ATLANTA, Aug. 19 /PRNewswire-FirstCall/ -- Aaron Rents, Inc. (NYSE: RNT),
the nation's leader in the sales and lease ownership, specialty retailing and
rental of residential and office furniture, consumer electronics and home
appliances and accessories, today announced the appointment of Steven A.
Michaels to Vice President, Finance of the Aaron's Sales & Lease Ownership
division. He formerly was Vice President, Franchise Finance of the division.
"Steve has contributed significantly thorough the years to the growth of
the Aaron's Sales & Lease Ownership franchise operations," said Robert C.
Loudermilk, Jr., President and Chief Executive Officer of Aaron Rents. "He
will continue in his new position to take on more financial responsibilities
within the Company."
Mr. Michaels joined Aaron Rents in 1995 and held various internal audit
positions. He advanced to Director of Franchise Finance in 1999 of the Aaron's
Sales & Lease Ownership division and was promoted to Vice President, Franchise
Finance in August, 2005. He is a graduate of the University of Florida with a
Bachelor of Science degree in Business Administration and holds a Masters of
Business Administration degree from Georgia State University. He is also a
Certified Public Accountant.
Aaron Rents, Inc., based in Atlanta, currently has more than 1,570
Company-operated and franchised stores in 48 states and Canada.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995: Statements in this news release regarding Aaron Rents, Inc.'s
business which are not historical facts are "forward-looking statements" that
involve risks and uncertainties which could cause actual results to differ
materially from those contained in the forward-looking statements. These risks
and uncertainties include factors such as changes in general economic
conditions, competition, pricing, customer demand and other issues, and the
risks and uncertainties discussed under "Risk Factors" in the Company's Annual
Report on Form 10-K for the fiscal year ended December 31, 2007.
SOURCE Aaron Rents, Inc.
CONTACT: Gilbert L. Danielson, Executive Vice President, Chief Financial
Officer, +1-404-231-0011
Web site: http://www.aaronrents.com
(RNT)