News Releases

Mark IV Appoints New Executive

Amherst, New York, May 30,1997, -- Mark IV Industries, Inc. (NYSE: IV) announced today that Richard F. Bing has been appointed Vice President of Mark IV Industries, Inc.

Mr. Bing, 50, joined the company's Dayco Products unit in 1976 as a Production Supervisor. After serving in various positions with the company, including Plant Manager, Director of Manufacturing, and Vice President - Materials Management and Logistics, in July 1994, Mr. Bing was promoted to Vice President and General Manager of the Dayco Industrial Business Unit. In June 1996, he became President of the Dayco Industrial Division. Mr. Bing will continue to serve in his current position, in addition to becoming an officer of Mark IV.

Mr. Bing is a 1969 graduate of Rutgers University in New Brunswick, New Jersey, with a B.S. degree in Physical Science. He also is Certified in Production and Inventory Management (CPIM) by the American Production and Inventory Control Society.

Sal H. Alfiero, chairman and chief executive officer of Mark IV, said, "Our leadership position in the industrial market is due, in large part, to the strength of our Dayco Industrial Division, the largest operation in Mark IV's industrial business segment. Bruce A. McNiel, President of Mark IV Industrial and Senior Vice President of Mark IV, together with Rich Bing, have been instrumental in enabling Mark IV to grow its global industrial business. We are very pleased to have Rich expand his role in the company by joining the Mark IV corporate management team."

Mark IV Industries, Inc., is a $2.1 billion global manufacturing company headquartered in the Buffalo suburb of Amherst, New York, employing 15,000 people worldwide. The company's core technologies include power transmission, fluid transfer and filtration systems and components for global industrial and automotive markets. For more information on Mark IV, visit the company's web site at

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