Exhibit 99.1
NEWS BULLETIN
FOR FURTHER INFORMATION:
At the company:
Bruce P. Erdel
Vice President - Finance
(417) 890-0102
FOR IMMEDIATE RELEASE
FRIDAY, AUGUST 25, 2000
SPRINGFIELD, Mo., August 25, 2000 - DT Industries, Inc. (Nasdaq: DTII)
announced today that Louis Pallay, the President of Kalish Inc., the company's
wholly-owned subsidiary headquartered in Montreal, Canada, and Graham Lewis, the
company's President - Packaging Machinery Group, have been placed on
administrative leave pending the results of the investigation of an
overstatement of certain asset accounts at Kalish. Effective immediately, David
Buckley, Kalish's Vice President - Operations, will assume the day-to-day
management responsibilities at Kalish on an interim basis and Stephen J. Gore,
the company's President and Chief Executive Officer, will assume the role of
President - Packaging Machinery Group on an interim basis.
DT Industries, Inc. is a leading designer, manufacturer and integrator of
automated production systems used to assemble, test or package industrial and
consumer products. The company also produces precision metal components, tools
and dies for a broad range of industrial applications.
Certain statements included herein that are not historical statements about the
company's expectations or beliefs, are forward-looking statements. The company's
actual results for current or future periods could differ materially from the
expected results because of a variety of factors, including the results of the
investigation described herein, economic downturns in industries served, delays
or cancellations of customer orders, delays in shipping dates of products, cost
overruns on certain projects, excess product warranty expenses, collectability
of past due customer receivables, changes in interest rates, increased
inflation, currency exchange fluctuations and other factors described in the
company's filings with the U.S. Securities and Exchange Commission.
