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Press Release-2009-6-12

For Immediate Release
June 12, 2009

Richmond, VA – Hoover & Strong, Inc., a refiner and manufacturer of precious metal jewelry, announces its merger with Keystone Findings, Inc., a manufacturer of die-struck and cast settings, solitaire wedding bands and earrings of Telford, Pennsylvania. The merger will broaden Hoover & Strong’s product offering to jewelers.

"We are very excited to announce this union between two great companies," says Hoover & Strong President, Torry Hoover. "We are committed to upholding the high level of service and quality that our customers have come to rely on from both Hoover & Strong and Keystone Findings. Our goal is to execute a seamless transition during this merger."

Keystone Findings’ Pennsylvania plant is to be fully transported to Hoover & Strong’s Richmond, Virginia facility within the coming weeks, while order fulfillment and customer service for both companies remain fully operational. Hoover & Strong plans to merge product inventory and relocate staff over the course of the summer of 2009, followed by the introduction of a new product catalog at the beginning of 2010.

For more information, please contact: info@hooverandstrong.com

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