THE WESTERVELT ART COLLECTION TO REMAIN IN TUSCALOOSA (04/22/11)

FOR IMMEDIATE RELEASE

Contact:Robby Johnson, APR
(205) 562-5445; rbjohnson@westervelt.com

THE WESTERVELT ART COLLECTION TO REMAIN IN TUSCALOOSA

April 22, 2011 -- Tuscaloosa, Ala. - Having received notification from the Warner Foundation of its intent to terminate the lease of the Anchorage Building at NorthRiver® – current home of the Westervelt-Warner Museum of Art – on June 20, 2011, The Westervelt Company's board of directors met this morning and decided the company will continue displaying its art collection, comprised mostly of works created by American artists, at its current location, and will begin a process to reestablish a permanent display at its corporate headquarters on Jack Warner Parkway.

The bulk of the private collection acquired by former CEO, President and Chairman of the Board Jack Warner on behalf of the company and shareholders was on loan to the Jack Warner Foundation. Combined with pieces owned privately by Mr. Warner and the Warner Foundation, this amassed collection began its display and housing at the Westervelt-Warner Museum of Art in 2003 under the direction of the Jack Warner Foundation. Prior to the museum's founding, the collection was available for public viewing at both the Mildred Warner House in downtown Tuscaloosa, as well as the company's headquarters.

"We appreciate this was a difficult decision for the Jack Warner Foundation to make, as our company has supported the museum and its efforts since its inception," said President & CEO Mike Case.

Since 2000, The Westervelt Company has contributed over $1,500,000 to The Warner Foundation, reassigned some of its associates full time to the WWMA at no cost, provided and maintained the Anchorage building rent-free since the Warner Foundation assumed occupancy in 2003 (in 2010 a new heating and cooling system was installed, and the driveway was completely repaved), and has loaned at no cost over 700 items of art to the museum. In addition, the company has been and will continue to be a major financial contributor to various charities in West Alabama.

As previously announced, some items from the collection are being sold in 2011. "While certain pieces have and will find new homes and audiences, our collection remains of the highest quality, and it is an honor to share it with the public," Case said.

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