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|Standex International Announces Expansion Of Its Berean Christian Stores Division|
| SALEM, NH, August 13, 1998 . . .
Standex International Corporation (NYSE:SXI)
(NYSE:SXI) announced today the recent opening of two new stores in its Berean Christian
Stores Division in Houston, TX and Albuquerque, NM. In addition, Berean has recently moved
its Cincinnati, OH store to a new 25,000 square foot location making it the largest store
in the chain, and will move its Fresno, CA store to a new 24,000 square foot location by
September 1, 1998. |
Berean Christian Stores, with 23 stores located in 10 states, is one of the largest non-denominational religious Christian retailers selling books, music and other supplies to individuals, schools and churches.
Edward J. Trainor, President and CEO of Standex International said, "We see significant expansion opportunities in this marketplace as interest in spiritual and family values increases nationwide, particularly among today's youthful religious audience." 1
Standex International Corporation, with sales for the fiscal year ended June 30, 1997 of $565 million and operations in the United States, Western Europe, Canada, Australia, Singapore and Mexico, is a diversified manufacturer in three broad business segments: Food Service, Industrial Products and Consumer Products.