Precision Resource

Kentucky Division Achieves ISO/TS 16949 Certification

Mt. Sterling, KY, April 10, 2006 – Precision Resource, Inc., a leader in the supply of precision metal components manufactured with the fineblanking technology, today announced that its Kentucky Division has achieved Certification of ISO/TS 16949:2002 compliance.

ISO/TS 16949 is a quality management system standard for automotive related manufacturing companies.  ISO/TS 16949 is a process-approach methodology with a focus on achieving customer satisfaction.  This standard follows the outline of ISO9001:2000 with added automotive specific requirements.

“The ISO/TS 16949 standard requires complete focus on meeting our customers’ defined requirements and on achieving customer satisfaction.  That fits in well with the PR-KY philosophy of continuous improvement while achieving defined performance metrics.” said Horst Griesbaum, Division Manager of the Kentucky Division.  “The entire PR-KY team worked very hard to upgrade our operating systems in order to attain compliance with the ISO/TS 16949 standard and we are proud of the achievement.”

Located in Mt. Sterling, KY, the Kentucky Division specializes in the supply of high-volume and high-tonnage fineblanked components and assemblies.  The division markets its products primarily to the automotive and heavy duty markets.  The division also employs an array of secondary finishing technologies, including grinding, and machining in order to supply complete ready to assemble component solutions to its customers.

Fineblanking is a high precision metal forming process used extensively in the automotive, heavy duty, electronics, medical, lawn and garden, and general industrial industries.  This unique process creates parts with very tight dimensional tolerances, excellent flatness, and with very little variation from part-to-part throughout long production runs.  These characteristics lead designers to specify fineblanked components for their most critical applications.

Precision Resource has seven production facilities in the United States and Canada.  In addition to the facility in Kentucky, the company operates plants in, Huntington Beach, CA; Ft. Lauderdale, FL; Vernon Hills, IL; Cambridge, Ontario; Kitchener, Ontario; and Shelton, CT, which also houses the corporate headquarters and the Tool & Machine Division.  For more information regarding the company, visit www.precisionresource.com.

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Any information contained in electronic communications and any attachments thereof relating to the business of Precision Resource or any of its employees, shareholders, customers or suppliers is confidential and may be privileged.

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