Winland Electronics receives $4.5 Million order extension from Select Comfort Corporation
Apr 22, 2005
Winland Electronics,Inc. (Amex: WEX) announced that Select Comfort Corporation (Nasdaq: SCSS) has increased its purchase commitments to Winland by $4.5 million. The $4.5 million increase is expected to be consumed within the next eight months. Winland's products are key components utilized in the controls of The Sleep Number Bed by Select Comfort(TM).
Lorin Krueger, Winland's CEO, stated, "We are pleased to receive another substantial order extension and to continue to be a valued supplier to Select Comfort and a part of its phenomenal growth. For more then eight years, our company has worked with Select Comfort's innovative team on the electronic controls systems utilized in the Sleep Number(R) bed."