From humble beginnings, Mr. Leeds left school at age 14 to pursue work. His job experience went from a newspaper boy for the New York post to a gas station attendant at a Getty gas station in Queens. From that position he was offered a job on a mattress delivery truck where he first received an insiders look into the mattress business. After several years of the delivery business he felt very confident in his ability to sell mattresses. He then applied to the federated dept. stores in New York to sell in the furniture and mattress dept. He landed that position which opened the doors to a very rewarding career and opportunity to pursue his financial goals.

It was after several years of selling for the federated dept. stores that he decided to move west to California, to a warmer climate. There he went to work for Mattress Discounters, and Beautyrest Gallery where he received more training and experience in the mattress business. He then landed a job as a sales rep for the Bassett Bedding Company in which he called on 26 JC Penny stores in Southern California. After saving his money and taking loans, he decided it was time to pursue his own business. He was ready for the challenge and opportunity after many years of working for other people in the industry. So he presented the idea to his boss at the Bassett plant, in order to open a Bassett Bedding gallery, and so the idea was born.

He found his first location in North Hollywood in need of desperate repair, so he rolled up his sleeves and brought out his broom and cleaned up the property, within a few months he was ready for business. As time went on changes took place and Sealy, America's #1 mattress retailer, came to be his primary supplier with Simmons and Spring Air and the Bassett Bedding Gallery became the Leeds Mattress Stores.

He chose his own name to reflect what he believed in, giving back to the community and dealing fair with all of the people he serves. He used his name because he felt that if you believe in what you do then you should be proud to put your name on it. Today you can still find him outside sweeping his stores clean, helping his delivery men unload the trucks and helping customers select new mattress sets.

The motto, as Leeds Mattress Stores continue to grow,

• to keep things simple with every day low prices
• to continue to beat the best sale prices
• to keep the best employees and reward them for their efforts
• and to treat every customer with respect and fairness.

We would like to thank the new shareholders that will be investing in us. They give us the chance to grow and serve more communities with the best prices and service in the mattress industry.