|Standex Announces Management Change|
Company Begins Search for New Chief Financial Officer
SALEM, N.H.--(BUSINESS WIRE)--Nov. 29, 2007--Standex International Corporation (NYSE:SXI) today announced that Christian Storch will resign effective December 13 as vice president, chief financial officer and treasurer to take a chief financial officer position with another publicly traded company closer to his home. Storch also will resign his position as a director of the Company. Standex has retained a national executive recruiting firm and is moving aggressively to identify a new chief financial officer.
"On behalf of Standex and the board, I would like to thank Christian for his valuable contributions to the Company for the past eight years," said President and Chief Executive Officer Roger Fix. "Christian's new position will allow him to spend more time with his family and we wish him every success in his personal and professional life."
Standex International Corporation is a multi-industry manufacturer in five broad business segments: Food Service Equipment Group, Air Distribution Products Group, Engineered Products Group, Engraving Group 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.
CONTACT: Standex International Corporation