BRC Brady Corp

MILWAUKEE, June 5 /PRNewswire-FirstCall/ -- Brady Corporation (NYSE:BRC) today announced its intention to sell 4,000,000 shares of Class A Common Stock in an underwritten public offering. This offering is subject to market and other conditions, and is being made pursuant to a shelf registration statement that became effective in November 2005. The underwriters are expected to have an option to purchase up to an additional 600,000 shares of Class A Common Stock to cover over-allotments. Underwriters marketing the offering include sole bookrunning manager Robert W. Baird & Co., Inc.; co-lead managers Credit Suisse and Wachovia Securities; and co-manager Harris Nesbitt Corp. Brady intends to use the net proceeds from the offering to repay amounts under its revolving credit facility and for general corporate purposes, including potential future acquisitions. This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities. The offering is being made only by means of a prospectus supplement, a copy of which may be obtained from the offices of Robert W. Baird & Co., Inc., 777 East Wisconsin Avenue, 28th Floor, Milwaukee, Wisconsin 53202-5391. An electronic copy of the prospectus supplement will be available on the Securities and Exchange Commission's website at http://www.sec.gov/ . Brady Corporation is a leading global manufacturer and marketer of identification solutions and specialty products that identify and protect premises, products and people. Its products include high-performance labels and signs, safety devices, printing systems and software, and precision die- cut materials. Brady believes that certain statements in this news release are "forward- looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements related to future, not past, events included in this news release, including, without limitation, statements regarding Brady's future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations are forward-looking statements. When used in this news release, words such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe," "should," "project" or "plan" or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements by their nature address matters that are, to different degrees, uncertain and are subject to risks, assumptions and other factors, some of which are beyond Brady's control, that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. For Brady, uncertainties arise from the potential upsizing or downsizing and price parameters of the proposed public offering; unanticipated issues associated with the proposed public offering or the terms thereof; future financial performance of major markets Brady serves, which include, without limitation, telecommunications, manufacturing, electrical, construction, laboratory, education, governmental, public utility, computer, transportation; difficulties in making and integrating acquisitions; risks associated with newly acquired businesses; Brady's ability to retain significant contracts and customers; future competition; Brady's ability to develop and successfully market new products; changes in the supply of, or price for, parts and components; increased price pressure from suppliers and customers; interruptions to sources of supply; environmental, health and safety compliance costs and liabilities; Brady's ability to realize cost savings from operating initiatives; Brady's ability to attract and retain key talent; difficulties associated with exports; risks associated with international operations; fluctuations in currency rates versus the US dollar; technology changes; potential write-offs of Brady's substantial intangible assets; risks associated with obtaining governmental approvals and maintaining regulatory compliance for new and existing products; business interruptions due to implementing business systems; and numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive and regulatory nature contained from time to time in Brady's U.S. Securities and Exchange Commission filings, including, but not limited to, those factors listed in the "Risk Factors" section located in Item 1A of Part II of Brady's Quarterly Report on Form 10-Q for the period ended April 30, 2006. These uncertainties may cause Brady's actual future results to be materially different than those expressed in its forward-looking statements. Brady does not undertake to update its forward-looking statements. DATASOURCE: Brady Corporation CONTACT: Barbara Bolens of Brady Corporation, +1-414-438-6940 Web site: http://www.bradycorp.com/ Company News On-Call: http://www.prnewswire.com/comp/952350.html

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