SMEAD HONORED WITH HERITAGE AWARD

Coveted award is S.P. Richards’s highest supplier honor

SMEAD HONORED WITH HERITAGE AWARD

HASTINGS, Minn. (April 9, 2010) — Smead®, a leading provider of filing and organizational products, announced today they have received the prestigious Heritage Award from office products wholesaler S. P. Richards Company. The award was presented during the S.P. Richards Vendor Summit held March 30 in Orlando, Florida.

Rick Toppin, President and Chief Operating Officer of S.P. Richards presented the award to Sharon Avent, President and CEO of Smead. "It’s my pleasure to present this year’s S.P. Richards Heritage Award to a company with a rich history as a global leader in the office products industry," said Toppin. "This remarkable history of Smead resulted in the growth of a woman-owned company that has become well-known for its high quality, environmentally responsible products and innovative organizational systems."

According to Steve Lynn, Sr. Vice President of Merchandising at S.P. Richards, "We began the S. P. Richards Heritage Award several years ago because we wanted a way to honor those of our suppliers that share many of the values and traditions that are so important to S. P. Richards Company. The decision surrounding our Heritage Award is always a very difficult one, with a great deal of thought and discussion being applied. As we have for the past several years, we’ve chosen a most deserving industry partner. The Heritage Award was presented in recognition of Smead’s history of commitment and service to the Office Products Industry and to their community; their fairness in their approach to customers, suppliers and employees; the long-term relationship between their company and ours, at all levels of the organization; a commitment to quality and innovation in the products they manufacture and market; integrity in all their business dealings; and a strong commitment to profitable sales growth in our company as well as their own."

When accepting the award, Avent remarked, "Our customers, vendors, and consumers use words like honesty, integrity, service, and quality when the Smead name or products are mentioned. We have nurtured a company culture of genuine friendliness, mutual support, and stellar service. I believe these are a result of the influence of 50 years of women ownership, and I believe that no matter what we produce or sell - as long as we stay true to these qualities and carry on that culture - Smead will survive for many years to come."

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Smead Manufacturing Company, a leader in office filing products and records management systems, was established in 1906 in Hastings, Minnesota. Smead is a privately held, certified Women’s Business Enterprise (WBE) offering thousands of organizational products for use in the home or office. For more information on Smead’s high-quality organizational products, including hundreds of environmentally friendly products made from Sustainable Forestry Initiative (SFI)-certified materials, visit www.smead.com. To find your personal organizing style, visit Smead Organomics at www.smead.com/MyOrganomics.