Silver Standard Announces Senior Management Changes

VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 01/27/11 -- Silver Standard Resources Inc. ("Silver Standard" or the "Company") (TSX: SSO)(NASDAQ: SSRI) announces changes to its senior management team. Kenneth McNaughton, Senior Vice President Exploration and Joseph Ovsenek, Senior Vice President Corporate Development are leaving the Company as of February 15, 2011 to pursue other interests in mineral exploration with Pretium Resources Inc.

"Ken and Joe have been instrumental in Silver Standard's growth and in positioning the Company for the future. We thank them for their contributions, and wish them well in their future endeavours," said John Smith, President and CEO of the Company.

Ron Burk, Chief Geologist, will assume responsibility for Silver Standard's exploration programs. Mr. Burk joined Silver Standard in 2004 and has over 20 years of experience in the development and supervision of exploration programs in North and South America.

John DeCooman, Vice President Business Development, will continue to provide leadership and direction for the Company's corporate development. Mr. DeCooman joined Silver Standard in 2009 and has over 15 years of experience in mining finance and business development.

Silver Standard is a silver mining company that seeks growth through discovery, the development of its project pipeline, and accretive acquisition opportunities.

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