EAST GREENVILLE, Pa., February 7 — Knoll, Inc. (NYSE: KNL) today announced that it has agreed to acquire Richard Schultz Design, Inc., the designer and manufacturer of outdoor furniture for the residential, hospitality and contract office furniture markets.

Andrew B. Cogan, Knoll CEO, said, "The acquisition of Richard Schultz reflects our ongoing interest in remixing our business with high design, high margin specialty offerings which appeal to both commercial buyers and consumers worldwide."

"Richard Schultz began his career as a designer with Knoll and co-founded his company with his son Peter in 1992. Together, they have built an international reputation for exploring new materials and forms for outdoor furniture. We look forward to the continuous success of the Richard Schultz brand," he added.

The Company, which maintains a flagship showroom in New York's D&D Building, sells the iconic 1966 Schultz Leisure Line and 1960 Petal Table Collection, originally designed for Knoll, as well as contemporary outdoor furniture designs. Its designs are included in the collections of The Museum of Modern Art, the Victoria and Albert Museum and the Philadelphia Museum of Art.

Peter Schultz said, "Our award winning designs in the modern tradition are a perfect complement to the Knoll portfolio. We look forward to our products joining the KnollStudio Collection of residential and workplace furniture."

Richard Schultz Design maintains a marketing and design studio in Palm, Pa

When Fallon, a downtown Minneapolis advertising agency, moved to its new office, the Company worked with Knoll dealer, Parameters, Ltd., and design firm, Gensler, to create a collaborative space with a social, creative aesthetic. Antenna® Workspaces Big Table and Antenna® Workspaces storage solutions were chosen for part of the Company's open plan office. Antenna® Workspaces, which suggests connections and boundaries between diverse work areas, reflects the freedom and mobility people seek in today's office (cover).

Dividends Horizon® with open weave fabric screens were also selected for the Company's workstations and delineates space with strong horizontal lines and a visual lightness. Calibre Wardrobe towers and pedestals organize and personalize the workstations.

The Company's private offices feature a mix of Dividends Horizon®, which offers planning opportunities to optimize users' relationships to their workspace, and wall mounted Reff Profiles™ storage solutions, which deliver a progressive, efficient architectural presence (left). Calibre lateral files provides additional storage and the fluid, structural form of the Saarinen Executive Chair provides guest seating throughout the office. Shown: Generation by Knoll® and Life® chairs.

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Lisa Henry, Knoll A+D Manager, Elected National President of the American Society of Interior Designers

The American Society of Interior Designers has announced that Lisa Henry, Knoll Denver/Phoenix  Architecture and Design Manager, has been elected 2012 National President of the 30,000 member professional interior design association.

"Everyone at Knoll congratulates Lisa for her commitment to the design community and the spirit of volunteerism which drives her work for ASID," said John Finken, Senior Vice President, Sales and Distribution.  

ASID is a professional association of designers, industry representatives, educators and students. Through education, knowledge sharing, advocacy, and outreach, the Society strives to advance the interior design profession and, in the process, to demonstrate the power of design to positively change people's lives. Its more than 30,000 members engage in a variety of professional programs and activities through a network of 48 chapters throughout the United States and Canada.