PRESS RELEASE

Gowanda Expands Passive Offerings with Acquisition of RCD Components

Gowanda, NY (USA) – Gowanda Components Group is pleased to announce the acquisition of RCD Components, headquartered in Manchester, New Hampshire. RCD is a manufacturer of passive components – including resistors, capacitors, coils and delay lines – for the commercial, military and aerospace industries. This is hte ninth acquisition for GCG within the last seven years.

The addition of RCD to Gowanda Components Group expands the breadth of our passive component offerings to the electronic design community and enhances our passive technology capabilities. As a result of our combined strengths we look forward to developing unique solutions to address board level design challenges of the global electronics industry.

Terms of the deal were not disclosed but GCG has stated that RCD will maintain its operations in Manchester as well as their support facilities. In addition to RCD’s facilities, GCG has seven other manufacturing and design facilities located within the United States.

About RCD Components:

RCD Components is a premier manufacturer of resistors and a major supplier of capacitors, coils and delay lines for the commercial, medical, military and aerospace industries. The company’s resistors are utilized in a wide range of high reliability applications such as avionic systems, industrial embedded systems, test and ground support equipment, satellite systems and medical instrumentation. Established in 1972 and growing ever since, RCD’s strengths include flexible manufacturing, resistive technology expertise and the design and manufacture of high-quality precision parts for demanding applications. The company’s Absolute Zero Defect program (ABZED™) incorporates a wide range of standard and customized products and shorter lead-times, to deliver additional value. RCD’s unique SWIFT™ service provides delivery of non-stock items far quicker than standard lead-times in the industry. The company is ITAR registered and ISO 9001 certified. RCD is now a member of the iNRCORE family of brands.