Kewaunee Scientific Reports Board of Directors Join NACD

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Oct 11, 2017, 16:03 ET

STATESVILLE, N.C., Oct. 11, 2017 /PRNewswire/ -- Kewaunee Scientific Corporation (NASDAQ: KEQU) today announced that its Board of Directors have become members of the National Association of Corporate Directors ("NACD").

The NACD states their vision is to aspire to a world where businesses are sustainable, profitable, and respected and stakeholders trust directors to help develop strategies that create long-term value and provide effective oversight of the company.

Through actionable resources, the NACD enhances directors' abilities to fulfill their roles to increase the value of the company they represent and to serve as strategic assets for the company. Membership connects our directors to a network of more than 17,000 board members from leading public, private, and nonprofit organizations, in addition to 87 percent of the Fortune 1000.

NACD is the recognized leader on boardroom practices which enables the directors to strengthen investor trust and public confidence as they are well-prepared for tomorrow's challenges. They have been setting the standard for responsible board leadership for 40 years.

"We are delighted that our Board of Directors are now members of this highly prestigious organization," stated William A. Shumaker, Chairman of the Board of Directors. "This will enable our directors to advance their already exemplary board leadership and enable them to utilize the many resources available to them through this organization, thereby enhancing the future growth of Kewaunee Scientific Corporation for its stockholders."

About Kewaunee Scientific
Founded in 1906, Kewaunee Scientific Corporation is a recognized global leader in the design, manufacture, and installation of laboratory, healthcare, and technical furniture products. Products include steel, wood, and laminate casework, fume hoods, adaptable modular systems, moveable workstations, stand-alone benches, biological safety cabinets, and epoxy resin worksurfaces and sinks.

The Company's corporate headquarters is located in Statesville, North Carolina. Direct sales offices are located in the United States, India, Singapore, and China. Three manufacturing facilities are located in Statesville serving the domestic and international markets, and one manufacturing facility is located in Bangalore, India serving the local and Asian markets. The Company's China headquarters and sales office are located in Shanghai, China. Kewaunee Scientific's website is located at http://www.kewaunee.com.

This press release contains statements that the Company believes to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this press release, including statements regarding the Company's future financial condition, results of operations, business operations and business prospects, are forward-looking statements. Words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "predict," "believe" and similar words, expressions and variations of these words and expressions are intended to identify forward-looking statements. All forward-looking statements are subject to important factors, risks, uncertainties and assumptions, including industry and economic conditions that could cause actual results to differ materially from those described in the forward-looking statements. Additional information concerning these factors is contained in the Company's filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date of this document. The Company assumes no obligation, and expressly disclaims any obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact: Thomas D. Hull III
704/871-3290

SOURCE Kewaunee Scientific Corporation