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|Standex to Ring NYSE Closing Bell to Celebrate 35 Years on The Exchange|
SALEM, N.H.--(BUSINESS WIRE)--Oct. 13, 2004--Standex International Corporation (NYSE:SXI) announced that its president and chief executive officer, Roger Fix, will ring the closing bell of the New York Stock Exchange today to celebrate its 35th anniversary trading on the Exchange. Standex is a multi-industry manufacturer in five broad business segments: Food Service Equipment, Consumer Goods, Air Distribution Products, Standex Engraving and Engineered Products.
"We are proud to celebrate this milestone by ringing the closing bell today at the New York Stock Exchange," said Fix. "This achievement is a testimony to our ability to provide value to our shareholders and to our customers for so many years."
"As proud as we are of our past achievements, we look to the future with more confidence than ever before," continued Fix. "During the past three years, we have made a concentrated and determined effort to restructure and realign our businesses to provide Standex with a solid platform for growth. We have consolidated complementary businesses, divested non-strategic and underperforming units, and acquired companies with technological and marketing synergies. With these efforts, we have made Standex a stronger company with greater opportunities for growth and profitability."(1)
A feed of The Closing Bell(TM) (starting at 3:55 p.m.) can be accessed by fiber line at Waterfront #1630. Photos will be available via Associated Press/New York (212.621-1902), Reuters America (646.223.6285) and Bloomberg Photo (212.893.3420).
Standex International Corporation is a multi-industry manufacturer in five broad business segments: Food Service Equipment, Consumer Goods, Air Distribution Products, Standex Engraving and Engineered Products 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.
(1) Safe Harbor Language
Statements in this news release include, or may be based upon management's current expectations, estimates and/or projections about Standex's markets and industries. These statements are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may materially differ from those indicated by such forward-looking statements as a result of certain risks, uncertainties and assumptions that are difficult to predict. Among the factors that could cause actual results to differ are the completion of the restructuring and realignment program and the realization of sufficient proceeds from asset sales to offset restructuring expenses, realization of the expected annual cost savings resulting from the restructuring and realignment program and any other factors discussed in the Annual Report of Standex on Form 10-K for the fiscal year ending June 30, 2004, which is on file with the Securities and Exchange Commission, and any subsequent periodic reports filed by the Company with the Securities and Exchange Commission. In addition, any forward-looking statements represent management's estimates only as of the day made and should not be relied upon as representing management's estimates as of any subsequent date. While the Company may elect to update forward-looking statements at some point in the future, the Company and management specifically disclaims any obligation to do so even if its estimates change.
CONTACT: Standex International Corporation