Penmar Industries Awarded Certification as a Small Disadvantaged Business (SDB) by the U.S. Small Business Administration


SOUTH NORWALK, Conn. - January 22, 2008 - Penmar Industries, a Connecticut-based,
Hispanic-owned company, was awarded certification as a Small Disadvantaged Business (SDB) under U.S. Small Business Administration (SBA) guidelines. The SBA certifies small businesses that meet specific economic, ownership, and control eligibility criteria making them eligible to participate in the SDB Program.

The U.S. Small Business Administration recognizes the importance of the economic development of small business in the development of the U.S. economy. The SBA is the gateway to opportunity for small contractors and subcontractors and helps Americans start, build and grow their companies through an extensive network of field offices and partnerships with public and private organizations.

About the Company

Penmar Industries is a leader in the manufacturing industry, providing quality labels, tapes and packaging supplies. Penmar has a reputation of constantly exceeding its customer's expectations and has established a legacy of success, as made evident in their award history:

o 2006 and 2007, Penmar was honored by Southport-based DiversityBusiness.com
as a top state multicultural business in the organization's Div50 Awards competition
o 2006 Silver and Bronze awards at the 31st International Gallery of Superb Printing
o 1997 and 2004 Connecticut Minority Supplier Development Council (CMSDC)
Supplier of the year
o 1997, 2000, 2001 and 2005 Gallery of Superb Printing awards

"Our business is poised for growth, and being a certified SDB provides us with opportunity to compete for procurement bids and significantly increases our ability to achieve our 2008 business goals", said Penmar Industries' President, Tony Soegaard. Tony Soegaard has created an environment of creativity, loyalty and commitment of all Penmar associates to the continued success of the company. "Our associates comprise a dedicated team of professionals who promote a safe and positive work environment, build valued business relationships, and set an industry standard for quality and profitability, while being ever sensitive to the needs of customers - important characteristics when pursuing joint ventures."

About Penmar Industries

Penmar Industries, based in South Norwalk, Connecticut is a leading provider of quality labels, tapes and packaging supplies. The Company is dedicated to helping local, regional, national and international customers by providing efficient supply chain solutions.

A legacy of exceeding customer expectations for quality products, reliable service, and providing solutions for challenging problems gives Penmar Industries its greatest sense of pride. Its commitment to excellence has earned Penmar recognition as a leading minority supplier of quality labels, tapes and packaging supplies throughout the past 42 years.

Penmar's versatility helps its clients to achieve the highest level of customer satisfaction in the products it manufactures and delivers. The Company's product design team develops tape, label and packaging components which meet the demands of varying manufacturing and shipping requirements. Clients who are challenged to meet a unique set of specifications, such as environment, durability, materials and cost depend on Penmar to offer a satisfactory solution.

Penmar clients are also recognized as leaders of their industries. They include Tyco International, United Technologies Corporation, Otis Elevator, Mashantucket Pequot Tribal National (Foxwoods), AT&T and Ford Motor Company. Penmar also takes pride in the leading small businesses that it serves, including such companies as Lillian August, Housatonic Meadows State Park and L'Avion, a clothing company founded by a former Norwalk pediatrician.

Visit the company's web site at www.Penmar-industries.com.

Editorial Contact:
Lori M. Johnson
commVerge Marketing
(203) 874-7868
ljohnson@cverge.com

Contact:
Tony Soegaard, President
Penmar Industries, Inc.
203-856-1692
Tony.soegaard@penmar-industries.com

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