Olympic Steel, Inc. Executives to Speak at AWMI Detroit Chapter Industry Dinner


CLEVELAND, March 5, 2012 (GLOBE NEWSWIRE) -- Olympic Steel, Inc. (Nasdaq:ZEUS), a national metals service center, has announced that key members of its executive management team will speak at the Annual Industry Dinner held by the Detroit, Michigan chapter of the Association of Women in the Metals Industry (AWMI). The event is scheduled for March 22, 2012 at the Detroit Athletic Club.

Michael D. Siegal, Olympic Steel Chairman and CEO, and Dr. Donald R. McNeeley, President and CEO of Olympic Steel's Chicago Tube & Iron subsidiary, will discuss mergers and acquisitions and the current economic outlook as event keynote speakers. Chicago Tube and Iron Company was acquired by Olympic Steel in 2011.

Esther Potash, Olympic Steel's Chief Information Officer, will also speak about the company's professional development initiative for women.

Mr. Siegal became the CEO of Olympic Steel in 1984, and Chairman of the Board in 1994. He serves as a board member for a number of organizations, including University Hospitals Medical Center, Rainbow Babies and Children's Hospital Committee, Metals Service Center Institute, JFNA in Cleveland, and the Israel Development Corporation

Dr. McNeeley is a professor at Northwestern University's McCormick School of Engineering. His directorships include Olympic Steel, Inc., Saulsbury Industries in Odessa, TX, and Vail Rubber Company in St. Joseph, MI. He is also a Management Trustee of the Pipefitters Union local 529.

Ms. Potash has held the position of Chief Information Officer since 2007. She is a board member of the Great Lakes Science Center and the Cleveland Area Alzheimer's Association. As a member of the Cleveland Chapter of AWMI, she led Olympic Steel to recognition as AWMI Company of the Year in 2004 and was recognized as Member of the Year in 2005.

The event begins at 5:30 with a reception, followed by dinner and keynote remarks. Those interested in additional event information or tickets may contact Robin Wilburn at AWMI.Detroit@gmail.com.

The Association of Women in the Metal Industries is an organization of professionals, founded in California in 1981, to promote and develop the growth of women in the metal industries. More information about the organization is available on their website at https://www.awmi.com.

Founded in 1954, Olympic Steel is a leading U.S. metals service center focused on the direct sale and distribution of large volumes of processed carbon, coated and stainless flat-rolled sheet, coil and plate steel and aluminum products. The Company's CTI subsidiary is a leading distributor of steel tubing, bar, pipe, valves and fittings, and fabricates pressure parts for the electric utility industry. Headquartered in Cleveland, Ohio, Olympic Steel currently operates from 29 facilities in North America. For further information, visit the Company's web site at http://www.olysteel.com.

The Olympic Steel, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3582



            

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