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Bringing practical business and technical intelligence to today's structured cabling professionals.

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on:

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Engine Capital Contends That Dye & Durham’s Reactionary Sale Process Underscores the Urgent Need for Boardroom Change

Engine Capital LP (together with its affiliates, "Engine" or "we"), which owns approximately 7.1% of Dye & Durham Limited’s (TSX: DND) ("Dye & Durham" or the "Company") outstanding shares, today issued the below statement regarding Dye & Durham’s confirmation that it is exploring a sale of the Company.

“Dye & Durham is a high-quality business that is currently underearning due to CEO Matthew Proud’s mismanagement, an ineffective Board and a drop in real estate transactions. While peers trade at above 18x EBITDA, the Company’s stock hovers around 8.5x EBITDA. The Board appears to have now authorized a reactionary sale process at the worst possible time and doubled down on its missteps. Instead of working to improve the business, waiting for the cycle to normalize and delivering the best outcome for shareholders, the Board seems more focused on evading accountability at the December 17th Annual Meeting.

Since we suspect Mr. Proud will roll his equity in any transaction, a sale of Dye & Durham would essentially allow him to buy the business at the bottom of the cycle for a price that would most likely substantially undervalue the Company. It would be egregious for the same directors who have allowed Mr. Proud to destroy significant value to enable him to take advantage of the undervaluation he has caused by buying the Company at a low price. Directors are supposed to protect shareholders’ interests and maximize value – not sell the Company on the cheap in a defensive maneuver, weeks before a shareholder meeting. Engine believes that over 50% of Dye & Durham’s shareholder base shares the view that now is not the right time to engage in a sale process.

Shareholders deserve better. We deserve a world-class Board and management team led by a CEO who has a demonstrated track record of value creation and whose interests are aligned with ours. Engine looks forward to unveiling our director candidates for the Company in short order, along with our operating plan, and providing shareholders the choice to vote for a better Dye & Durham.”

No Solicitation

This press release does not constitute a solicitation of a proxy within the meaning of applicable laws, and accordingly, DND shareholders are not being asked to give, withhold or revoke a proxy.

About Engine Capital

Engine Capital LP is a value-oriented special situations fund that invests both actively and passively in companies undergoing change.

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