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Standex Names Anne De Greef-Safft President of Food Service

Jan 26, 2015

SALEM, N.H.--(BUSINESS WIRE)--Standex International Corporation (NYSE:SXI) today announced that it has named Anne De Greef-Safft as Group President, Food Service Equipment Group, effective January 26, 2015. De Greef-Safft joins Standex from Danaher Corporation, where she served most recently as Vice President, Strategic Development - Danaher Sensors & Controls.

“Anne brings proven global operations leadership capabilities to the Standex Food Service Equipment Group at an important time for the segment,” said David Dunbar, CEO of Standex. “While leading multiple and diverse P&Ls during the past 12 years, Anne gained significant expertise in customer relations, driving innovation, integrating acquisitions, developing talent and enhancing operational efficiencies. Her successful experience in these areas will be valuable assets as we execute on our organic and acquisition growth strategies and implement operational improvement initiatives to enhance margin performance. We look forward to Anne’s contributions as our Food Service Equipment Group President in moving the segment forward.1

De Greef-Safft held various leadership positions within Danaher since 2002. From 2009 through 2014, De Greef-Safft was President of Danaher’s Gems, Setra, Sonix and Anderson Companies, where she directed the worldwide operations, marketing & sales, engineering, accounting and human resources functions of these businesses. During her time at Danaher, she also served as Board Director of Senstronics from 2009-2014, President of Leica Biosystems from 2007-2009, President of Hach Lange Europe from 2005-2007, and President of Anderson Companies from 2002-2005. From 1985 to 2002, she served in numerous industrial management roles at Airpax Corp., Ultrak, Inc., C-Power Products, Inc., Rogers Corporation and Mietec NV. De Greef-Safft earned an MBA from Babson College and B.S.E.E. and M.S.E.E. degrees from Catholic University of Louvain in Belgium.

About Standex

Standex International Corporation is a multi-industry manufacturer in five broad business segments: Food Service Equipment Group, Engineering Technologies Group, Engraving Group, Electronics Products Group, and Hydraulics Products Group with operations in the United States, Europe, Canada, Australia, Singapore, Mexico, Brazil, Argentina, Turkey, South Africa, India 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 impact of implementation of government regulations and programs affecting our businesses, unforeseen legal judgments, fines or settlements, uncertainty in conditions in the financial and banking markets, general domestic and international economy including more specifically increases in raw material costs, the ability to substitute less expensive alternative raw materials, the heavy construction vehicle market, the ability to continue to successfully implement productivity improvements, increase market share, access new markets, introduce new products, enhance our presence in strategic channels, the successful expansion and automation of manufacturing capabilities and diversification efforts in emerging markets, the ability to continue to achieve cost savings through lean manufacturing, cost reduction activities, and low cost sourcing, effective completion of plant consolidations, successful completion and integration of acquisitions and the other factors discussed in the Annual Report of Standex on Form 10-K for the fiscal year ending June 30, 2014, 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 disclaim any obligation to do so, even if management's estimates change.

Contact:

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

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