COLUMBUS, Ohio--(BUSINESS WIRE)--Jul. 6, 2009--
Worthington Industries, Inc. (NYSE: WOR) today announced that its joint
venture, Worthington Armstrong Venture (WAVE), in partnership with
Armstrong, received two awards at the 2009 NeoCon World’s Trade Fair™
for the company’s new DC FlexZone™ Grid System.
The DC FlexZone™ Grid System received the Gold Award in the Workplace
Technologies category of the Best of NeoCon 2009 competition and Grand
Prize in the Workplace Flexibility category during Buildings
Magazine’s Product Innovation Awards.
“WAVE is proud of the DC FlexZone Grid System and the revolutionary
flexibility and energy savings it offers our customers, said John
Lamprinakos, president and CEO of WAVE. “We continue to focus on
introducing innovative products that our customers prefer and believe
that an electro active grid system will have great appeal in the
marketplace.”
The new grid system distributes safe, low voltage direct current (DC)
power to lighting fixtures, sensors, and other electrical devices in the
ceiling, based on a new, open industry standard from EMerge Alliance.
The system’s “plug and play” technology significantly improves the
flexibility and reuse of interior spaces making the installation or
moving of light fixtures, audio visual equipment and other devices
nearly as easy as changing a light bulb. DC FlexZone also contributes to
the energy efficiency of buildings.
WAVE is a founding member of the EMerge Alliance, an open industry
association promoting the rapid adoption of safe, low-voltage DC power
distribution and use in commercial interiors. Worthington Armstrong
Venture (WAVE) is a joint venture of Worthington Industries and
Armstrong World Industries and has established worldwide leadership in
the production of suspended ceiling systems. WAVE produces ceiling
suspension systems that can be combined with Armstrong acoustical
ceiling panels as a complete package or sold individually.
Worthington Industries is a leading diversified metal processing company
with annual sales of approximately $3 billion. The Columbus, Ohio, based
company is North America’s premier value-added steel processor and a
leader in manufactured metal products such as metal framing, metal
ceiling grid systems, pressure cylinders, automotive past model service
stampings and laser welded blanks. The company employs approximately
6,500 people and operates 60 facilities in 10 countries.
Founded in 1955, the company operates under a long-standing corporate
philosophy rooted in the golden rule, with earning money for its
shareholders as the first corporate goal. This philosophy, an unwavering
commitment to the customer, and one of the strongest employee/employer
partnerships in American industry serve as the company’s foundation.
Safe Harbor Statement
The company wishes to take advantage of the Safe Harbor provisions
included in the Private Securities Litigation Reform Act of 1995 ("the
Act"). Statements by the company which are not historical information
constitute "forward looking statements" within the meaning of the Act.
All forward-looking statements are subject to risks and uncertainties
which could cause actual results to differ from those projected. Factors
that could cause actual results to differ materially include risks
described from time to time in the company's filings with the Securities
and Exchange Commission.
Source: Worthington Industries, Inc.
Worthington Industries, Inc.
Cathy M. Lyttle, 614-438-3077
VP,
Corporate Communications and Investor Relations
E-mail: cmlyttle@WorthingtonIndustries.com
or
Sonya
L. Higginbotham, 614-438-7391
Director, Corporate Communications
E-mail:
slhiggin@WorthingtonIndustries.com
or
www.worthingtonindustries.com