Ice to Stamp Orifice Panels For Liebert Brand Products

TOLEDO, Ohio – June 16, 2008 – Ice Industries, a leading metal stamping, welding and assembly company, announced today that it was awarded new business from Emerson Network Power, allowing Ice to expand its reach into the information systems market.

Ice will stamp orifice panels for Liebert brand outdoor dry coolers used for data centers, telecommunications facilities, industrial process control centers, laboratories and other sensitive electronic equipment.

The contract is valued at approximately $1 million annually.

“Ice Industries is well-positioned to serve this industry,” said Paul Bishop, President and Chief Operating Officer for Ice. “We are positioned geographically, and the information systems market is a natural for our company. We’re looking forward to a successful partnership with Emerson Network Power.”

Ice will service Emerson Network Power from its Deerfield Manufacturing plant in Mason, Ohio. The parts will be shipped to ENP facilities in Columbus and 
Ironton, Ohio.

The work with ENP is the second contract Ice has received from Emerson. Ice currently produces compressor components for Emerson Climate Technologies.

About Emerson Network Power

Emerson Network Power, a business of Emerson (NYSE:EMR), is the global leader in enabling Business-Critical Continuity™. The company is the trusted source for adaptive and reliable solutions that enable and protect its customers' business-critical technology systems. Backed by the largest global services organization in the industry, Emerson Network Power offers a full range of innovative power, precision cooling, connectivity and embedded products and services for computer, communications, healthcare and industrial systems. Key product brands within the Emerson Network Power family include Alber, ASCO , Knurr, Liebert and NetSure. For more information on the full spectrum of enterprise-wide solutions from Emerson Network Power, visit www.emersonnetworkpower.com.

About Ice Industries

Ice Industries is a metal stamping, welding and assembly company based in Sylvania, Ohio. The company operates four facilities: Deerfield Manufacturing in Mason, Ohio; Grenada Stamping and Assembly in Grenada, Mississippi; Ronfeldt Manufacturing in Toledo, Ohio; and Ice Mexico in Monterrey, Nuevo Leon, Mexico. The company works with leaders in the automotive, appliance and heat transfer/HVACR industries, among others. For more information, please visit www.iceindustries.com.