ABLE ELECTRONICS ANNOUNCES NEW CORE CAPABILITIES THROUGH VERTICAL INTEGRATION TO BETTER SERVE ITS CUSTOMERS

Hayward, Calif. — January 28, 2002 — Able Electronics, Inc., a leading electronics manufacturing services (EMS) company, today announced that it has added additional integrated core capabilities enabling its customers to take advantage of lower costs, reduced inventory, better lead times, and higher quality controls.

"Able Electronics’ primary objective is to continually help its customers better differentiate the quality of their products from those with whom they compete,” said Peter Dennis, Able Electronics president and COO. "Adding core capabilities and services, such as cable assembly, sheet metal, custom enclosures and upper level assemblies, powder coating and silk screening allows us to keep more manufacturing in-house, resulting in maximum control of quality, reduced cost and delivery times. This, in turn, helps our customers remain more competitive. This strategy also gives Able Electronics a distinct advantage over other EMS suppliers because we can offer a lower bar for entry for our customers, but still provide all of the services of a first tier EMS. By applying vertical integration, we continue to improve and retain our reputation as a premier EMS provider."

Able Electronics’ devotion to vertical manufacturing integration allows us to continue to be a highly flexible organization where the gap between initial design and time to market are minimized, and where strategic opportunities are maximized through quick response," stated Russel Yarp, Able Electronics’ Director of Vertical Integration. "Vertical integration allows us to lower total supply chain inventory and improve our ability to control production processes and rapid information flow throughout the manufacturing process. These types of strategies for ensuring the quality of the product are what allow us to exceed our customers’ expectations."

Originally founded in 1988, Able Electronics Corporation is an ISO 9002-certified, privately-held electronic manufacturing services (EMS) company serving OEMs in the telecommunications, test and measurement, medical instruments, computer peripherals, industrial controls and genetic research industries. In less than two years, the company has more than doubled production capacity. Able now occupies a new 135,000 sq. ft., state-of-the-art, corporate-owned facility in Hayward, CA, in Silicon Valley, midway between San Jose, Oakland and San Francisco. The company also operates manufacturing sites in Mexico and China. With an ongoing commitment to customer service, Able provides complete range of EMS solutions from engineering development and prototyping to systems integration and test. Able offers medium-to-high volume, full turnkey manufacturing, test and logistical services. For more information, visit Able’s Web site at http://www.ableco.com.

Media Contact:
Peter Dennis
President & COO
Able Electronics Corporation
(510) 477-5000
pdennis@ableco.com