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Standex Electronics Acquires Planar Magnetics Business

Cincinnati, OH – June 11, 2014 — Standex Electronics is pleased to announce that it has acquired substantially all of the assets of the planar magnetics business of Planar Quality Corporation (“PQC”) in Boca Raton, Florida effective June 11, 2014.

This acquisition brings to our organization a broad offering of planar magnetic products. Planar magnetic products are low profile, highly efficient transformers with minimal electromagnetic interference that are used for very demanding power supply applications in the aerospace, medical, defense, communications, industrial and automotive industries.

Our collaboration enhances our organization’s capabilities and engineering resources to design unique and custom planar magnetic configurations. The assimilation of PQC parts, designs, and engineering improve our capabilities as a leader in providing magnetics solutions. Further synergy and capabilities are also achieved with Standex Electronics ITAR, ISO9000, TS16949, and AS9100 certifications and qualifications.

The planar magnetic products that we acquired complement the broad range of electro-mechanical engineered solutions that are currently offered by Standex Electronics. We look forward to working with the customers of PQC and also offering these products to the customers of Standex Electronics.

The combination of the innovative PQC products, existing planar products, and the global manufacturing and sales footprint improves our capacity and capabilities for existing Standex Electronics and PQC customers. We are also pleased to announce that Planar Quality Corporation team will continue providing planar magnetic design services to Standex Electronics to support customers. This builds upon the solid product engineering foundation both companies have established.

To inquire about or order the various planar magnetic products developed by PQC please visit www.planars.com orwww.standexmeder.com, call David DuBois at +1(508) 295-0078 x108, or e-mail info@planars.com orddubois@standexelectronics.com.

We hope that you share our enthusiasm about the broad suite of products, technologies and engineering resources that we have available to address your needs. Our organization is committed to exceeding your expectations on quality, delivery and service for these planar products as well as our other products.

John Meeks
Worldwide President
Standex Electronics

About Standex Electronics

Standex Electronics is a worldwide market leader in the design, development and manufacture of standard and custom reed based, magnetics, and fluid level sensing components. We strategically partner with customers to solve problems with innovative and resourceful engineering capabilities and ultimately deliver reliable high-quality product solutions. Standex Electronics is ITAR, ISO9000, TS16949, and AS9100 certified.

For more information on Standex Electronics, please visit us on the web at www.standexelectronics.com

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Julie Dargie
Standex Electronics
+1-508-295-0771 ext. 111
Brian Siegel
Standex Electronics<



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