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NEWS RELEASE

NEWS RELEASE

 

                                                                                                                                               

Contact:         Richard Steiner, 440-953-5000, rsteiner@gould.com
                        Brad Kostka, 216-902-3800, bkostka@jjroop.com

For Release:  Immediate

Gould Further Consolidates U.S. Product Distribution

Eastlake, OH—(April 10, 2002)—Gould Electronics Inc. today announced that it has named Insulectro, the world’s largest distributor of advanced printed circuit materials, as the exclusive distributor to printed circuit board manufacturers for its CAC® (Copper-Aluminum-Copper) foil and related products in the upper Midwestern United States.

This business relationship became effective on March 18, 2002.  The products affected by this decision are those manufactured by Gould’s Hampstead, NH, facility, formerly known as JJA, Inc.

Insulectro already is the exclusive distributor of Gould’s CAC® foil and related products in the Eastern and Western U.S.  Since 1989, the Lake Forest, California-based distributor has also been Gould’s exclusive representative for its full line of copper foil and, more recently, specialty products.

“We made this change to better service our customers who will benefit from working with Insulectro as a familiar, single source for all their material requirements for PCB fabrication,” said Gould Vice President Richard Steiner.   “Insulectro will provide them with a comprehensive product line, responsive material management capabilities and multiple just-in-time supply locations.”

“The consolidation is a strategic action and we thank Hamlet & Smith, the company that previously handled these products in the upper Midwest, for their years of assistance,” he added.

Gould is a worldwide leader in the production of printed circuit materials and optoelectronic products, including JTC™ electrodeposited copper foil, CAC® (Copper-Aluminum-Copper) foil, Gould®flex adhesiveless flexible laminates and fiber optic couplers with value-added assemblies.  Headquartered in Eastlake, OH, the company operates 12 facilities in North America, Europe and Asia and is supported by a worldwide sales and distribution network.  Gould is a wholly owned subsidiary of Japan Energy Corporation.  More information is available at www.gould.com.

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34929 Curtis Boulevard · Eastlake, OH 44095-4001
Phone: 440-953-5000
· Fax: 440-953-5050
http://www.gould.com



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