Kanders Group Files Investor Presentation Related to Federal Signal Corporation Annual Meeting

Long-term Investors and Holders of 2.9% of Federal Signal`s Common Stock Urge
Stockholders to Vote FOR the Kanders Group Nominees on the GOLD Proxy Card Today
STAMFORD, Conn.--(Business Wire)--
Warren Kanders, Steven R. Gerbsman and Nicholas Sokolow (together the "Kanders
Group"), announced that they have filed with the Securities and Exchange
Commission supplemental proxy materials in connection with Federal Signal
Corporation`s (NYSE: FSS) 2009 Annual Meeting of Stockholders.

The Kanders Group filed an investor presentation in which it presented its
credentials and the experience of its highly-qualified, independent nominees.
They further detailed their position related to what they believed to be the
continuing failure of the Board of Directors of Federal Signal to provide
effective strategic guidance and oversight to management of the Company, and
outlined the reasons they believe the Kanders Group nominees are better
qualified to assist Federal Signal in achieving its potential. A copy of the
Kanders Group`s presentation can be accessed at the Kanders Group website,
www.readmaterial.com/kandersgroup, or at the website of the Securities and
Exchange Commission, www.sec.gov.

Federal Signal stockholders of record as of the close of business on March 3,
2009 will be entitled to attend and vote at the April 29, 2009 Annual Meeting.

IMPORTANT

The Kanders Group urges you NOT to sign any white proxy card sent to you by
Federal Signal. If you have already done so, you have every legal right to
change your vote by using the GOLD proxy card to vote TODAY--by telephone, by
Internet, or by signing, dating and returning the GOLD proxy card.

If you have any questions, require assistance with voting for the Kanders Group
nominees,
or need additional copies of the proxy material including a Gold proxy card,
please contact:

MacKenzie Partners, Inc.
105 Madison Avenue
New York, NY 10016

proxy@mackenziepartners.com

(212) 929-5500 (call collect)
Or
TOLL-FREE (800) 322-2885

Important Information

The Kanders Group has filed with the Securities and Exchange Commission ("SEC")
a Definitive Proxy Statement, in connection with the solicitation of proxies for
the 2009 Annual Meeting of Stockholders. The Kanders Group advises Federal
Signal`s stockholders to read its Definitive Proxy Statement, because it
contains important information. Stockholders may obtain a free copy of the
Kanders Group`s Definitive Proxy Statement and other documents which it has
filed with the SEC at the SEC's website at www.sec.gov; at the Kanders Group
website at www.readmaterial.com/kandersgroup; or for free from MacKenzie
Partners by calling toll-free: (800) 322-2885.

Warren B. Kanders, 1-203-552-9600
wbkanders@Bloomberg.net

Copyright Business Wire 2009