For Immediate Release

SYRATECH CORPORATION REAFFIRMS ITS LEGACY WITH INNOVATIVE FLATWARE INTRODUCTIONS

NEW YORK, New York (October 29, 2004) - - Syratech's metal division is going back to its heritage--flatware. Wallace Silversmiths, Towle Silversmiths and International Silver will introduce over 30 new flatware patterns combined at the Spring 2005 Tabletop Show. The new patterns will be both fashionable and stylish, with updated designs and innovative materials for today's trend-conscious consumer.

Our goal is to redefine our niche in the flatware market for value and style by offering an array of new patterns at a variety of popular price points while continuing to produce traditional flatware patterns in materials like stainless steel and silverplate. In addition, there will be flatware introductions with newer modern styles for the younger and less traditional consumer with materials like mother of pearl, pewter and copper making the table look fashionable and chic. The copper, pewter and mother of pearl flatware accents your tabletop with color and style.

Entertaining is becoming popular whether it is a dinner party for two or for 20, the style of the table makes a statement. Imagine, copper flatware at Thanksgiving for a true autumn feel or mother of pearl at a home bridal luncheon, a perfect fit for the occasion.

Flatware is a part of everyday life, everyone uses flatware, therefore, it's essential that the quality and fashion meet the expectations of today's consumer. These new product introductions service the consumer's needs by melding history and tradition with today's market.

About Syratech

Founded in 1986, Syratech Corporation (http://www.Syratech.com) designs, manufactures, markets, imports and distributes many of the leading brands in home fashion, including Wallace Silversmiths, Towle Silversmiths, Vera Wang Silver and Gifts, International Silver Company, Melannco International, Topic, Elements, Rochard and Silvestri.

The company's tabletop, giftware and home décor products offer the consumer the ultimate in entertaining, decorating and gift giving. Manufactured in a variety of materials including sterling silver, silverplate and stainless steel, ceramic, glass, porcelain and resin. Syratech provides flatware, dinnerware and glassware as well as a variety of lighting, vases, frames and gifts for the decorating consumer.