PEABODY, Mass.--(BUSINESS WIRE)--Feb. 27, 2006--Beacon Roofing
Supply, Inc. (Nasdaq: BECN) ("Beacon" or the "Company") today
announced the shareholder election of Stuart A. Randle, President and
Chief Executive Officer of GI Dynamics, Inc., to its Board of
Directors. Beacon Roofing Supply is a leading distributor of roofing
materials and complementary building products with 145 branches in 30
states and in Eastern Canada.
Since 2004, Mr. Randle has served as President, CEO and Director
of GI Dynamics, a venture backed healthcare company. Previously, he
was an Entrepreneur-in-Residence for Advanced Technology Ventures, a
healthcare and IT venture capital firm. From 1998 to 2001, he was
President, CEO and a director of Act Medical, Inc. Mr. Randle also
currently serves as a director of Specialized Health Products,
International, a Nasdaq-traded company.
Mr. Randle holds a BS in mechanical engineering from Cornell
University and an MBA from the Kellogg Graduate School of Management,
Northwestern University.
"We are very pleased to welcome Stuart to our Board of Directors,"
said Robert R. Buck, Beacon's President and CEO. "His executive and
director experience, including success in growth situations and with
acquisitions, will be a valuable asset for us as we move forward with
our planned continued growth."
"I am excited about joining Beacon's Board of Directors," said
Stuart Randle. "The Company has already accomplished a great deal
since becoming a public company and I look forward to working with
them and the other Board members to continue the company's growth and
success."
Forward-Looking Statements:
This release contains information about management's view of the
Company's future expectations, plans and prospects that constitute
forward-looking statements for purposes of the safe harbor provisions
under the Private Securities Litigation Reform Act of 1995. Actual
results may differ materially from those indicated by such
forward-looking statements as a result of various important factors,
including, but not limited to, those set forth in the "Risk Factors"
section of the Company's latest Form 10-K. In addition, the
forward-looking statements included in this press release represent
the Company's views as of the date of this press release and these
views could change. However, while the Company may elect to update
these forward- looking statements at some point, the Company
specifically disclaims any obligation to do so other than as required
by federal securities laws. These forward-looking statements should
not be relied upon as representing the Company's views as of any date
subsequent to the date of this press release.
CONTACT: Beacon Roofing Supply, Inc.
Dave Grace, 978-535-7668 x14
SOURCE: Beacon Roofing Supply, Inc.