Newtyn Management Files Preliminary Proxy Materials For The Election Of A Highly Qualified Director Candidate At CSW Industrials' Upcoming 2016 Annual Meeting

Yevgeny Neginsky has served as the portfolio manager and Managing Member of Springdale Capital, LLC ("Springdale") since 2009. Prior to founding Springdale, Yevgeny was an investment analyst at Tyndall Management, LLC. Previously, Mr. Neginsky worked at Horsley Bridge Partners where he was part of the investment team overseeing investments in venture capital and private equity funds. Mr. Neginsky received his MBA from The Tuck School of Business at Dartmouth and a Bachelor of Arts, Summa Cum Laude, from Dartmouth College.

We urge stockholders not to return the Company's proxy card or voting instruction form and not to allow CSWI to take their vote over the telephone. If any stockholders have already voted the Company's proxy card or voting instruction form or had their vote recorded over the telephone, returning a later dated WHITE proxy card or WHITE voting instruction form will revoke your previously cast vote.

Who Should Stockholders Contact for More Information?

Newtyn's proxy solicitor is Okapi Partners.  If you have any questions or need further assistance, please contact Okapi Partners at the phone numbers or email listed below:

OKAPI PARTNERS LLC
1212 Avenue of the Americas, 24th Floor
New York, NY 10036
(212) 297-0720
Stockholders Call Toll-Free at: (877) 259-6290

Please wait until you receive Newtyn's proxy materials and WHITE proxy card before you cast your vote in connection with the 2016 Annual Meeting.

IMPORTANT

If your shares are held in street name only, your bank or broker can vote your shares only upon receipt of your specific instructions. Please contact the person responsible for your account and instruct them NOT to vote at this time.

If you have any questions or need further assistance, please contact Okapi Partners at 1-877-259-6290.

About Newtyn Management LLC

Newtyn Management LLC is an investment adviser based in New York. Newtyn employs a long-term value-oriented strategy to seek favorable risk-adjusted returns for its investors.

CONTACT:

Nazim Ally
Newtyn Management, LLC 
(212) 446-2465

Bruce Goldfarb / Patrick McHugh
Okapi Partners LLC
(212) 297-0720

CERTAIN INFORMATION CONCERNING THE PARTICIPANTS

Newtyn Management, LLC together with the other participants named herein (collectively, "Newtyn"), has filed a preliminary proxy statement and an accompanying WHITE proxy card with the Securities and Exchange Commission (the "SEC") to be used to solicit votes for the election of its nominee at the 2016 Annual Meeting of Stockholders of CSW Industrials, Inc., a Delaware corporation (the "Company").

The participants in the proxy solicitation are: Newtyn Partners, LP ("NP"), Newtyn TE Partners, LP ("NTE"), Newtyn Management, LLC ("NM"), Newtyn Capital Partners, LP ("NCP"), Ledo Capital, LLC ("Ledo"), Noah Levy, Springdale and Yevgeny Neginsky.

NEWTYN STRONGLY ADVISES ALL STOCKHOLDERS OF THE COMPANY TO READ THE DEFINITIVE PROXY STATEMENT WHEN IT IS AVAILABLE BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION, INCLUDING INFORMATION RELATING TO THE PARTICIPANTS IN THE PROXY SOLICITATION.  SUCH DEFINITIVE PROXY STATEMENT, WHEN FILED, AND ANY OTHER RELEVANT DOCUMENTS WILL BE AVAILABLE AT NO CHARGE ON THE SEC'S WEB SITE AT HTTP://WWW.SEC.GOV.  IN ADDITION, STOCKHOLDERS MAY ALSO OBTAIN A COPY OF THE DEFINITIVE PROXY STATEMENT, WHEN FILED, WITHOUT CHARGE, BY CONTACTING NEWTYN'S PROXY SOLICITOR, OKAPI PARTNERS LLC, AT ITS TOLL-FREE NUMBER: (877) 259-6290.

As of the date hereof, NP beneficially owned 873,800 shares of common stock, par value $0.01 per share (the "Common Stock"). As of the date hereof, NTE beneficially owned 411,200 shares of Common Stock. NM, as the investment manager to each of NP and NTE, may be deemed the beneficial owner of the 1,285,000 shares of Common Stock beneficially owned by each of NP and NTE. NCP as the general partner to each of NP and NTE, may be deemed the beneficial owner of the 1,285,000 shares of Common Stock beneficially owned by each of NP and NTE. Ledo, as the general partner to NCP, may be deemed the beneficial owner of the 1,285,000 shares of Common Stock beneficially owned by each of NP and NTE. Mr. Levy, as managing member to NM, may be deemed the beneficial owner of the 1,285,000 shares of Common Stock beneficially owned by each of NP and NTE. As of the date hereof, Mr. Levy also beneficially owned 609 shares of Common Stock. As of the date hereof, Springdale may be deemed the beneficial owner of the 109,256 shares of Common Stock held in the accounts that are managed by Springdale (the "Accounts"). As the managing member to Springdale, Mr. Neginsky may be deemed to beneficially own the 109,256 shares of Common Stock held in the Accounts. As of the date hereof, Mr. Neginsky also beneficially owned 2,415 shares of Common Stock.

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SOURCE Newtyn Management LLC