KUHLMAN COMPANY, INC
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<TYPE>EX-10.1
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    <div>&#160;</div>
    <div><strong><font size="2">Exhibit 10.1</font></strong><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">KUHLMAN
      COMPANY, INC.</font></div>
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            <td width="40%">&#160;</td>
            <td width="60%"><strong><font size="2">Investor Relations
              Contact:</font></strong></td>
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            <td width="40%">&#160;</td>
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              <div style="MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font size="2">James
                Palczynski or Joe Teklits</font></div>
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            <td width="40%">&#160;</td>
            <td width="60%">
              <div style="MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font size="2">Integrated
                Corporate Relations, Inc.</font></div>
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            <td width="40%">&#160;</td>
            <td width="60%">
              <div style="MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font size="2">(203)
                682-8200</font></div>
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            <td width="40%">&#160;</td>
            <td width="60%">&#160;</td>
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            <td width="60%"><strong><font size="2">Company
              Contact:</font></strong></td>
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              <div style="MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font size="2">Scott
                Kuhlman, Chief Executive Officer</font></div>
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            <td width="40%">&#160;</td>
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              <div style="MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font size="2">Kuhlman
                Company, Inc.</font></div>
            </td>
          </tr>
          <tr bgcolor="white">
            <td width="40%">&#160;</td>
            <td width="60%">
              <div style="MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font size="2">(612)
                767-2400</font></div>
            </td>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">KUHLMAN
      COMPANY RECEIVES AMEX COMPLIANCE NOTICE </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Minneapolis,
      Minnesota - January 26, 2005 - Kuhlman Company, Inc. (AMEX:KUL), a provider
      of
      European-inspired, tailored clothing for men and women, today reported that
      on
      September 26, 2006, the Company received notice from the American Stock Exchange
      (&#8220;AMEX&#8221;) that the Company was not in compliance with certain of AMEX&#8217;s continued
      listing requirements. Specifically, the Company was not in compliance with
      Section 1003(a)(ii) of the AMEX Company Guide, the AMEX shareholder equity
      requirement of shareholder&#8217;s equity of less than $4,000,000 and/or net losses in
      three out of four most recent fiscal years, as well as with Section 1003(a)(iv)
      of the AMEX Company Guide because, in the opinion of AMEX, the Company&#8217;s
      financial condition is impaired and it appears questionable, in the opinion
      of
      AMEX, as to whether the Company will be able to continue operations and/or
      meet
      its obligations as they mature. The Company intends to submit a plan to AMEX
      by
      October 26, 2006 advising AMEX what action it has taken, or will take, that
      would bring the Company into compliance. No assurance can be given that AMEX
      will find such plan acceptable and that The Company can maintain its AMEX
      listing. </font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>About
      Kuhlman Company, Inc.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Kuhlman
      is a specialty retailer and wholesale provider of branded men's and women's
      apparel, through company-owned retail stores and under private labels through
      other large retailers. Kuhlman opened its first retail store in July 2003 and
      now operates 32 retail stores in 13 states. Kuhlman has approximately 140
      employees and its corporate office is located in Minneapolis, MN. Additional
      information regarding Kuhlman and its apparel, and store locations can be found
      at </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>http://www.kuhlmancompany.com</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Forward-Looking
      Statements</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 18pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Some
      of
      the statements made in this release are forward-looking statements. These
      forward-looking statements are based upon our current expectations and
      projections about future events and generally relate to our plans, objectives
      and expectations for our business. Although our management believes that the
      plans and objectives expressed in these forward-looking statements are
      reasonable, the outcome of su2ch plans, objectives and expectations </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">involve
      risks and uncertainties and </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">our
      actual future results may be materially different from the plans, objectives
      and
      expectations expressed in these forward-looking statements. Specific factors
      that might cause actual results to differ from our current expectations include,
      but are not limited to:</font></div>
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            <td align="left" style="width: 36pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></td>
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              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">our
                ability to anticipate and identify style
                trends</font></div>
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            <td align="left" style="width: 36pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></td>
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              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">our
                ability to identify and secure favorable retail
                locations</font></div>
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            <td align="left" style="width: 36pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></td>
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              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">our
                ability to establish successful vendor relationships and obtain quality
                products on a timely basis</font></div>
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            <td align="left" style="width: 36pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></td>
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              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">our
                ability to hire and develop successful retail salespeople and
                managers</font></div>
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            <td align="left" style="width: 36pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></td>
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              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">our
                ability to identify and develop additional wholesale
                relationships</font></div>
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            <td align="left" style="width: 36pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></td>
            <td align="left">
              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">our
                ability to compete successfully against other retailers and market
                our
                styles in a profitable manner, and</font></div>
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            <td align="left" style="width: 36pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></td>
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              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">other
                factors expressed in our periodic filings with the United States
                Securities and Exchange Commission, specifically including those
                risk
                factors contained in the Company&#8217;s current report on Form 8-K filed on
                June 16, 2005.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">For
      the
      foregoing reasons, readers and investors are cautioned that there also can
      be no
      assurance that the outcomes expressed in our forward-looking statements included
      in release will prove to be accurate. In light of the significant uncertainties
      inherent in such forward-looking statements, the inclusion of such information
      should not be regarded as a representation or warranty by the Company or any
      other person that the Company&#8217;s objectives and plans will be achieved in any
      specified time frame, if at all. The Company does not undertake any obligation
      to update any forward-looking statements or to announce revisions to any
      forward-looking statements.</font></div>
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