Harmon Industries Named to Forbes List

Blue Springs, MO -- Harmon Industries, Inc., a leading supplier of signal and train control products to freight and transit systems throughout North America and the world, was recently named one of the 200 best small companies in America by Forbes magazine, and was the only company named from the rail-supply industry.

The criteria for placement on this list are its five-year return on equity, five-year average sales growth, a five-year growth in earnings per share and total sales of less than $350 million.

"We are extremely proud to have been named to this prestigious list," said Björn Olsson, president and chief executive officer of Harmon Industries. "Our continued focus on providing customers with leading-edge technology and excellent customer service has allowed Harmon to grow. This growth has enabled us to better service our customers at a time when much of the rail-supply industry is experiencing difficult times, and to provide value to our investors at a time when the market is highly competitive."

Harmon Industries, Inc., is traded on the NASDAQ National Market System under the symbol "HRMN." For further information, please contact Charles M. Foudree, executive vice president - finance and chief financial officer, Harmon Industries, Inc., 1300 Jefferson Court, Blue Springs, MO 64015. The telephone number is (816) 229-3345.

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