CARQUEST Announces 2011 Supplier of the Year

CARQUEST ANNOUNCES 2011 SUPPLIER of the YEAR

RALEIGH , NC--May 3, 2012: At its 2012 Supplier Summit, CARQUEST Auto Parts named Gates Corporation as its 2011 Supplier of the Year. The annual award was recently renamed the Larry McCurdy Award, in memory of Larry McCurdy, an industry leader and former board member of General Parts International, Inc. McCurdy passed away in 2010.

CARQUEST's Supplier of the Year Award was created in 1992 to recognize a supplier's contribution to CARQUEST's success through quality products and outstanding marketing support. Each supplier is evaluated on several key areas: Quality; Driving Sales; Providing the Right Product, Right Place, Right Time and Delivery of Unparalleled Customer Service.

"While there can only be one annual winner of the Larry McCurdy Supplier of the Year award, it takes great partners to help our team achieve new heights and Gates Corporation is top in their class," said Craig Barnes, CARQUEST U.S. senior vice president Merchandising and Marketing. "They embody the best of the industry and the ideals we value in all our supplier partners."

CARQUEST salutes all its suppliers for their innovation, integrity and ability to fuel our success in this highly competitive market.