CERALTA TECHNOLOGIES ESTABLISHES PLATFORM TO ACQUIRE AND BUILD DIVERSE GROUP OF RADIO FREQUENCY, MICROWAVE AND DIGITAL TECHNOLOGY COMPANIES


May 15, 2008 - Peabody, MA: Ceralta Technologies, Inc. (Ceralta) was formed by the investment group which originally owned TRU Corporation (TRU) by merging TRU into Ceralta and subsequently acquiring Sage Laboratories, Inc. (Sage). Both TRU and Sage are now wholly owned subsidiaries of Ceralta. Ceralta’s mission is to creatively apply radio frequency (RF), microwave and digital technologies to enhance the competitive position of its customers and in turn, their customers.


Ceralta’s focus is on the application of RF, microwave and digital technologies to specific industries and markets including: defense; aerospace; homeland security; counter IED; satellite and wireless communications; medical diagnosis and therapy; semiconductor; test and measurement; flat panel display and solar energy applications. The market remains fragmented with a high rate of technological change that requires significant capital investment. In pursuing its growth objectives, Ceralta will selectively target other acquisitions in the RF, microwave and digital technology field with a primary focus on companies, which have the ability to provide unique technical solutions to defined market segments.


Eugene F. O’Neill, Jr., Chairman of the Board and Chief Executive Officer of Ceralta stated, “Forming Ceralta is a significant step in positioning TRU and Sage for growth. We are now uniquely positioned to provide leading edge component and subsystem solutions to targeted customers and markets. As additional acquisitions are integrated, there will be greater opportunity to develop deeper customer relationships and provide higher-level technological solutions to our customers. I am very excited about the combination of TRU and Sage as we now provide greater value to our customers than either company would be able to provide as a stand-alone business.”


The President of TRU, Scott O’Neil, said, “Since our inception, TRU Corporation has become well known for its creative interconnect solutions, particularly in the high power segment of the market. We look forward to working closely with Ceralta and Sage to pursue our joint goals for expansion by finding new business opportunities within our customer base, thus leveraging our combined component and subsystem design and manufacturing capabilities. Ceralta, TRU and Sage make a powerful combination that will significantly enhance our ability to service our customers and markets.”


“We are very happy to have Ceralta Technologies as our parent,” said Anthony Cappello, President of Sage. “Ceralta is continuing to make investments in the Sage business to maintain and grow our technical capabilities and operational efficiencies to better serve our growing customer base. This investment will enable us to add even greater value for our customers through new product development in our heritage component products as well as subsystems. Sage embraces the opportunity to work with TRU in developing joint opportunities within our targeted markets.”


About Ceralta Technologies, Inc.
Ceralta Technologies, Inc., the privately held parent of TRU Corporation and Sage Laboratories, is focused on RF, microwave and digital technologies. Ceralta’s strategy is to build a diverse group of leading RF, microwave and digital technology companies focused on the design, development and manufacture of innovative component and subsystem solutions across the aerospace, defense and various commercial markets. Ceralta is actively pursuing selective investments in other targeted RF, microwave and digital technology companies. More information about Ceralta Technologies can be found at www.ceraltatechnologies.com.
Ceralta Technologies, Inc.

About TRU Corporation

TRU Corporation develops and manufactures solutions that encompass the entire spectrum of RF and microwave interconnectivity. TRU provides unique and creative RF and microwave interconnect solutions in a fast turnaround, flexible manufacturing environment tailored to suit the challenging needs of existing and emerging markets. TRU targets the defense, space, semiconductor, flat panel display, homeland security, medical and other commercial markets. TRU is known for its expertise in RF and microwave proprietary cables, cable assemblies, connectors and components with unique attachment and assembly methods. TRU operates from a 40,000 square foot facility located in Peabody, MA. TRU has created breakthrough RF and microwave interconnect products for over 50 years. More information about TRU Corporation can be found at www.trucorporation.com.


About Sage Laboratories, Inc.

Sage Laboratories, Inc. designs and manufactures RF, microwave and digital components and subsystems for technically demanding applications. Sage products include IFM/DFD receivers, multifunction assemblies, converters, filters and several component types including mixers, rotary joints, phase shifters, couplers, power dividers and switches. Sage engineered solutions are targeted at leading edge OEMs and prime contractors in the aerospace, defense, counter IED, homeland security, medical, test and instrument and communications markets. Sage operates from a new 40,000 square foot state-of-the-art facility located in Hudson, NH. Sage embraces lean manufacturing techniques and maintains clean room assembly and extensive environmental screening and test capabilities. Sage was founded in 1955 and has been a leading-edge provider of unique high performance components and subsystems for over 50 years. More information about Sage Laboratories can be found at www.sagelabs.com.


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If you would like more information on this topic or to explore the opportunity of a potential investment by or partnership with Ceralta Technologies please contact Stephen Eccles, Managing Director, Corporate Development at (978) 717-2559, corpdev@ceraltatechnologies.com.


 

 
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