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IDEAL Promotes Nick Shkordoff to Group Vice President/General Manager of Electrical Division

Glenn Hollister to head up new Safety & Health Division

SYCAMORE, IL, September 21, 2011 – IDEAL INDUSTRIES, INC., a worldwide leader in tools and supplies for professional contractors, today announced the executive promotion of Nick Shkordoff to Group Vice President/General Manager of the Electrical Division.

Prior to today's announcement, Mr. Shkordoff was President of Anderson Power Products (APP), a subsidiary of IDEAL that designs and manufactures high power interconnects and accessories. Previously, he was President of IDEAL INDUSTRIES Canada.

In addition, Jeffrey Burkhardt, currently Vice President of Global Sales and Marketing for APP, has been appointed that company's new General Manager, succeeding Mr. Shkordoff.

Jim James, President and CEO of IDEAL commented on the announcement: “Nick's promotion is the product of the significant achievements he made at APP and IDEAL Canada, as well as the respect he has earned from his peers, distributors and customers within the industry.”

In taking on an expanded role within IDEAL, Mr. Shkordoff will be responsible for overall business strategies, product development, marketing and sales.

“I look forward to working with the IDEAL customer base and contributing to the division's continued growth and success with the support of a proven management team and a range of innovative products and programs,” said Mr. Shkordoff. “

HEALTH & SAFETY DIVISION FORMED

Mr. Shkordoff will replace Glenn Hollister as Group Vice President/General Manager of the Electrical Division. Mr. Hollister will launch a newly formed division of IDEAL that is focused on the fast-growing Health and Safety market.

A highly valued member of the IDEAL team since 1974, Mr. Hollister has served the company in a series of positions of increasing responsibilities, having held several sales and marketing positions before being appointed General Manager of the company's Canadian subsidiary and later as Vice President of Marketing at IDEAL headquarters in Sycamore, Illinois. He next assumed the role of Vice President/General Manager of the new Test & Measurement division. In 2007, Mr. Hollister became Vice President/General Manager of the Wire Termination group, best known for its Wire-Nut® line of twist-on wire connectors. In 2009 he was promoted to Group Vice President/General Manager of the Electrical Division.

About IDEAL INDUSTRIES, INC.

IDEAL INDUSTRIES, INC. has been serving the electrical industry since 1916. IDEAL is one of the world's leading manufacturers of professional quality tools and supplies serving installation professionals in the construction, maintenance, data communications and original equipment manufacturing industries.

Editorial Contacts:

Dan O’Connell
O’Connell Communications, Inc.
708-482-0212
dan@oconnellpr.com

Liz Koley
IDEAL INDUSTRIES, INC.
800-435-0705
liz.koley@idealindustries.com

©2011 IDEAL INDUSTRIES, INC. All rights reserved. All products and names mentioned are the property of their respective owners. While IDEAL has made every effort at the time of publication to ensure the accuracy of the information provided herein, product specifications, configurations, prices, system/component/options availability are all subject to change without notice.

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