PGTI PGT Innovations Inc.

PGT Custom Windows + Doors Awarded Patent for Secure Corner Assembly for High-Strength Windows

PGT® Custom Windows + Doors, a wholly-owned subsidiary of PGT Innovations (NYSE: PGTI) and the nation’s leading manufacturer of impact-resistant windows and doors, was awarded a patent by the U.S. Patent and Trademark Office on April 4, 2017. The new patent US9611688 covers the company’s secure corner assembly for high-strength windows.

PGT engineers Kenneth Vanderbent, Jr., Samuel Bryant, and Michael Dietmar Nau collaborated on this new invention to add strength to fusion-welded sash corners, which allows window units to be produced with less aluminum reinforcements while still achieving some of the largest sizes and highest design pressures in the vinyl window industry.

“We’re thrilled to be awarded this patent for our secure corner assembly design. It’s an important component within our window designs that allows us to create impact-resistant products that are stronger, safer and smarter,” said Dean Ruark, Director of Product Management, PGT Innovations. He added, “With this patent, we are assured this unique technology, that differentiates our windows, is protected.”

Branded SecureConnect, the innovative technology is offered in multiple PGT product lines such as WinGuard® Vinyl and EnergyVue® product lines. Incorporating the corner keys in the hung windows allows smoother tilting and pivoting functions, while the corner keys in the roller provide improved rolling function, allow less air infiltration, and limit movement of sashes while experiencing positive and negative wind loads. Overall, the integration of the corner key with other window components creates a more stable unit, ensuring the integrity and performance of every window.

About PGT Innovations

PGT Innovations, headquartered in North Venice, Florida, with over 2700 employees statewide creates value through deep customer relationships, understanding the unstated needs of an industry, a drive to create the strongest, safest products on the market, and a commitment to always moving forward. The Company's trusted brands include CGI®, PGT® Custom Windows + Doors, and WinDoor®. PGT Innovations is the nation’s largest manufacturer of impact-resistant windows and doors, holds the leadership position in its primary market, and is part of the S&P SmallCap 400 Index. For additional information, visit www.pgtinnovations.com.

Forward-Looking Statements

This press release may contain statements that constitute “forward-looking statements” as defined under federal securities laws of the United States. Generally, words such as “believe,” “expect,” “intend,” “estimate,” “anticipate,” “project,” “will” and similar expressions identify forward-looking statements, which are not historical in nature. These forward looking statements relate to, among other things: (i) the impact that our name change will have on the Company’s profile, brand and performance; (ii) the impact the listing of our common stock on the NYSE will have on the Company’s profile, brand, and performance; and (iii) the outcome of these and other changes the Company is making to expand its growth opportunities and increase shareholder value. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the Company’s historical experience and our present expectations or projections. These risks include, but are not limited to:

  • Changes in new home starts and home remodeling trends;
  • The economy in the United States generally and in Florida, in particular, where the substantial portion of our sales are generated;
  • Raw material prices, especially aluminum and vinyl;
  • Transportation costs;
  • Our level of indebtedness;
  • Our dependence on our impact-resistant product lines;
  • Our ability to successfully integrate acquisitions, such as our acquisitions of CGI® Windows & Doors Holdings, Inc. and WinDoor®, Inc.;
  • Product liability and warranty claims;
  • Federal and state regulations;
  • Our dependence on our manufacturing facilities; and
  • Other risks discussed in our Company’s filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended January 2, 2016 and our subsequently filed quarterly reports on Form 10-Q, which are available from the SEC.

You should not place undue reliance on forward looking statements, which speak only as of the date they are made. The Company does not undertake any obligation to update any forward-looking statement to reflect the impact of subsequent events or circumstances.

EN
08/05/2017

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