Hayward, Calif.—July 1, 2004

Able Electronics Corporation, a leading electronics manufacturing services (EMS) company, today announced the promotion of George Laurie to Vice President of Manufacturing.

In his new position, Mr. Laurie will be responsible for both the Hayward and Mexico manufacturing operations and will continue with the core implementation of Able's processes and systems to support delivery, quality and customer cost objectives. Laurie, who joined Able Electronics in February 2000 as Director of Manufacturing, will continue to report directly to Peter Dennis, president and COO. 
"I am delighted that George has agreed to take this role at Able," stated Peter Dennis, president and COO.

"His experience, drive, and enthusiasm are ideally suited to the task at hand, and I look forward to working closely with him as he drives the manufacturing operations. George's contributions have already had a significant impact on the company, and his expanded responsibilities will allow him the opportunity to contribute more broadly to our operations. George has excellent knowledge and understanding of our services and our customers' needs. I am confident that George's management expertise and solid leadership skills are what we need to grow our capabilities and service offering."

Commenting on the appointment, Mr. Laurie said, "Able is ideally positioned with technology, services and solutions to help customers optimize their manufacturing objectives. I am committed to meeting our customers' needs and growing customer relationships. I am very pleased to be assigned this responsibility."

Mr. Laurie has over 35 years of manufacturing operations and manufacturing engineering experience. He has extensive experience in PCBA, Fiber Optics and DFM, with long tenure in the electronics industry.

About Able Electronics
Originally founded in 1988, Able Electronics Corporation is a 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. Able occupies a 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 is ISO 9001:2000 certified at both its Silicon Valley and Mexico manufacturing facilities. With an ongoing commitment to customer service, Able provides a 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 Electronics' Web site at http://www.ableco.com.

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