NEWS

WIRES

OTHER

Atrium Receives Court Approval of Disclosure Statement and Announces Global Settlement with the Committee of Unsecured Creditors

Importantly, the Plan of Reorganization, as modified, incorporates a global settlement among the Company, the secured lenders and the statutory committee of unsecured creditors appointed in the Company's Chapter 11 cases. The settlement resolves all of the Creditors' Committee's potential objections to the Plan.

"The Court's ruling marks a major milestone as we move closer to successfully completing our debt restructuring," said Gregory T. Faherty, President and Chief Executive Officer of Atrium. "Upon completion of the restructuring, Atrium will have a substantially stronger balance sheet with far less debt. We are excited about the opportunities ahead and remain focused on providing our customers with the outstanding quality, value and service they associate with Atrium."

The Court also today granted final approval for Atrium to access its $40 million Debtor-in-Possession (DIP) financing. On January 21, 2010, the Court issued interim approval for Atrium to access this facility.

As previously announced, on January 20, 2010, Atrium reported that it had reached an agreement with more than two-thirds of its senior secured lenders on an agreement to support a "pre-negotiated" restructuring of its balance sheet to reduce the Company's outstanding debt by more than $350 million, or more than 50 percent of its existing debt. To implement the balance sheet restructuring, the Company filed voluntary Chapter 11 petitions with the United States Bankruptcy Court in Wilmington, Delaware, and the Company's Canadian subsidiary initiated reorganization proceedings under the Companies' Creditors Arrangement Act (CCAA) in the Ontario Superior Court of Justice in Toronto.

The Plan of Reorganization, as amended, contemplates an equity investment from Kenner and Company and Golden Gate Capital in return for the equity of the reorganized Company, as well as a refinancing of the senior secured debt. The Company and its creditor groups have received a similar proposal from Griffon Corporation, a strategic investor. To the extent the Kenner investment or any other comparable new equity investment is not completed under the terms set forth in the amended Plan, the Plan contemplates that the senior secured lenders' claims will be satisfied through the issuance of new secured loans and conversion of existing debt to equity in the reorganized Company. The Plan provides for Atrium's current management team to remain in place under either scenario.

The main case number is 10-10150 (BLS). The case is pending before the Honorable Brendan Linehan Shannon in the United States Bankruptcy Court for the District of Delaware.

Additional information on Atrium's balance sheet restructuring is available on the Company's website at www.atrium.com/restructuring.

About Atrium Companies, Inc.

For more than 50 years, Atrium Companies, Inc. (www.atrium.com) has offered the highest quality window and door products to builders, contractors and distributors in the residential construction industry. Dedicated to meeting the needs of its customers, the Atrium family of brands provides a versatile range of window and patio door products, including vinyl and aluminum models, as well as replacement and new construction product lines. A variety of window styles also is available through the Atrium family, including single- and double-hung, horizontal slider, casement, tilt-and-turn and architectural shapes. Specialty products range from Atrium's SafeHarbor impact-resistant windows and patio doors, to innovative soundproofing Silent Guard Sound Suppression Windows. The company's portfolio of brands includes its flagship Atrium Windows and Doors brand, Superior Windows, Thermal Industries, Danvid Door and Window, HR Windows, Champion Window, North Star Windows and Doors and Darby Door.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to the safe harbor provisions created by that Act. Forward-looking statements can be identified by the use of such terms as "expects," "should," "may," "believes," "anticipates," "will," and other future tense and forward-looking terminology. There can be no assurance as to the actual results of the undertaking described herein. These forward-looking statements are made only as of the date of this release, and Atrium undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Kekst and Company
Michael Freitag or Wendi Kopsick
212-521-4800