Zep Inc. Awarded Sole Contract for Fleet Washing Products and Services from The Cooperative Purchasing Network (“TCPN”)

ATLANTA--()--Zep Government, a unit of Zep Inc. (NYSE: ZEP), a leading consumable chemical packaged goods company that manufactures a wide variety of high-performance maintenance and cleaning chemicals, today announced that it was the sole awardee of The Cooperative Purchasing Network (“TCPN”) Fleet Washing Products and Services Contract. Click to Tweet

“We are thrilled to be the sole awardee of the TCPN Fleet Washing Products and Services Contract,” said John K. Morgan, Chairman, President and Chief Executive Officer of Zep Inc. “This is the first State and Local Government Cooperative contract to benefit from multiple Zep Inc. brands and I’m confident that TCPN members will find our breadth of highly effective products, application expertise and equipment capability to be a winning combination,” continued Mr. Morgan.

“TCPN is proud to partner with Zep, which has an outstanding track record with both public sector and non-profit organizations,” stated Chris Penny, TCPN’s Vice President. “This contract will allow fleet and maintenance departments to work more efficiently, saving agencies both time and money.”

TCPN members will be able to choose from the largest collection of professional car and fleet washing products and services in the industry delivered through Zep Inc.’s North American Sales and Service and Zep Vehicle Care business units, whose portfolio of trusted brands clean, maintain and protect over one million vehicles at over 10,000 customer sites every day. TCPN members will quickly realize the value the Zep team can bring to their operation with the benefit of the largest network of service providers, unparalleled marketing, and the leading research & development team in the industry.

Zep Government has a 12-year history of working with cooperative purchasing organizations that includes four national awards, numerous state contracts and contract extensions. In the past 12 years, Zep Government has sold over $120 million through cooperative municipal sales. Additionally, Zep Government offers eight vehicle washing products and 14 SKUs on the Federal AbilityOne Program procurement list. The AbilityOne program supports Americans who are blind and/or disabled. These products are also offered to Participating Public Agencies through the TCPN® program.

About Zep Inc.

Zep Inc., with fiscal year 2013 net sales of approximately $690 million, is a leading consumable chemical packaged goods company selling a wide variety of high-performance chemicals that help professionals and prosumers clean, maintain and protect their assets. We are focused on the attractive industry dynamics of the transportation market and the industrial maintenance and repair operation ("MRO") market, which together now comprise approximately 60% of our revenue with the balance derived from sales into the facilities maintenance vertical. We market these products and services under well recognized and established brand names, such as Zep®, Zep Commercial®, Zep Professional®, Enforcer®, Misty®, TimeMist®, TimeWick™, Country Vet®, Original Bike Spirits®, Armor All Professional®, Rain-X®, Blue Coral®, Black Magic®, Niagara National™, FC Forward Chemicals®, Rexodan®, Mykal™, and a number of private label brands. Founded in 1937, some of Zep Inc.'s brands have been in existence since 1896. Zep Inc. is headquartered in Atlanta, Georgia. Visit our website at www.zepinc.com.

About The Cooperative Purchasing Network (TCPN)

TCPN is a national governmental purchasing cooperative, established in 1997 whose contracts have been competitively bid and awarded, by a governmental entity serving in the lead agency role, to national vendors for commonly purchased products and services. Entities that must comply with purchasing procedures mandated by state laws and regulations, like public and private schools, colleges and universities, cities, counties, nonprofits, and all governmental entities, use TCPN contracts to increase their efficiency and economy when procuring goods and services. For more information about TCPN or to become a member, please visit www.tcpn.org.

Contacts

Zep Inc.
Don De Laria, 404-350-6266
Vice President, Investor Relations & Communications
don.delaria@zep.com

Release Summary

Zep Inc. (NYSE: ZEP) Awarded Sole Contract for Fleet Washing Products and Services from The Cooperative Purchasing Network

Contacts

Zep Inc.
Don De Laria, 404-350-6266
Vice President, Investor Relations & Communications
don.delaria@zep.com