[February 15, 2013]

Centerstone Linen Services Announces New Chief Financial Officer

Centerstone Linen Services announces that its Board of Directors has named Peter A. Grandits Jr. as Executive Vice President and Chief Financial Officer, effective immediately. Centerstone Linen Services operates Atlas Healthcare Linen Services and Alliance Laundry and Textile Services throughout the Eastern United States.

"We are extremely fortunate to bring an executive with Pete's depth of financial experience and talent to our team," said John Giardino, Centerstone Linen's Chairman and Chief Executive Officer. "Pete's strong financial background and leadership experience is an important asset to us as we continue to grow."

Since 1996, Grandits has served as Vice Preident and Chief Financial Officer of AP Wagner, a North American distributor of component parts and accessories. AP Wagner operated as a $90M distributor with more than 200 employees at 30 locations across North America. Prior to AP Wagner, Grandits was President and Chief Operating Officer of IPAC, Inc., an international manufacturer focused in industrial products, precision cooling and custom sheet metal fabrication. Prior to IPAC, Grandits served as a senior manager at the international public accounting firm of Price Waterhouse.

Grandits earned his bachelor's degree in business administration from the University of Notre Dame. He is a Certified Public Accountant.

About Centerstone Linen Services

Established in 2008, Centerstone Linen Services provides the highest quality linen services to Hospitals, Medical Clinics and Outpatient Facilities throughout the East Coast. A closely held company, Centerstone employs more than 750 people who serve the company's more than 600 customers. Focusing on strict quality assurance measures, Centerstone Linen Services has been recognized for outstanding performance in the areas of infection control and hygienically clean linens. For more information on Centerstone Linen Services, contact: Jamie Giardino 1-646-430-9250.

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