Cypress Industries expands US office and production space by nearly 400% in 2005

Austin, TX, April 1, 2005

After doubling revenue in 2002-2003 and nearly quadrupling it 2003-2004, Cypress Industries, an electronics & metals manufacturing, design, and plastic injection molding company, is off to another phenomenal start in 2005. Cypress is in the midst of experiencing robust US business expansion in the US and China.

In order to keep pace with rapidly growing business opportunities, Cypress embarked on expanding its US office and production facilities in early 2005. Cypress is managing growth in business with its US business expansion in the US and China. Spurred by continued robust growth and healthy customer demand, Cypress enhanced its US office and production spaces by nearly 400% thus far in 2005. Currently, Cypress is in the process of putting the finishing touches on this expansion and solidifying its position as a premier plastic injection molding company including the addition of:

• 6 plastic injection molding machines (several being larger tonnage machines)
• A new machine/tooling shop
• Two cable over-molding machines

In addition to expanding existing office and production facilities, Cypress broadened its employee base by 33% since the end of 2004. Many of the new employee additions will aid Cypress in handling increasing volumes of customer inquiries. These additions will prove instrumental in helping Cypress to continue managing growth in business and future US business expansion in the US and China. Additionally, a new China Operations Manager and Sales Manager have been added to the Cypress team demonstrating the company’s commitment to continued future growth in the Asia-Pacific Region.

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