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Press Release

Interplex Launches Interplex Medical

Flushing, NY - January 7, 2005 - Interplex Industries, a leading global provider of metal stamped, plated, and plastic molded components, assemblies and design services, announced today that it has established Interplex Medical, a full service contract manufacturer of medical devices.

Interplex Medical provides product design and development services, prototyping, and manufacturing services to medical device OEMs. Product development, design and prototyping activity is performed at the Interplex Medical facility in Milford, OH. The facility includes a class 100,000 clean room for device manufacturing. Component manufacturing is performed at any one of Interplex's manufacturing locations throughout the world.

"We are very excited to become part of the Interplex family of companies," said Randy Palmer, president of Interplex Medical. "The Interplex Medical executive team brings nearly forty years of medical design and development experience to medical device OEMs. With access to Interplex's global manufacturing resources, Interplex Medical offers the medical OEM community one of the first truly global full service medical device contract manufacturing solutions."

"The medical device market is very important to the future of Interplex Industries," said Jack Seidler, chairman and CEO of Interplex Industries. "Since 1958, Interplex has provided innovative manufacturing solutions for our customers all over the world. Randy and his team bring a wealth of design experience that will help Interplex expand its reputation of innovation to include design related services."

Headquartered in Flushing, NY, Interplex Industries has provided precision metal stamping, electroplating, insert and injection molding, metal etching, assembly and design services around the world since 1958. Interplex currently provides its services to the automotive, communications, consumer, electronics, industrial and medical markets. The company has facilities in the United States, Mexico, China, India, Scotland, France and Germany.