Adeptron Selected to Provide Turnkey Electronics Manufacturing Solutions Valued at $4 Million Annually



    
    Stock Symbol: ATQ
    Listing: Toronto Stock Exchange (TSX)
    Web Site: www.adeptron.com
    

    TORONTO, Oct. 21 /CNW/ - Adeptron Technologies Corporation (ATQ: TSX)
("Adeptron" or the "Company"), a specialist at delivering integrated product
solutions and support to the global electronics and related technologies
industries, announced today that it was selected to provide electronics
manufacturing solutions and services to a Canadian technology original
equipment manufacturer ("OEM") of a top selling line of products used in
commercial applications and marketed worldwide. The value of the turnkey
electronics manufacturing services to be provided by Adeptron to this
technology leader is estimated at over $4 million annually.
    Commencing in the fourth quarter of 2008, Adeptron will be providing full
turnkey product support and manufacturing services for this OEM's commercial
product lines.
    "Based on Adeptron's ability to provide turnkey product support and
services on a global basis, including superior supply chain management
capability, our customer has agreed to enter into a new turnkey arrangement
with our Company for the delivery of its products," said F. Michael Marti, CEO
of Adeptron. "This customer previously operated under a consigned model
whereby raw materials were consigned to Adeptron and Adeptron provided and
invoiced only for labour services and machine time utilized. The conversion to
a turnkey product support program increases Adeptron's service offering to
this customer."

    About Adeptron:

    Adeptron delivers product solutions and support for the complete product
life cycle to the global electronics and related technologies industries.
These solutions and support include design, prototyping, supply chain
management, manufacturing, assembly, testing, product assurance, distribution
and after-sales service. Adeptron, as part of an affiliated group of companies
in the Electronics Manufacturing Services (EMS) sector, having annual global
revenues of approximately $250 million, provides manufacturing services from
six facilities worldwide including Markham and Ottawa in Ontario, San Jose and
Livermore in California, Israel and through its partner, China. Adeptron's
facilities are ISO 9001:2000 registered.
    Adeptron is a public company whose common shares are listed for trading
on The Toronto Stock Exchange under the symbol: "ATQ". Visit Adeptron at:
www.adeptron.com or www.investorfile.com.

    THIS NEWS RELEASE MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION
RELATING TO SUCH MATTERS AS EXPECTED FINANCIAL PERFORMANCE, BUSINESS
PROSPECTS, TECHNOLOGICAL DEVELOPMENTS, DEVELOPMENT ACTIVITIES AND LIKE
MATTERS. THESE STATEMENTS INVOLVE RISK AND UNCERTAINTIES, INCLUDING BUT NOT
LIMITED TO RISK FACTORS DESCRIBED IN DOCUMENTS FILED WITH REGULATORY
AUTHORITIES, SUCH AS THE COMPANY'S MOST RECENTLY FILED ANNUAL AND QUARTERLY
REPORTS AND ANNUAL INFORMATION FORM. ACTUAL RESULTS COULD DIFFER MATERIALLY
FROM THOSE PROJECTED AS A RESULT OF THESE RISKS AND SHOULD NOT BE RELIED UPON
AS A PREDICTION OF FUTURE EVENTS. ADEPTRON TECHNOLOGIES CORPORATION UNDERTAKES
NO OBLIGATION TO UPDATE ANY FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR
CIRCUMSTANCES AFTER THE DATE ON WHICH SUCH STATEMENT IS MADE, OR TO REFLECT
THE OCCURRENCE OF UNANTICIPATED EVENTS.

    %SEDAR: 00012076E




For further information:

For further information: Adeptron Company Contact: F. Michael Marti,
President & Chief Executive Officer, Tel: (416) 705-6534,
fmmarti@adeptron.com; Adeptron Investor Relations: Gerry Wimmer,
INVESTORFILE.com, Tel: (416) 360-8895, Toll Free: 1-888-894-8222,
gwimmer@investorfile.com

Organization Profile

ADEPTRON TECHNOLOGIES CORPORATION

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