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Standex's Nor-Lake and Master-Bilt Recognized by Foodservice Equipment & Supply Magazine
NOR-LAKE SECURES BEST-IN-CLASS POSITION FOR ITS WALK-IN REFRIGERATION PRODUCTS
SALEM, N.H., Mar 17, 2010 (BUSINESS WIRE) -- Standex International Corporation(NYSE:SXI) today announced that two of its Foodservice Equipment Group's walk-in refrigeration brands have been recognized by Foodservice Equipment & Supply (FE&S), the industry's leading publication. In the Heavy Equipment Category, Nor-Lake was named the top manufacturer of Walk-in Refrigeration Systems, while Master-Bilt was recognized as being among the top five manufacturers for 2009.

Both brands were chosen out of more than 50 competing walk-in refrigeration unit manufacturers. The ranking was the result of an annual survey by FE&S among foodservice consultants, dealers, store operators and industry broadliners. Nor-Lake consistently had been among the top five in the survey, and was ranked in second place for the past three years.

"The fact that two of the top five spots in this ranking belong to Standex companies is a testament to the quality of our products, our employees' dedication to service and our ability to develop innovative solutions to meet our customers' unique needs," said John Abbott, Group Vice President, Standex Food Service Equipment Group. "Standex's refrigeration brands are the largest suppliers of food service walk-in coolers and freezers in the U.S. and are specified by nine out of the top ten national chain restaurants in the U.S."

"Furthermore, Standex's walk-in refrigeration systems also lead the national drug store segment, where we provide solutions for both CVS and Walgreens, two of the largest drug store chains nationwide," said Abbott. "We look forward to leveraging our position in both the foodservice and drug store markets to expand into providing refrigeration solutions for customers in other industries."

Since 1947, Nor-Lake has been manufacturing quality products to serve a wide range of foodservice and scientific refrigeration needs. From walk-in refrigerators and freezers to plasma refrigerators and environmental walk-in rooms, Nor-Lake offers the widest range of commercial refrigeration products in the business.

For more than 70 years, Master-Bilt has been providing a complete line of refrigeration solutions, including ice cream freezers, walk-ins, glass door merchandisers, deli display cases, open air cases, foodservice reach-ins, prep tables, refrigerated warehouses, refrigeration systems and more.

About Standex's Food Service Equipment Group

The Food Service Equipment Group (FSEG) is a broad-line manufacturer of commercial food service equipment, including walk-in coolers and freezers, refrigerated, non-refrigerated and hot display cabinets and storage systems, commercial ovens, rotisseries and cooking equipment, bakery and deli display cases, hot food counter-top products, patient feeding systems, rotary vane pumps and stainless steel fabrication, millwork and solid surface stonework. The majority of the FSEG businesses are grouped into two divisions, Standex Cooking Solutions Group and Standex Refrigerated Solutions Group. FSEG enjoys market leadership positions and strong brand recognition in the food service industry with each of its eight leadership companies: American Foodservice, APW Wyott, Bakers Pride, BKI, Federal Industries, Kool Star, Master-Bilt, Nor-Lake, Inc. and Procon. The group employs over 1,500 with manufacturing facilities in Ireland, Mexico, Mississippi, New York, South Carolina, Tennessee, Texas, Wisconsin and Wyoming. In addition to the U.S., FSEG has an established presence in Europe and is developing or expanding distributor relationships in Africa, Asia, Australia and South America.

About Standex

Standex International Corporation is a multi-industry manufacturer in five broad business segments: Food Service Equipment Group, Air Distribution Products Group, Engineering Technologies Group,Engraving Group and the Electronics and Hydraulics Products Group with operations in the United States, Europe, Canada, Australia, Singapore, Mexico, Brazil and China. For additional information, visit the Company's website at www.standex.com.

SOURCE: Standex International Corporation

Standex International Corporation
Thomas DeByle, 603-893-9701
CFO
InvestorRelations@Standex.com