Sequa Names Officers and Sets Pace for Growth

Business Wire, Jan 25, 2007

NEW YORK -- At a regular meeting of its board of directors, Sequa Corporation (NYSE: SQAA) elevated Kenneth J. Binder to the office of executive vice president and chief financial officer and elected Leonard P. Pasculli to the position of vice president, human resources.

Binder, 54, has served as senior vice president, finance and acting chief financial officer since January 2006 when he was named to fill the post vacated by the retirement of chief financial officer, Howard Leitner. A Sequa veteran, Binder has been with the company for more than 27 years. He had previously been chief financial officer for Sequa's largest subsidiary, Chromalloy Gas Turbine Corporation, from 1995 through 2003. Binder then served as president, strategic operations of Chromalloy from 2003 to 2005 where he formulated and executed the Chromalloy's strategy for joint venture operations with, among others, Siemens and Rolls-Royce. Binder, a graduate of the University of Michigan, received an MBA from Northwestern University.

Pasculli, 51, has served the company in the legal department, specializing in environmental and regulatory compliance since 1992. He was awarded a JD from Fordham University School of Law in 1980 and an MBA from Rutgers in 2003.

In announcing the appointments, Martin Weinstein, vice chairman and chief executive officer of Sequa Corporation, noted that, "Sequa is very fortunate to have the depth of talent and experience typified by Ken Binder and Len Pasculli. We look forward to their continued contributions to the strength of Sequa as we grow the company in our core operations."

On another note, the board of directors, led by chairman Gerald Tsai Jr., set an aggressive goal to grow the company's revenues. Tsai, named chairman in January 2007 after the 2006 death of the company's longtime chairman, Norman E. Alexander, stated, "The company is primed for both organic growth and external acquisitions, and I look forward to guiding this company, which is a leader in many fields of technology, during these exciting times. The board and management team possess great qualities of leadership and cohesiveness, and we look forward to achieving our objectives."

Sequa Corporation is a diversified manufacturer with operations organized around six segments: aerospace, automotive, metal coating, specialty chemicals, industrial machinery, and other products. For additional information, visit www.sequa.com.

Note: This press release may include forward-looking statements that are subject to risks and uncertainties. A number of factors, including political, currency, regulatory and competitive and technological developments, could result in material differences between actual results and those outlined in any forward-looking statements. For additional information, see the comments included in Sequa's filings with the Securities and Exchange Commission.