CTS Electronic Components Enters Into Distributor Agreement with ACAL plc
 

Elkhart, IN…CTS Corporation (NYSE: CTS) today announced it has expanded its European distribution presence by signing a European distribution contract with ACAL plc.  ACAL will primarily cover the UK, Ireland, Benelux and Iberia markets. ACAL will stock and sell a comprehensive line of standard CTS electronic component products including resistor networks, chip arrays, ClearONE™ termination and bias networks, DIP switches, trimmers, heat sinks and ZIF card retainers. Additionally, ACAL will stock and sell the recently expanded CTS line of reference crystals and clocks, crystal filters, VCOs, Synths, VCXSOs, VCTCXOs, TCXOs and VCXOs used primarily in wireless applications.

"We are pleased to add ACAL to the CTS family of quality distributors that stock and sell our products," stated Bret Robertson, Vice President, CTS Corporation.  "With the addition of ACAL as a new European Distribution Partner, we are positioned to expand the sales of our products to new customers and markets within Europe supporting our marketing strategy," Robertson added.

The growth of revenues through the distribution channel complements CTS’ well-established OEM customer base. In addition to outstanding electronics distributors such as ACAL, the Company's worldwide sales coverage is accomplished through a network of direct sales personnel and independent manufacturers' representatives.
 

About CTS
CTS is a leading designer and manufacturer of electronic components and sensors and a provider of electronics manufacturing services (EMS) to OEMs in the automotive, computer, communications, medical, defense and aerospace and industrial markets. CTS manufactures products in North America, Europe and Asia. CTS' stock is traded on the NYSE under the ticker symbol "CTS.” 
 

About ACAL
ACAL is a leading value-added distributor providing specialist design-in, sales and marketing services for international suppliers in the fields of Electronic Components and IT Parts Services. Founded in 1986, ACAL has developed into a major player in these product groupings through a combination of acquisition and organic growth.

ACAL employs approximately 750 people, offering particularly strong sales and marketing expertise. It is through these skills that ACAL can focus on the demand creation and high standards of technical support which differentiate it from other distributors. The business provides opportunities for growth, a high return on capital employed and a positive cash-flow. ACAL plans to continue investing cash-flow in organic growth and complementary business opportunities. To find out more, visit the Company's website at www.acalplc.co.uk
 

Safe Harbor Statement
This press release contains statements that are, or may be deemed to be, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  These forward-looking statements include, but are not limited to, any financial or other guidance, statements that reflect our current expectations concerning future results and events, and any other statements that are not based solely on historical fact.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.  These forward-looking statements are made subject to certain risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from those presented in the forward-looking statements, including, without limitation, potential changes in the economy generally and in respect to the businesses in which CTS operates; rapid technological change in the automotive, communications and computer industries; reliance on key customers; CTS’ ability to protect its intellectual property; pricing pressures and demand for CTS’ products; and risks associated with CTS’ international operations, including trade and tariff barriers, exchange rates and political and geopolitical risks.  For more detailed information on the risks and uncertainties associated with CTS’ business, see the reports CTS files with the SEC, available at http://www.ctscorp.com/investor_relations/investor.htm.  CTS undertakes no obligation to publicly update its forward-looking statements to reflect new information or events or circumstances that arise after the date hereof, including market or industry changes.