SUMRW Cummer Infant Wrts (MM)

Summer Infant, Inc. (�Company�) (Nasdaq: SUMR, SUMRU, SUMRW), today announced its outlook for the full year 2008. Based on customer commitments to date and sales data at the retail level, the Company expects net revenues for 2008 to be in the range of approximately $95.0 to $100.0 million and EBITDA for 2008 to be in the range of $10.2 to $10.6 million, before any acquisitions. The Company expects earnings per share for 2008 to be in the range of $0.30 to $0.32. �We are very excited about the opportunities that lie ahead for Summer Infant in 2008,� commented Jason Macari, Chief Executive Officer of the Summer Infant, Inc. �We continue to see significant momentum in our industry and a very positive response from our retail partners regarding our 2008 product lineup and placements. Despite facing some near-term pressure from higher raw material and labor costs in China, we continue to carefully manage our expenses and to adjust our cost structure as necessary. Nevertheless, we continue to invest in our business to ensure we are developing safe, innovative products and improved designs to help build the Summer Infant brand and to differentiate our products from our competition.� About Summer Infant, Inc. Based in Woonsocket, Rhode Island, the Company is a designer, marketer and distributor of branded durable juvenile health, safety and wellness products (for ages 0-3 years), which are sold principally to large U.S. retailers. The Company currently sells proprietary products in a number of different categories, including nursery audio/video monitors, safety gates, durable bath products, bed rails, infant thermometers and related health and safety products, booster and potty seats, soft goods, bouncers, strollers, highchairs and swings. Use of Non-GAAP Financial Information This release includes presentations of EBITDA, which is defined as income before interest and taxes plus depreciation, amortization and non cash stock option expense. The Company believes that the presentation of EBITDA provides useful information to investors as it indicates more clearly the ability of the Company's assets to generate cash sufficient to pay interest on its indebtedness, meet capital expenditure and working capital requirements and otherwise meet its obligations as they become due. EBITDA is commonly used as a measure of leverage capacity, debt service ability and liquidity. EBITDA is not considered a measure of financial performance under U.S. generally accepted accounting principles (GAAP), and the items excluded from EBITDA are significant components in understanding and assessing our financial performance. EBITDA should not be considered in isolation or as an alternative to such GAAP measures as net income, cash flows provided by or used in operating, investing or financing activities or other financial statement data presented in our consolidated financial statements as an indicator of financial performance or liquidity. The Company provides reconciliations of EBITDA and any other non-GAAP financial measures in its press releases of historical performance. However, reconciliation for forward-looking EBITDA projections presented in this release is not being provided due to the number of variables in the projected range of EBITDA. The EBITDA range in this release is calculated in accordance with the Company's past practices. Since EBITDA is not a measure determined in accordance with GAAP and is susceptible to varying calculations, EBITDA, as presented, may not be comparable to other similarly titled measures of other companies. Forward Looking Statements Certain statements in this release that are not historical fact may be deemed �forward-looking statements� within the meaning of the Private Securities Litigation Reform Act of 1995, and the Company intends that these forward-looking statements be subject to the safe harbor created thereby. These forward-looking statements include statements regarding expected operating performance, sales, net revenues, EBITDA and customer commitments for fiscal 2008. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by these forward-looking statements. These factors include the concentration of the Company�s business with retail customers; the ability of the Company to compete in the industry; the Company�s dependence on key personnel; the Company�s reliance on foreign suppliers; and other risks as detailed in the Company�s Annual Report on Form 10-KSB for the fiscal year ended December 31, 2006, Definitive Proxy filed February 13, 2007, and subsequent filings with the Securities and Exchange Commission. The Company assumes no obligation to update the information contained in this presentation.