R.W. Pressprich & Co. initiates analyst coverage on Xerium

“We are pleased that the investor community is becoming more interested in Xerium. The company is in the beginning stages of a multi-year improvement plan, its markets are stable, and we are pursuing logical avenues for new top-line growth,” said Harold Bevis, Xerium's President and CEO.

“Our results speak for themselves and are a testament to both the strength of the business and the strength of the team at Xerium.”

Any opinions, estimates or forecasts regarding Xerium's performance made by these analysts are theirs alone and do not represent the opinions, forecasts or predictions of Xerium or its management. Xerium does not imply its endorsement of or concurrence with such information, conclusions or recommendations.

About Xerium Technologies

Xerium Technologies, Inc. is a leading global provider of industrial consumable products and services. Xerium utilizes a broad portfolio of patented and proprietary technologies to provide customers with tailored solutions and products integral to production, all designed to optimize performance and reduce operational costs. Xerium has 28 manufacturing facilities in 12 countries around the world and employs approximately 3,200 employees.

Xerium