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EILEEN FISHER Honors Five Recipients of Its 2007 Business Grant Program for Women Entrepreneurs

January 9, 2008

EILEEN FISHER is delighted to honor the recipients of its 4th Annual Business Grant Program for Women Entrepreneurs. This year's recipients will each receive a $10,000 grant and be recognized in New York City on January 14-15, 2008 during a two-day conference. The program recognizes women-owned businesses that have a strong vision, a solid business plan and a need for start-up funds or growth capital to support the emerging future of their business.

During the 2007 grant cycle, more than 200 businesses from across the U.S. and Canada, including start-ups, were reviewed by members of EILEEN FISHER's volunteer donations committee. Applicants were evaluated on the innovation, social consciousness, sustainability and environmental impact of their business, intended use of grant money and alignment with the mission of EILEEN FISHER.

"Since our grants program started 4 years ago, the sophistication level of applicants continues to exceed our expectations," says Amy Hall, director of social consciousness at EILEEN FISHER. "We've also witnessed an increased awareness in the triple bottom line approach to running a business, where profits go side-by-side with environmental and social performance."

The 2007 EILEEN FISHER business grant recipients are:

Hot Bread Kitchen, a Brooklyn, New York-based wholesale and retail social purpose bakery which creates new professional opportunities for immigrant women, while preserving and promoting baking traditions from around the world and using organic ingredients when available.

Looolo Textiles, a home textiles design company, based in Montreal, Canada, which creates modern designs for the home, and is committed to sustainability in every aspect of the design and manufacturing process.

Milkweed Mercantile, an eco-inn, organic cafe and community space, located in rural northeastern Missouri, slated to open in the spring of .

One Good Woman of Camp Hill, PA, a purveyor of the finest coffees, teas and gourmet gifts, offered in a hospitable environment, where customer service and locally procured products have filled a void in the market.

To-Go Ware, based in Berkeley, California, a maker of durable, reusable utensils, using environmentally responsible materials and fair trade practices, that allow for on-the-go convenience when eating or transporting food.

Eileen Fisher was inspired by the creative thinking and collaboration each recipient brings to its daily work. "It is so important to our company to collaborate. The more voices we bring in, the easier it is to move important ideas forward," says Eileen. "These women recognize that when you have an affiliation between the values you hold and the people you work with, something great is going to happen."

"These women conduct business holistically," says Amy. "We admired their creative approach to businesses, and how they are able to weave relevant and powerful concepts into their work, while remaining committed to connecting with the communities they work in and with."

EILEEN FISHER designs simple clothes that work together, across the seasons and across the years. With pure shapes and fine fabrics, they create sophistication, comfort-and style that lasts. Simpler for the customer, better for the environment. Founded in 1984, the company reported overall sales of $225 million in 2006. The collection is sold by major retailers and specialty stores across the U.S. and Canada as well as in 39 company-owned stores. Based in Irvington, N.Y., the company operates showrooms in New York City, Los Angeles, Dallas and Atlanta.