DALLAS, June 21 /PRNewswire/ -- Global Industrial Technologies, Inc.
(NYSE: GIX) today reported that, based on the votes of Global shareholders as
certified by the inspector of the election, Mr. Ronald LaBow has been elected
a director of Global.
Rawles Fulgham, Chairman and Chief Executive Officer of Global, stated,
"With the voting complete, Mr. LaBow will join a board of directors that is
focused on enhancing shareholder value by both executing our strategic
business plan and by pursuing and negotiating the possible sale of Global. We
expect that Mr. LaBow will play a constructive role in these efforts,
consistent with his fiduciary responsibility to Global shareholders."
Global is a major manufacturer of technologically advanced industrial
products that support high-growth markets around the world. Products include
modular cells for refining nonferrous metals; premium refractories for lining
heat-containing industrial vessels such as steel furnaces; raw materials used
to make refractory products; processing and recycling equipment.
SOURCE Global Industrial Technologies, Inc.
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http://www.prnewswire.com/comp/422169.html or fax,
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CONTACT:
George Pasley, V. P. Communications of Global
Industrial Technologies, Inc., 214-953-4510
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