StoneMor Inc (STON)

[peewee]

StoneMor Partners L.P. Named One of America's 100 Fastest Growing Small Public Companies by Fortune Small Business


LEVITTOWN, Pa., Jul 29, 2009 (GlobeNewswire via COMTEX News Network) -- StoneMor Partners L.P. (Nasdaq:STON) announced today that it has been named to the "FSB 100" list of "America's Top Small Businesses" by Fortune Small Business magazine. The complete list appears in the July/August 2009 issue of Fortune Small Business magazine or online access is available at http://money.cnn.com/magazines/fsb/fsb100/2009/full_list/

"We are delighted that StoneMor has been recognized as one of the Fortune Small Business 100 fastest growing small public companies," said Lawrence Miller, president and chief executive officer. "Companies that made the list were recognized for their three year annualized rates of revenue growth, EPS growth and total return to shareholders. To be among the top companies in these criteria is a strong validation of our business strategy and a credit to our employees who have worked so hard to execute it. Having done so during a very tumultuous economic environment is particularly gratifying," added Miller.

To qualify for the "FSB 100" list, companies must be a U.S. domiciled firm with annual revenues of less than $200 million and a stock price of more than $1. The small-cap companies were ranked based on revenue growth and stock performance over the past three years. StoneMor Partners L.P. is ranked 54th on the FSB 100.

About StoneMor Partners L.P.

StoneMor Partners L.P., headquartered in Levittown, Pennsylvania, is an owner and operator of cemeteries and funeral homes in the United States, with 235 cemeteries and 59 funeral homes in 27 states and Puerto Rico. StoneMor is the only publicly traded deathcare company structured as a partnership. StoneMor's cemetery products and services, which are sold on both a pre-need (before death) and at-need (at death) basis, include: burial lots, lawn and mausoleum crypts, burial vaults, caskets, memorials, and all services which provide for the installation of this merchandise.

For additional information about StoneMor Partners L.P., please visit StoneMor's website, and the Investor Relations section, at http://www.stonemor.com.

Forward-Looking Statements

Certain statements contained in this press release, including, but not limited to, information regarding the status and progress of the company's operating activities, the plans and objectives of the company's management, assumptions regarding the company's future performance and plans, and any financial guidance provided, as well as certain information in other filings with the SEC and elsewhere, are forward-looking statements within the meaning of Section 27A(i) of the Securities Act of 1933 and Section 21E(i) of the Securities Exchange Act of 1934. The words "believe," "may," "will," "estimate," "continues," "anticipate," "intend," "project," "expect," "predict," and similar expressions identify these forward-looking statements. These forward-looking statements are made subject to certain risks and uncertainties that could cause actual results to differ materially from those stated, including, but not limited to, the following: uncertainties associated with future revenue and revenue growth; the impact of the company's significant leverage on its operating plans; the ability of the company to service its debt; the company's ability to repay or refinance its Series A notes due on September 20, 2009; the decline in the fair value of certain equity and debt securities held in the company's trusts; the company's ability to attract, train and retain an adequate number of sales people; uncertainties associated with the volume and timing of pre-need sales of cemetery services and products; the effect of the current economic downturn; variances in death rates; variances in the use of cremation; changes in political or regulatory environments, including potential changes in tax accounting and trusting policies; the company's ability to successfully implement a strategic plan relating to producing operating improvement, strong cash flows and further deleveraging; uncertainties associated with the integration or the anticipated benefits of the our recent acquisitions; and various other uncertainties associated with the deathcare industry and the company's operations in particular.

When considering forward-looking statements, you should keep in mind the risk factors and other cautionary statements set forth in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q filed with the SEC. We assume no obligation to update or revise any forward-looking statements made herein or any other forward-looking statements made by us, whether as a result of new information, future events, or otherwise.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: StoneMor Partners L.P.

StoneMor Partners L.P.
Tim Yost, Vice President of Financial Reporting and
Investor Relations
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