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Healy Resigns from Westgate

September 25, 2006

NEW YORK, New York – Tom Healy has resigned from Westgate after serving three-and-a-half years as president of the Home Fashions International (HFI) division. His resignation took effect Sept. 30 and he cited "personal reasons" for leaving the company.

"Tom has made significant and valuable contributions to the growth of our company over the past three years," said David Li, CEO of Home Furnishings International, LLC (the parent company of HFI, American Decorative Fabrics (ADF) and Westgate Interiors).

"He has been instrumental in overseeing our expansion beyond the bedroom ensemble category into a variety of other home fashions. We appreciate his efforts and wish him all the best in his future endeavors."

Li said Healy's replacement will be named soon.

"The company is continuing its rapid expansion and we have added some extremely talented and experienced industry executives to our team over the past year," Healy said in his resignation. "These knowledgeable executives are well positioned to lead the company's growth and expansion in the future."


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