In an effort to achieve quick-turn production and hedge increasing shipping costs,

Cypress Industries increases plastic injection molding and plastic injection mold tooling capabilities in the US

Austin, TX, May 15, 2005

Cypress Industries has maintained plastic injection molding capabilities in China for years. However, in an effort to remain responsive to customer needs and competitive, despite the continued accent of world energy prices, Cypress recently added increased plastic injection molding and plastic injection mold tooling capabilities domestically in the US.

For many Cypress customers, time is of the essence. As a result, Cypress Industries continued its efforts in remaining conscious of this need for speed by adding domestic plastic injection molds and molding capacity here in the US. This high-speed production manufacturing solution is ideal for customers seeking quick-turn production at competitive prices.

In recent years, customers desiring both quick-turn high-speed production and competitive manufacturing pricing turned to China. However, as energy prices have continued their climb, the cost of airing quick-turn production into the US has risen rapidly. When taking both the cost of oil and plastics into account, quick-turn productions can, at times, be more competitively produced here in the US when few secondary operations are required due to automation. Thus, Cypress is committed to playing an instrumental role for customers requiring such high-speed production services.

The additional plastic injection molding capabilities here in the US coupled with Cypress’s existing plastic injection molding and custom tooling operations both domestically and in China enable Cypress to offer uniquely comprehensive tailored manufacturing solutions packages to customers.

About Cypress Industries

Cypress Industries is a manufacturing and services company that accelerates time to profit for electronics components and products. Since 2001, Cypress Industries has delivered unique solutions to our customers’ most challenging design, manufacturing, fulfillment and logistics problems while allowing them to focus on their core businesses. Atypical of most manufacturing outsourcers, Cypress Industries applies creativity, extensive industry knowledge and a relentless pursuit of customer satisfaction to solving manufacturing problems without regard to size or complexity. Our ISO 9001-certified offshore and domestic facilities ensures manufacturing consistency and high-quality finished products. By offering lower tooling costs and shorter lead-times, Cypress Industries designs, engineers and fulfills high-quality electronics components and finished products quicker and more cost-effectively than many other manufacturing companies. Cypress Industries’ headquarters is in Austin, Texas. More information about Cypress Industries can be found at www.cypressindustries.com.

In response to industry growth, Cypress Industries also provides metal castings and plastic injection molding through its newly introduced Industrial Division. Locate more information about Cypress Industries Industrial Division at .

CONTACT:

Deb Gabor
Sol Marketing Concepts
512.554.1538
deb@solmarketingconcepts.com

Cypress Industries
214.550.1226
info@cypressindustries.com