Liberty Safe Appoints Greg Clements as Chief Financial Officer

PAYSON, Utah – Liberty Safe and Security Products, Inc. ("Liberty" or the "Company") today announced the appointment of Greg Clements as Chief Financial Officer, effective immediately.

Kim Waddoups, Chief Executive Officer of Liberty Safe, stated, "Greg has performed in a stellar role in building the critical administration structure within Liberty Safe. His knowledge of our systems, products and overall infrastructure has well prepared him for this new role. We look forward to the ongoing contributions that Greg will be able to make as Liberty continues to strengthen its market leadership."

Steve Allred, President of Liberty, commented, "We are pleased to strengthen our executive management team with the promotion of Greg Clements. He has contributed over the years to the growth of our Company, demonstrating exceptional leadership and an unwavering commitment to Liberty along the way. By expanding the role of this highly talented professional, we expect to realize significant benefits as we continue to strengthen Liberty's position as the leading brand for premium home, office and gun safes."

As CFO, Mr. Clements will be responsible for all financial reporting and compliance requirements. These responsibilities successfully transitioned from Justin Buck to Greg Clements. Greg has worked at Liberty for more than 16 years within the accounting group, and most recently as controller. He has been a critical part of creating a great team in the accounting department as well as the company overall.

Please join with me in congratulating him on this promotion and aligning behind him with your support.

About Liberty Safe and Security Products, Inc.
Based in Payson, Utah and founded in 1988, Liberty is the premier designer, manufacturer and marketer of home and gun safes in North America. From its over 300,000 square foot manufacturing facility, the Company produces a wide range of home, office and gun safe models in a broad assortment of sizes, features and styles. Products are marketed under the Liberty brand, as well as a portfolio of licensed and private label brands, including Freedom Security, Cabela's and John Deere. The Company's products are the market share leader and are sold in various sporting goods, farm and fleet, and home improvement retailers. Liberty also has the largest independent dealer network in the industry. For more information, please visit the Company's website a www.libertysafe.com.

Liberty is a subsidiary of Compass Diversified Holdings (NYSE: CODI), an owner of leading middle market businesses. For more information on CODI, please visi www.compassdiversifiedholdings.com.

This press release may contain certain forward-looking statements, including statements with regard to the future performance of the Company. Words such as "believes," "expects," "projects," and "future" or similar expressions, are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements, and some of these factors are enumerated in the risk factor discussion in the Form 10-K filed by CODI with the Securities and Exchange Commission for the year ended December 31, 2016 and other filings with the Securities and Exchange Commission. CODI undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.