American Standard Faces Several Asbestos Related Suits ------------------------------------------------------ Published December 06, 2002 American Standard Companies Inc. has been named as a defendant in numerous lawsuits alleging various asbestos-related personal injury claims arising primarily from sales of low-risk-profile products, such as boilers and brake shoes, over the years. The Company has ample insurance coverage and has never received an unfavorable court judgment. COMPANY PROFILE American Standard Companies Inc. (NYSE: ASD) 1 Centennial Ave. Piscataway, NJ 08855-6820 Phone: 732-980-6000 Fax: 732-980-3340 http://www.americanstandard.com Employees : 60,000 Revenue : $ 7,465,300,000 Net Income : $ 295,000,000 Assets : $ 4,831,400,000 Liabilities : $ 4,921,500,000 (As of December 31, 2001) Description: American Standard is a leading maker of air-conditioning systems, plumbing products, and automotive braking systems. Its air- conditioning unit makes products under the Trane and American Standard brand names. American Standard sells its plumbing fixtures under the American Standard, Ideal Standard, and Porcher brand names, among others. Through its WABCO subsidiary, American Standard also makes vehicle-braking systems, which it sells mainly to OEMs such as DaimlerChrysler, Volvo, and Scania, as well as to the aftermarket. ----------------------------------------------------------- LitigationDataSource.com