TBWC TB Woods Corp (MM)

TB Wood's Corporation Announces Management Change CHAMBERSBURG, Pa., July 13 /PRNewswire-FirstCall/ -- TB Wood's Corporation (NASDAQ:TBWC), announced that Preben Petersen, its Vice President/General Manager Electronics Division, will be leaving the company effective today. The company has initiated a search to fill this position. TB Wood's (http://www.tbwoods.com/) is an established designer, manufacturer and marketer of electronic and mechanical industrial power transmission products, which are sold to North American and international manufacturers and users of industrial equipment. Headquartered in Chambersburg, Pennsylvania, the Company operates production facilities in the United States, Mexico, Germany, Italy and India. This press release contains statements that are forward looking within the meaning of applicable securities laws. These statements include or imply projections of future performance that are based upon the Company's expectations and assumptions. These expectations and assumptions, as well as the Company's future performance are subject to a number of risks and uncertainties. Factors that could cause actual results to differ from projected results are discussed in various of the Company's documents filed with the SEC. Contact: Joseph C. Horvath, Chief Financial Officer 717-264-7161 Extension 4465 DATASOURCE: TB Wood's Corporation CONTACT: Joseph C. Horvath, Chief Financial Officer of TB Wood's Corporation, +1-717-264-7161 Extension 4465 Web site: http://www.tbwoods.com/

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