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Press Release

07-Oct-2002, by John Becker

AMI DODUCO Expands Sales

EXPORT, PENNSYLVANIA - AMI DODUCO, a Technitrol company (NYSE: TNL), announced that it signed M. Gottlieb Associates, Inc. (MGA) as a sales agency to further expand its penetration of the automotive market.

“As vehicles incorporate more features and functionality, tier-one automotive suppliers are increasingly interested in our electrical contact products, particularly precision insert-molded component subassemblies,” said Albert Thorp, III, Chief Executive Officer of AMI DODUCO. “And as these companies continue to consolidate their supply base to increase quality and reduce costs, we believe AMI DODUCO will be an ideal manufacturing partner due to our end-to-end capabilities – from electrical contact production to precision stamping to plastic injection molding to extensive engineering support. MGA will enable us to leverage these strengths by helping us stay close to existing customers and identify new ones.”

Established in 1967, MGA represents leading manufacturers of electrical, electronic and mechanical products. The company will represent AMI DODUCO at key automotive accounts throughout North America. MGA is headquartered in Kokomo, Indiana, and has sales offices in the U.S., Mexico, the U.K., and Singapore.

“We are excited to represent AMI DODUCO,” said Mark Schutte, President of MGA. “They have what it takes to be a world-class supplier in this business – a full set of production capabilities, an unparalleled global presence, and the broadest product line in the contact products market.”

Headquartered in Export, Pennsylvania, AMI DODUCO is a global leader in electrical contact technology and fabrication. The company supplies contacts and assemblies, contact materials, thermostatic and laminated metal products, electroplating and surface treatment services, and precious metal refining and recycling to more than 3,000 customers. AMI DODUCO operates from locations throughout North America, Europe and Asia. The company’s website is www.amidoduco.com.

Cautionary Note: This message contains "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially. This release should be read in conjunction with the factors set forth in Technitrol's report on Form 10-Q for the quarter ended June 28, 2002 in Item 2 under the caption "Factors that May Affect Our Future Results (Cautionary Statements for Purposes of the 'Safe Harbor' Provisions of the Private Securities Litigation Reform Act of 1995).”

 

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A Technitrol Company

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Export, PA 15632
Phone: 724.733.8332
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