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ABLE ELECTRONICS CORPORATION LAUNCHES NEW ELECTRONIC MANUFACTURING SERVICES COMPANY IN SILICON VALLEY

Able Purchases Former GET Manufacturing Site to Build Upon Past Success

Mountain View, Calif. - November 30, 1999 - Able Electronics Corporation today announced that it has purchased the former Silicon Valley manufacturing operations of GET Manufacturing, Inc. to launch a new electronic manufacturing services (EMS) company. With this move, Able comes full circle from its 1988 beginnings.

Able was a Silicon Valley contract manufacturer from 1988 to 1997 when it was purchased by GET Manufacturing. In turn, GET was purchased by Jabil Circuit in September of this year. Now, Able is back with new owners, many of the same associates from GET and the former Able, and a management team of industry veterans.

"We're very excited about the opportunity to relaunch Able and retain many of the same highly skilled associates that made Able and GET successful in the past," said Peter Dennis, Able president & COO. "At a time when smaller EMS companies are being gobbled up by larger entities, we are reclaiming our roots and focusing on providing the highest levels of personalized customer service."

The new Able offers full systems turnkey manufacturing through box build from GET's former 43,000 square foot, ISO 9002-certified facility in Mountain View. The facility features SMT lines with Fuji and Panasonic equipment and engineering support for Design for Manufacturability and Test. In addition to President & COO Dennis (formerly of Kent Electronics), Able's management team includes Director of Customer Operations Eldon Regua (formerly of GET, Solectron and Applied Materials); Director of Finance/Controller Rich Rowley (formerly of GET, IDT and Intel); and Director of Manufacturing Operations Paul Sperry (formerly of GET, Unitek and Flextronics).


"Our primary focus is, and will always be, to ensure that our current customers are completely satisfied, "said Dennis. "We are also well-positioned for future growth with strong financial backing, an experienced and dedicated management team and emerging alliances in Mexico and China."

The new Able Electronics Corporation is located at 960 Linda Vista Avenue, Mountain View, CA 94043. Phone: 650-390-8900 or 1-800-794-ABLE. Fax: 650-390-8181. Web: www.ableco.com.

About Able Electronics Corporation
Originally founded in 1988, Able Electronics Corporation is a privately-held electronic manufacturing services (EMS) company serving OEMs in the telecommunications, medical instruments, computer peripherals, industrial controls and capital equipment industries. Strategically located in the heart of Silicon Valley, Able is ISO 9002-certified and provides a full range of services from engineering development and prototyping to systems integration and test. Able's mission is to be recognized as the best EMS provider by our customers, suppliers, associates and shareholders. For more information, visit Able's Web site at http://www.ableco.com.

 

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