FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Dec. 12, 2001-- Floor Decor, Inc., a leading home flooring big box superstore chain, today announced it has signed a definitive agreement to purchase the outstanding stock of Eagle Eye Scandinavia Distribution Ltd, an English limited private company that specializes in the marketing and distribution of automotive telematics systems and services, an industry that is anticipated to exceed $7.3 billion in four years. Terms of the deal were not disclosed.

``We are very excited about this opportunity and subject to due diligence and initial orders verification currently underway, we anticipate closing within the next 30 days,'' said AJ Nassar, Chief Executive Officer of Floor Decor, Inc.