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Message #14
From: Stock News Bot
Date: October 24, 2006 02:43:00 PM

MIDD News Michael Valentino Named President of Middleby Worldwide

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ:MIDD) has named Michael Valentino President of Middleby Worldwide effective immediately.

In his new role, Michael will be responsible for all international sales and distribution activities for Middleby brand commercial cooking equipment. These brands include Middleby Marshall, Southbend, Blodgett, Pitco, MagiKitch’n, Nu-Vu and Toastmaster. He will continue to build upon Middleby’s current international sales infrastructure to increase sales and brand awareness around the world. He will report directly to company Chairman and Chief Executive Officer Selim A. Bassoul.

“Michael brings a wealth of experience in working with restaurant chains and global trends,” said Bassoul. “The global commercial foodservice market is growing at double the rate of the domestic market, which is driven by U.S. and regional chains. Michael will be the driving force in enhancing our infrastructure and penetrating emerging markets around the world.”

Most recently Michael was Vice President of Sales and Marketing and Business Manager for Prince Castle, Inc. a foodservice equipment manufacturer. He holds a Bachelor of Science Degree in Marketing and Finance from Syracuse University.

The Middleby Corporation is a global leader in the foodservice equipment industry. The company develops, manufactures, markets and services a broad line of equipment used for cooking and food preparation in commercial and institutional kitchens and restaurants throughout the world. The company’s leading equipment brands include Alkar®, Blodgett®, Blodgett Combi®, Blodgett Range®, CTX®, Houno®, MagiKitch’n®, Middleby Marshall®, Nu-Vu®, Pitco Frialator®, RapidPak®, Southbend®, and Toastmaster®. Middleby’s international subsidiary, Middleby Worldwide, is a leading exporter and distributor of foodservice equipment in the global marketplace. Middleby’s international manufacturing subsidiary, Middleby Philippines Corporation, is a leading supplier of specialty equipment in the Asian markets. For further information about Middleby, visit www.middleby.com.

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