The Schwan Food Company and the City of Marshall Announce Arena Name

Red Baron™ Arena and Expo Expected to Open May 2016

MARSHALL, Minn.–(BUSINESS WIRE)–The
City of Marshall
and the Southwest
Minnesota Amateur Sports Commission
announced today that the arena
and exposition center that will be a cornerstone facility of the
Marshall Amateur Regional Sports Hub (MARSH) and The Schwan Regional
Amateur Sports Center will be named the Red Baron™ Arena & Expo.

Red
Baron®
pizza is a nationally recognized brand that’s made and
marketed by subsidiaries of The
Schwan Food Company
, longtime supporters of sports events and
facilities — particularity hockey venues — in Minnesota. Additionally, The
Schwan Food Company
, which was founded in Marshall in 1952, has been
a strong supporter of the local community through charitable giving and
youth athletics funding and promotion.

“Our heritage is rooted in Marshall, Minnesota, so it’s an honor for us
to have our iconic Red
Baron
® pizza brand associated with this outstanding arena. It
has been inspiring to see the community rally together and show its
commitment to youth athletics by bringing this facility to life,” said
Dimitrios Smyrnios, CEO of The
Schwan Food Company
. “We are extremely excited about this
partnership and look forward to working with the City of Marshall and
the Southwest
Minnesota Amateur Sports Commission
to help make Marshall a
destination for youth sports enthusiasts throughout the Upper Midwest.”

The Schwan Food Company donated more than 29 acres of property to the
City of Marshall to support the MARSH facilities and infrastructure. The
company also sold approximately 14 acres of land to the City of Marshall
at a discounted market rate for the development of four softball and
youth baseball fields within the Hub.

The Red Baron™ Arena & Expo, which will feature two sheets
of ice and an exposition center, is under construction and expected to
be completed by May 2016. The facility is the centerpiece of The Schwan
Regional Amateur Sports Center and will be a part of the MARSH, which
will include more than three dozen city, school and college sporting
facilities in Marshall.

“Marshall is the premiere destination for amateur sports and events in
the region and adding a nationally-recognized brand like Red Baron®
to our new arena and expo further bolsters our reputation,” said Darin
Rahm, Director of Marshall Convention & Visitors Bureau. “With partners
such as The Schwan Food Company, we are working hard to attract even
more attention to what Marshall has to offer in a way that benefits our
residents, businesses and municipal future.”

A marketing campaign for the MARSH, which includes the new Red Baron™
Arena & Expo Center, will be launched this fall to target event
organizers, sports associations and trade associations with an
invitation to come experience Marshall for their next event.

“We are serious about securing more events in the Marshall area and this
coordinated effort that maximizes and utilizes multiple facilities will
provide event organizers and sports associations a one-stop location for
events,” said Rahm. “The new MARSH name and logo helps bring this effort
together in an exciting, highly marketable way.”

“We are always looking for new ways to maintain momentum for this
exceptional city,” said Robert Byrnes, Mayor of Marshall. “Amateur
sporting events is an area we have a long history of excelling in and
now we’re looking to brag about it a little.”

About The Schwan Food Company
The Schwan Food Company is a
privately held, multibillion-dollar business that manufactures and
markets fine frozen foods through home delivery, retail grocery and food
service channels. Among the many popular brands are Red Baron®,
Tony’s®, Bon Appétit™ and Freschetta® pizzas, Mrs.
Smith’s
® and Edwards® desserts
and Schwan’s® fine frozen foods. Headquartered in
Marshall, Minnesota, for more than 60 years, the company’s
subsidiaries employ nearly 14,000 people across the United States. To
learn more about the company and its subsidiaries, visit TheSchwanFoodCompany.com.

About the MARSH
The Marshall Amateur Regional Sports Hub
(MARSH) is a partnership of the Southwest Minnesota Amateur Sports
Commission, the City of Marshall, Southwest Minnesota State University,
and Marshall Public Schools to make Marshall the regional destination
for entertainment and amateur sports. The MARSH facilities include more
than three dozen locations within the City of Marshall, including the
new Red Baron Arena & Expo that is currently under
construction and due to be completed by May 1, 2016.

Contacts

The City of Marshall
Darin Rahm, 507-537-1865
darinr@visitmarshallmn.com
or
The
Schwan Food Company
Chuck Blomberg, 507-537-8780
Chuck.blomberg@schwans.com