Quanex Corporation was represented in the litigation by its General Counsel, Kevin Delaney (now General Counsel of Quanex Building Products), and by Gerard G. Pecht at Fulbright & Jaworski L.L.P. Gerdau was represented by David Elbaum at Simpson Thacher & Bartlett L.L.P.

Statements that use the words "expect," "should," "believe," "will," "might," or similar words reflecting future expectations or beliefs are forward-looking statements. The statements found above are based on current expectations. Actual results or events may differ materially from this release. Factors that could impact future results may include, without limitation, the effect of both domestic and global economic conditions, the impact of competitive products and pricing, and the availability and cost of raw materials. For a more complete discussion of factors that may affect the Company's future performance, please refer to the Company's Registration Statement on Form 10, filed with the SEC on April 4, 2008 pursuant to the Securities Exchange Act of 1934, in particular the section titled, "Special Note About Forward-Looking Statements" contained therein.

For additional information, visit the Company's website at www.quanex.com.

The Quanex Building Products Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=1117

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Quanex Building Products Corporation

Quanex Building Products Corporation
          Financial Contact:
          Jeff Galow
            713/877-5327
          Media Contact:
          Valerie Calvert
            713/877-5305

Expected next investor conference call information:
Conference Call Date: 8/28/2008
Conference Call Time: 3:00 PM
Conference Call URL: http://www.irconnect.com/primecast/08/quanex_f3q2008.html

Expected next dividend:
Dividend Announcement Date: 5/29/2008
Dividend Record Date: 6/16/2008
Dividend Pay Date: 6/30/2008
Dividend Amount: 0.03

Expected next investor conference call information:
Conference Call Date: 8/28/2008
Conference Call Time: 3:00 PM
Conference Call URL: http://www.irconnect.com/primecast/08/quanex_f3q2008.html

Expected next dividend:
Dividend Announcement Date: 5/29/2008
Dividend Record Date: 6/16/2008
Dividend Pay Date: 6/30/2008
Dividend Amount: 0.03

Flaum also currently serves as a director and member of the executive committee of the National Association of Manufacturers and as a member of the advisory board of Z Capital Partners LLC. Flaum was a director of Ryerson Tull Inc. from 2004 to 2007, and a director of Quanex Corp. from 1997 to 2007.

Stephenson is the president and chief executive officer of Faith Technologies Inc., a nationwide electrical contractor, and has extensive experience in all phases of the electrical construction industry. Faith Technologies has grown to be one of the largest privately held electrical contractors in the United States since Stephenson started the company in 1972.

Stephenson has earned numerous awards for high ethical standards, business, safety, and excellence. Stephenson serves on the senior advisory board of Junior Achievement, is the advisory board and capital campaign chairman for the Salvation Army, and on the board of directors for the Community Foundation, UW Family Practice Residency and Fox Valley Technical College Foundation.

"Both Russ and Rollie bring strong leadership skills and valuable perspectives to the board and we are excited to work with them to continue strengthening the company," Orion President and CEO Neal Verfuerth said. "They join us with a wealth of business experience that will benefit Orion."

Flaum was elected by an overwhelming majority of shareholder votes at Orion's 2008 Shareholder Meeting held on September 10, 2008. Flaum replaces Diana Propper de Callejon, a director since January 2007 who retired from Orion's board on September 10. Stephenson is replacing Eckhart G. Grohmann, a director since 2004, who also retired from Orion's board on September 10. It is anticipated that Stephenson will be presented for election at Orion's 2009 annual meeting of shareholders.

"We thank and appreciate all the hard work Eckhart and Diana did while serving on Orion's board of directors," Board Chairman Tom Quadracci said. "We look forward to working closely with Rollie and Russ, whom we're confident will do a great job."

Orion has deployed its energy management systems in 3,762 facilities across North America. Since 2001, Orion technology has displaced more than 357 megawatts, saving customers more than $401 million and reducing indirect carbon dioxide emissions by 3.6 million tons.

About Orion Energy Systems Inc.

Orion Energy Systems Inc. (Nasdaq:OESX) is a leading power technology enterprise that designs, manufactures and implements energy management systems, consisting primarily of high-performance, energy-efficient lighting systems, controls and related services for commercial and industrial customers without compromising their quantity or quality of light. For more information, visit www.oriones.com.

The Orion Energy Systems, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4540

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Orion Energy Systems, Inc.

Orion Energy Systems, Inc.
          Media Contact:
          Linda Diedrich, Director Corporate Communications
            (920) 482-1988
            ljd@oes1.com
          Investor Relations Contact:
          Erik Birkerts, Chief Operating Officer
            (290) 482-1924
            ebirkerts@oriones.com