Playtex Announces Thomas M. Schultz, Ph.D. as SVP Research and Development

Dr. Schultz is an experienced and accomplished research anddevelopment executive in consumer products. Most recently, he was theVice President, Corporate Technology Officer of the Nu Skin Divisionof Nu Skin Enterprises, a global direct marketing, home care andnutritional goods company. Dr. Schultz began his career as a ResearchDirector at Clairol and has held positions of increasingresponsibility with Shiseido, L'Oreal, DuPont, Chanel and Procter &Gamble.

President and CEO, Neil P. DeFeo stated, "As part of our newstrategy, we plan to accelerate new product development and develop aculture of continuous innovation. Innovation is the tonic of success,and I believe it's necessary for growth. We feel that Dr. Schultz hasboth the industry experience and discipline necessary to lead our R&Dand Quality teams successfully under this new strategy."

Dr. Schultz stated, "I am pleased to be joining a company withbrands and products known for their excellent quality and strongmarket positions. I am excited about continuing the work begun by Mr.DeFeo in shaping a revitalized Playtex focused on innovation. I lookforward to working with the great group of specialists on the PlaytexResearch and Development and Quality teams."

Dr. Schultz is a graduate of New York University for each of hisdegrees including a Ph.D. and M.S. in Chemistry, and a B.A. in RussianLanguages / Chemistry-Physics.

Playtex Products, Inc. is a leading manufacturer and distributorof a diversified portfolio of Feminine Care, Infant Care and Skin careproducts, including Playtex tampons, Playtex infant feeding products,Diaper Genie, Banana Boat, Wet Ones, Baby Magic, Mr. Bubble andPlaytex gloves.