FOR IMMEDIATE RELEASE STANLEY FURNITURE WINS TWO PINNACLE AWARDS FROM AMERICAN SOCIETY OF FURNITURE DESIGNERS — Judges Honor Company’s Coastal Living Resort and Young America MIX Collections — (STANLEYTOWN, Va. – Oct. 31, 2011) Stanley Furniture Company, a leading designer and manufacturer of quality, stylish wood furniture, recently received two Pinnacle™ Design Achievement Awards from the American Society of Furniture Designers (ASFD) for its Coastal Living Resort and Young America MIX collections. ASFD presented the 2011 Pinnacle Awards, which recognize furniture introductions that demonstrate superior style and performance, on October 24 during the Fall 2011 High Point Market. A panel of 12 judges evaluated award entries in four areas – Form & Function, Innovation, Retail & Manufacturing Benefit and Consumer Benefit -- and selected Stanley’s Coastal Living Resort line as the winner in the category of Major Collections and the MIX line from the company’s Young America brand as the Juvenile Furniture category winner. This fall’s ceremony marks the first time that Stanley has won awards in both of these categories in the same year since ASFD developed the Pinnacle Awards program in 1995. “The Pinnacle Awards are the furniture industry’s highest design honor, and we are extremely proud that the judges deemed Coastal Living Resort and Young America MIX worthy of this recognition,” said Stanley Furniture CEO Glenn Prillaman. “When planning these two collections we challenged our design team to create something different that would stand out in the marketplace. Obviously, they listened, and our receipt of these awards demonstrates Stanley’s ongoing commitment to developing cohesive programs that offer consumers high-style looks and unparalleled quality.” ASFD bestowed its 2011 Pinnacle Award for Major Collections to Stanley designers Richard Schroeder, ASFD; Denis Kissane, ASFD and Gary Hokanson for their creation of the Coastal Living Resort collection, a transitional whole-home product line that offers a more global interpretation of coastal style. The line, which features products in 10 seaside-inspired tones, includes bedroom, dining, home entertainment, home office and accent pieces, enabling consumers to incorporate the casual elegance of coastal living into virtually any room of a home. In their evaluation of the collection, the Pinnacle judges commented, “ When it comes to the best of show, the Coastal Living Resort collection at Stanley Furniture translates an impressive designer approach to relaxed living at an exceptional value. Eclectic design elements come alive in mixed media plus a range of subdued colors.” “The Coastal Living Resort collection brings the magazine’s pages to life by showcasing the sophistication and functionality of coastal style,” said Coastal Living Vice President, Publisher Peter Medwid. “We are thrilled that our brand is resonating in today’s marketplace.” Schroeder and Kissane also received the 2011 Pinnacle Award for Juvenile Furniture for their work on the Young America brand’s MIX collection, which provides parents with a selection of simple, sleek children’s bedroom pieces that include both vintage and modern design elements. Featuring five finishes and 17 paint options, MIX allows parents to mix and match the collection’s pieces and colors to create a custom look that highlights their kid’s personality. In addition, the line’s functionality plays a major role in its customer appeal with practical attributes, such as a mobile desk with inline wheels and storage pieces that contain pullout surfaces, helping to increase the furniture’s usefulness and flexibility. The MIX collection also gives parents peace of mind thanks to Young America’s made in America story and SafeT3™ design strategy, which includes safeguards like tip restraints, drawer stops and adjustable levelers that aim to prevent potential accidents in a home. According to the award judges, the MIX collection’s combination of style and function led to its Pinnacle achievement: “In the juvenile furniture category, MIX by Young America provides an abundance of versatility and storage in a small footprint. The collection has a youthful feel, but has adult substance through its retro look plus broad attraction for both sexes. The judges admire the clear natural wood finishes and the updated allure of the storage pieces.” “The judges for this year’s Pinnacle Awards were quite impressed with the care and attention to detail of Stanley’s design team,” said ASFD Executive Director Christine Evans. “In addition to their visual beauty, both the Coastal Living Resort and Young America MIX collections include unique features that set them apart from the other finalists in their Pinnacle categories. One of the ways the judges assess Pinnacle entries is to examine how the furniture enhances the life of the end customer – with both of Stanley’s winning collections, those design and performance benefits were immediately apparent.” For more information on the Coastal Living Resort collection visit, www.stanleycoastalliving.com For more information about Young America’s MIX collection, visit www.youngamerica.com About Stanley Furniture Founded in Stanleytown, Virginia in 1924, Stanley Furniture Company is a leader in the design of residential wood furniture covering all major style categories for every room in the home. Stanley Furniture brand targets the premium price segment of the residential market and focuses on delivering sophisticated design, hand-applied finishes, intricate construction details and the tasteful use of fine materials from around the world. To learn more visit stanleyfurniture.com. About Coastal Living A national magazine that celebrates life along the coast, Coastal Living www.coastalliving.com is the source of inspiration and information for people who live or dream of living a coastal lifestyle. Marking 14 years of publication in 2011, Coastal Living serves a total audience of 3.9 million. Coastal Living is published 10 times a year by the Time Inc. Lifestyle Group. About Young America Young America is Stanley Furniture Company's industry-leading brand of nursery and youth furniture, Built to Grow™ from crib to college. With all of its products made in the USA, Young America is the brand for safety, broad selection and quick delivery. To learn more, visit youngamerica.com. ### FOR INFORMATION Katie O’Neill three (404) 835-4527 koneill@3atlanta.com Suzy Bowen three (404) 835-4529 sbowen@3atlanta.com Megan Rice Levinson Coastal Living (212) 522-3773 megan_levinson@timeinc.com