotty


CINCINNATI, February 10, 2006 - Cintas Corporation announced today that it has acquired certain assets of Van Dyne Crotty, a privately-held uniform rental company headquartered in Dayton, Ohio. Van Dyne Crotty's primary business includes uniform rental and related business services, including first aid van delivery. Van Dyne Crotty's Ritz Safety division was not included in the transaction and will continue to operate as an independent company. Cintas acquired 25 Van Dyne Crotty operations-20 uniform rental operations and 5 operations under the name Select First Aid. The privately-held company did not disclose its revenue.

Scott D. Farmer, Cintas Corporation's President and Chief Executive Officer, stated, "When we think of companies that are "best in class" in our business, we think of Van Dyne Crotty. The Crotty family has built a premier company by focusing on quality and service to their customers. The combination of our two great companies will make us an even more valuable resource for our customers through enhanced product and service offerings."

Daniel W. Crotty, Van Dyne Crotty's President and Chief Executive Officer, said, "We have always felt our two companies operated in similar fashion-putting the customer first and valuing the partnership of those who work together to achieve the company's goals and vision. Combining forces with Cintas was a natural decision for us."



About Cintas
Cintas Corporation, headquartered in Cincinnati, Ohio, provides highly specialized services to businesses of all types throughout North America. Cintas designs manufactures and implements corporate identity uniform programs, provides entrance mats, restroom supplies, promotional products, first aid and safety products, fire protection services and document management services for approximately 700,000 businesses. Cintas is a publicly held company traded over the Nasdaq National Market under the symbol CTAS, and is a Nasdaq-100 company and component of the Standard & Poor's 500 Index. The Company has achieved 36 consecutive years of growth in sales and earnings, to date.

Caution Concerning Forward-Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a safe harbor from civil litigation for forward-looking statements. Forward-looking statements may be identified by words such as "estimates", "anticipates", "projects", "plans", "expects", "intends", "believes", "seeks", "could", "should", "may" and "will" or the negative versions thereof and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. These statements are subject to various risks, uncertainties and other factors that could cause actual results to differ from those set forth in or implied by this news release. Factors that might cause such a difference include, but are not limited to, the possibility of greater than anticipated operating costs including fuel costs, lower sales volumes, the performance and costs of integration of acquisitions, fluctuations in costs of materials and labor including increased medical costs, costs and possible effects of union organizing activities, uncertainties regarding any existing or newly-discovered expenses and liabilities related to environmental compliance and remediation, the cost, results and ongoing assessment of internal controls for financial reporting required by the Sarbanes-Oxley Act of 2002, the initiation or outcome of litigation, higher assumed sourcing or distribution costs of products, the disruption of operations from catastrophic events, changes in federal and state tax laws and the reactions of competitors in terms of price and service. Cintas undertakes no obligation to update any forward-looking statements to reflect the events or circumstances arising after the date on which they are made.

Contacts
Investor Relations
William C. Gale
Senior Vice President-Finance and CFO
513-459-1200

Media Relations
Pam Lowe
VP Corporate Communications
513-573-4017

 

 



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