South Norwalk, CT January 17, 2007 – Penmar Industries has been named among the top 50 diversity-owned businesses in Connecticut by The recognition positions Penmar among the nation’s top multicultural revenue earners, which range from $1 million to $1 billion. The stringent classification includes only leading companies in major industries such as technology, manufacturing, food service and professional services.

Penmar Industries is a leader in the manufacturing industry, providing quality labels, tapes and packaging supplies. Penmar has a reputation of constantly exceeding its customer’s expectations and has established a legacy of success. The Company’s achievements are well-recognized in the national small and minority business community. Notably, the Company has also recently received the 2006 Silver and Bronze awards at the 31st International Gallery of Superb Printing. Penmar’s mark as a prize-winning team is evident in having been recognized twice by the Connecticut Minority Supplier Development Council (CMSDC) as the Supplier of the year in 1997 and 2004, and awarded the Gallery of Superb Printing awards in 1997, 2000, 2001 and 2005.

Over 500,000 businesses in the United States competed in the 7th annual survey of the Top Small Businesses conducted by The awards are based on annual gross sales and the report will be read by over 15 million people. The list is also used by major corporations and large buying organizations for finding new business partners. Penmar Industries will be honored at a special awards ceremony at’s 7th Annual Business Conference, taking place April 11th – 13th, 2007 at the Mirage in Las Vegas, Nevada.

With the beliefs that “Everybody is responsible and everybody is accountable”, and “Everyone has the same authority, and anybody can question anybody”, Penmar Industries’ President Ed Rodriguez has created an environment of creativity, loyalty and commitment of all Penmar associates to the continued success of the company. “Our associates comprise a dedicated team of professionals who promote a safe and positive work environment, build valued business relationships, and set an industry standard for quality and profitability, while being ever sensitive to the needs of customers.”

About Penmar Industries

Penmar Industries, based in South Norwalk, Connecticut is a leading provider of quality labels, tapes and packaging supplies. The Company is dedicated to helping local, regional, national and international customers by providing efficient supply chain solutions.

A legacy of exceeding customer expectations for quality products, reliable service, and providing solutions for challenging problems gives Penmar Industries its greatest sense of pride. Its commitment to excellence has earned Penmar recognition as a leading minority supplier of quality labels, tapes and packaging supplies throughout the past 42 years.

Penmar’s versatility helps its clients to achieve the highest level of customer satisfaction in the products it manufactures and delivers. The Company’s product design team develops tape, label and packaging components which meet the demands of varying manufacturing and shipping requirements. Clients who are challenged to meet a unique set of specifications, such as environment, durability, materials and cost depend on Penmar to offer a satisfactory solution.

Penmar clients are also recognized as leaders of their industries. They include Tyco International, United Technologies Corporation, Otis Elevator, Mashantucket Pequot Tribal National (Foxwoods), AT&T and Ford Motor Company. Penmar also takes pride in the leading small businesses that it serves, including such companies as Lillian August, Housatonic Meadows State Park and L’Avion, a clothing company founded by a former Norwalk pediatrician.