Bairnco Corporation Reports Dismissal of 'Transactions Lawsuit' Against Bairnco Affirmed LAKE MARY, Fla., April 12 /PRNewswire-FirstCall/ -- Bairnco Corporation today reported that late on Friday afternoon, April 9, the U.S. Court of Appeals for the Second Circuit affirmed the U.S. District Court's decisions dismissing, in its entirety, the Transactions Lawsuit against Bairnco and all the other defendants. The Court of Appeals affirmed what it described as the District Court's "thoughtful and thorough decisions" dismissing the lawsuit. A Bairnco spokesperson said that the Company was very pleased with the ruling. The NOL Lawsuit was not addressed in these rulings, and that case is still pending. Bairnco Corporation is a diversified multinational company that operates two distinct businesses -- Arlon and Kasco. Arlon's principal products include high technology materials for the printed circuit board industry, cast and calendered vinyl film systems, custom engineered laminates and pressure sensitive adhesive systems, and special silicone rubber compounds and components. Kasco's principal products include replacement band saw blades for cutting meat, fish, wood and metal, and on-site maintenance services for the retailfood industry primarily in the meat and deli departments. Kasco also distributes equipment to the food industry in Canada and France. DATASOURCE: Bairnco Corporation CONTACT: Bairnco Corporation, +1-407-875-2222 Web site: http://www.bairnco.com/

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