Acme United Corporation Announces New Managing Director In Europe

Acme United Corporation (NYSE MKT: ACU) today announced that Georg Bettin has been promoted to Managing Director of Acme United Europe.

Mr. Bettin had been Director of Office Products Sales, Acme United Europe. He joined the Company in 2010, and previously worked at Smead Europe. He replaces Willi Engelsberg, age 65, who will provide transitional support and assist in marketing and sales functions.

Walter C. Johnsen, Chairman and CEO said, “I am pleased to announce the promotion of Georg Bettin. His contributions to new product introductions, customer relationships, and sales in Europe have been excellent, and we look forward to his success in his new role.”

Mr. Johnsen added that he is most appreciative of the work done by Willi Engelsberg during the past 7 years at Acme United Europe.

ACME UNITED CORPORATION is a leading worldwide supplier of innovative cutting, measuring and safety products to the school, home, office, hardware and industrial markets. Its leading brands include Westcott®, Clauss®, Camillus®, Physicians Care ® and Pac Kit®.

Forward-looking statements in this report, including without limitation, statements related to the Company’s plans, strategies, objectives, expectations, intentions and adequacy of resources, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties including, without limitation, the following: (i) the Company’s plans, strategies, objectives, expectations and intentions are subject to change at any time at the discretion of the Company; (ii) the impact of current uncertainties in global economic conditions and the ongoing financial crisis affecting the domestic and foreign banking system and financial markets, including the impact on the Company’s suppliers and customers (iii) currency fluctuations (iv) the Company’s plans and results of operations will be affected by the Company’s ability to manage its growth, (v) the Company’s ability to successfully integrate acquired business; and (vi) other risks and uncertainties indicated from time to time in the Company’s filings with the Securities and Exchange Commission.

Copyright Business Wire 2010

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