Morristown, Tennessee, May 2, 2007.

Renold Jeffrey received the 2006 Vendor of the Year Award from Applied Industrial Technologies, a leading North American distributor of industrial products and services.

Applied honored Renold Jeffrey for a series of accomplishments, including building partnerships at field and corporate levels that establish the groundwork for success.

"Renold Jeffrey has provided Applied with excellent support in servicing our customers and field organisation," said Tom Armold, Vice President - Product Management & Marketing for Applied.  "They are a partner that listens and responds to the needs of our customers and to opportunities that bring us mutual benefits and growth."

Renold Jeffrey received the overall top ranking among 35 to 40 of Applied's core vendors through and in-depth review process performed each year.  Vendors are rated by various departments throughout the organization based on a number of criteria, including value of line, product quality, sales impact, responsiveness, and reliability of quoted delivery.  Vendors meet with the review board in person at Applied's corporate headquarters in Cleveland to analyze results. 

"It is a great honor for our company to receive this award from one of our most valued partners," said George Graham, President of Renold Jeffrey.  "We are committed to achieving continued success as our partnership continues to grow."