The Home Depot Launches Next Cordless Revolution With Lithium-Ion Power Tools


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The Home Depot Launches Next Cordless Revolution With Lithium-Ion Power Tools

  1. 1. The Home Depot Launches Next Cordless Revolution With Lithium-Ion Power Tools Makita U.S.A. Inc. and Milwaukee Electric Tool Corporation Introduce New Tools With Breakthrough Technology ATLANTA, Oct 06, 2005 /PRNewswire-FirstCall via COMTEX/ -- The Home Depot(R), the world's largest home improvement retailer, today announced the exclusive retail launch of cordless power tools that deliver the longest-lasting power available in the market. The new lines of innovative tools from Makita U.S.A. Inc. and Milwaukee Electric Tool Corporation operate with breakthrough battery technology utilizing Lithium-Ion, which lasts up to 40 percent longer than an average 18-volt power tool. The tools will be available in all The Home Depot stores in the United States and Canada in November 2005. (Logo: "The Home Depot's introduction of these revolutionary, new power tools reinforces our commitment to bringing the latest innovations to our customers," said Tom Taylor, executive vice president, Merchandising & Marketing for The Home Depot. "The new tools from Makita and Milwaukee offer more than just battery technology. They feature better ergonomics, longer cycle times and low weight-to-torque ratios that help make these tools the biggest step forward in cordless technology in years." The two product lines will serve both professional contractors and heavy do-it-yourselfers. A selection of the tools already has been introduced through industrial channels. The tools were developed with the contractor in mind to address the heavy workload and durability needed for use on a job site. The new technology will enable the tools to run longer, be durable enough to withstand the rigors of construction work, be comfortable to use for hours on end and have more than enough power to get the job done. The new power tool lines include a Milwaukee V28, four-piece, Cordless Combo Kit and Makita 18V LXT, four-piece Cordless Combo Kit, 18V LXT Cordless Hammer Driver-Drill Kit and 18V LXT Cordless Impact Driver Kit. Taylor added, "While both tool lines offer superior power and performance, they have different features and benefits to appeal to different audiences. The V28 series from Milwaukee will be targeted to those who are seeking the most power from a cordless tool, while the LXT series from Makita is for those customers who want 18-volt power at a weight equal to most 12-volt cordless tools." The Milwaukee V28 Lithium-Ion Battery features include: - dramatically increased power and up to twice the run time of traditional 18V tools - a built-in fuel gauge to inform users how much run time is available - consistent, fade-free power throughout the discharge cycle that ensures the last job is as powerful as the first - V28 batteries with a two-year warranty. The Makita LXT Lithium-Ion Cordless Power Tool lineup user benefits include: - more power with new Makita-built, four-pole motor for maximum output - unique, ergonomic compact design is 40 percent lighter yet more powerful than traditional 18V tools - LXT Lithium-Ion battery and optimum charging system that produces 280 percent more lifetime work and 40 percent longer run time The Home Depot is introducing the new tool lines in stores in November, but will begin offering them on its Web site at and through its Tool Catalog in mid-October. The new power tools and combo kits will be available for approximately $350-$750. For more information about innovative products available at The Home Depot, visit The Home Depot Media Zone at
  2. 2. Founded in 1978, The Home Depot(R) is the world's largest home improvement specialty retailer and the second largest retailer in the United States, with fiscal 2004 sales of $73.1 billion. The company employs approximately 325,000 associates and has 1,957 stores in 50 states, the District of Columbia, Puerto Rico, 10 Canadian provinces and Mexico. The company has announced plans for retail expansion into China. The Home Depot has been recognized by Fortune as the No. 1 Most Admired Specialty Retailer for 2005. Its stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index. HDG SOURCE The Home Depot Financial Community, Diane Dayhoff, +1-770-384-2666, or , or News Media, Jen King, +1-770-384-3490, or , both of The Home Depot Copyright (C) 2005 PR Newswire. All rights reserved. News Provided by COMTEX