Mettler-Toledo International (ticker: MTD, exchange: New York Stock Exchange (.N))
News Release -
Mettler-Toledo International Inc. Announces Appointment of Wah-Hui Chu to its Board of Directors
GREIFENSEE, Switzerland and COLUMBUS, Nov. 6 /PRNewswire-FirstCall/ --
Mettler-Toledo International Inc. (NYSE: MTD) announced today that Wah-Hui Chu
has been appointed to its Board of Directors and Audit Committee, effective
January 1, 2007.
Mr. Chu is President of PepsiCo International - China Beverages Business
Unit and Chairman of PepsiCo (China) Investment Company Limited. Before
joining PepsiCo in 1998, he held various senior management positions in
several U.S. multinational companies, including Quaker Oats, HJ Heinz,
Whirlpool and Monsanto.
Robert F. Spoerry, Chairman, President and Chief Executive Officer,
stated, "We are very pleased to have Wah join our Board and look forward to
benefiting from his extensive management experience in multinational
companies. In particular, his career has given him a deep understanding of
Asian markets, especially China. With METTLER TOLEDO's significant activities
in China, Wah's background is uniquely suited to benefit our company. We look
forward to Wah joining the Board and will benefit from his important
METTLER TOLEDO is a leading global supplier of precision instruments and
services. The Company is the world's largest manufacturer and marketer of
weighing instruments for use in laboratory, industrial and food retailing
applications. The Company also holds top-three market positions in several
related analytical instruments and is a leading provider of automated
chemistry systems used in drug and chemical compound discovery and
development. In addition, the Company is the world's largest manufacturer and
marketer of metal detection and other end-of-line inspection systems used in
production and packaging and holds a leading position in certain process
analytics applications. Additional information about METTLER TOLEDO can be
found on the World Wide Web at "www.mt.com."
Statements in this discussion which are not historical facts may be
considered "forward-looking statements" that involve risks and uncertainties.
For a discussion of these risks and uncertainties, which could cause actual
events or results to differ from those contained in the forward-looking
statements, see "Factors affecting our future operating results" in Part I,
Item A, of the Company's Annual Report on Form 10-K for the fiscal year
December 31, 2005. The Company assumes no obligation to update this press
SOURCE Mettler-Toledo International Inc.
/CONTACT: Mary T. Finnegan, Treasurer-Investor Relations of Mettler-
Toledo International Inc., +1-614-438-4748, or fax, +1-614-438-4646/
/Web site: http://www.mt.com /