Newpark Resources exploring strategic alternatives for Fluids Systems division; retains Lazard

NPK International Inc.

Company initiated process to explore strategic alternatives for its Fluids Systems division.
Retained Lazard as exclusive financial advisor to assist with the strategic review.
No assurance that any transaction will occur; progress not disclosed until board approval or deemed required.
Industrial Solutions business cited for strong growth and high returns with double-digit annual growth rate outlook.
Fluids Systems positioned to capitalize on oil and gas upcycle; separation could unlock shareholder value.

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