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Appliance Factory Outlet Names Executive to COO

3-2-10

Appliance Factory Outlet Names Executive to Chief Operations Office

Denver, CO, March 2, 2010

Appliance Factory Outlet today announced Kevin Drako, as Chief Operations Officer. In his new position, Drako will be responsible for the strategic and operational leadership of Appliance Factory Outlet and its associated businesses, and will report directly to Chuck Ewing, President and CEO.

Drako previously served as Director of Stores and was instrumental in leading Appliance Factory Outlet to its highest ever performing year. Drako's demonstrated leadership skills and extensive independent appliance retail background are expected to take Appliance Factory Outlet to an even higher level as an industry leader.

Drako joins Appliance Factory Outlet with over 22 years of combined experience at Appliance Direct, Wilson's Leather, J. Baker, & Software Etc. His background includes Assistant to Owner at Appliance Direct and Regional Loss Prevention Director in prior companies.

About Appliance Factory Outlet
Locally owned and operated since 1986, Appliance Factory Outlet sells direct to the public. Chuck Ewing, owner and CEO, carved his niche in a market typically held by big box retailers. From its humble beginnings in a garage, Appliance Factory Outlet has grown into Colorado's largest and the nation's 43rd largest independent appliance dealer. Appliance Factory Outlet operates 10 stores throughout Colorado.

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