Exhibit 99.1

Alliance Laundry Holdings LLC Reports 2nd Quarter 2010 Earnings

RIPON, Wis.--(BUSINESS WIRE)--August 9, 2010--Alliance Laundry Holdings LLC announced today results for the three and six months ended June 30, 2010.

Net revenues for the quarter ended June 30, 2010 increased $18.4 million to $113.3 million from $94.9 million for the quarter ended June 30, 2009. Our net income for the quarter ended June 30, 2010 was $6.6 million as compared to a net loss of $3.5 million for the quarter ended June 30, 2009. Adjusted EBITDA (see “About Non-GAAP Financial Measures” below) for the quarter ended June 30, 2010 increased $1.5 million to $24.0 million from $22.5 million for the quarter ended June 30, 2009.

Net revenues for the quarter ended June 30, 2009 included an unfavorable $13.6 million non-cash mark-to-market adjustment related to the establishment of a new asset backed facility. Excluding the asset backed facility adjustment, revenues for the quarter ended June 30, 2010 increased $4.8 million, or 4.4%, as compared to the quarter ended June 30, 2009.

Included in our net income for the quarter ended June 30, 2009 was the unfavorable $13.6 million non-cash mark-to-market adjustment related to the establishment of the new asset backed facility and $6.2 million of transaction costs incurred in establishing the new asset backed facility, with no similar items in the quarter ended June 30, 2010.

Net revenues for the six months ended June 30, 2010 increased $14.7 million to $206.0 million from $191.3 million for the six months ended June 30, 2009. Our net income for the six months ended June 30, 2010 was $11.2 million as compared to a net loss of $1.2 million for the six months ended June 30, 2009. Adjusted EBITDA (see “About Non-GAAP Financial Measures” below) for the six months ended June 30, 2010 increased $5.0 million to $41.0 million as compared to $36.0 million for the six months ended June 30, 2009.

In announcing the Company’s results, CEO Thomas F. L’Esperance said, “We are extremely pleased with our bottom line performance for the quarter and six months, particularly given the difficult global economic conditions. While revenues were in line with our expectations, cost controls delivered bottom line results which slightly exceeded our expectations.”

L’Esperance concluded, “We expect a strong earnings performance for 2010 and will intensify our effort on new product development to position the business for growth as we emerge from this downturn. Our core strategies have not changed; we will continue to focus on our customer one initiative and will continue to grow our presence outside of the U.S. and Canada.”


The following information was filed by Alliance Laundry Holdings Llc on Tuesday, August 10, 2010 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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