Exhibit
99.1
May
10,
2006 Steven
F.
Nicola
Chief
Financial Officer, Secretary &
Treasurer
412:442-8262
MATTHEWS
INTERNATIONAL
ANNOUNCES
NEW DIRECTOR
PITTSBURGH,
PA, May 10, 2006 -- Matthews International Corporation (NASDAQ NNM: MATW)
announced today that Robert G. Neubert, a retired partner of Ernst & Young,
LLP, was elected to the Matthews Board of Directors.
As
a
partner, Mr. Neubert had extensive involvement with senior management, boards
of
directors (including Audit Committees) and industry organizations representing
manufacturers. He has advised organizations on a wide range of strategic,
operational and governance matters.
Mr.
Neubert was also the U.S. representative to the International Federation of
Accountants (“IFAC”) and a member of their governing board. IFAC is responsible
for establishing auditing standards applied internationally.
Mr.
Neubert is a graduate of Pennsylvania State University and Harvard Business
School.
Matthews
International Corporation, headquartered in Pittsburgh, Pennsylvania, is a
designer, manufacturer and marketer principally of memorialization products
and
brand solutions. Memorialization products consist primarily of bronze memorials
and memorialization products, caskets and cremation equipment for the cemetery
and funeral home industries. Brand solutions include graphics imaging products
and services, merchandising solutions, and marking products. The Company’s
products and services include cast bronze memorials and other memorialization
products; caskets; cast and etched architectural products; cremation equipment
and cremation-related products; mausoleums; printing plates, pre-press services,
and imaging systems for the corrugated and primary packaging industries; marking
equipment and consumables for identifying various consumer and industrial
products, components and containers; and merchandising display systems and
marketing and design services.