8/09/2015 Salvo Technologies Formalizes Specialized Electronics & Custom Assembly Division

September 18, 2015

Seminole, FL—Salvo Technologies Inc., a leading technology-­based private equity group, today announced the establishment of their Specialized Electronics and Custom Assembly Division, Salvo Electronics. The move occurs concomitantly with Salvo’s opt-out of the Representative/Distributor Agreement it held with Cross Industrial Florida LLC, as a result of Cross’s voluntary dissolution. Salvo Electronics will continue to supply devices to the defense and aerospace markets, as well as commercial and industrial sectors.  The change not only adds depth to the Salvo Technologies portfolio of capabilities, it allows the company to offer additional customized services across their diverse line of products and services. “Our migration to the Salvo Group allows us to offer a comprehensive suite of products that includes innovative electro-­optic components and subsystems,” said Don Carroll, Business Development Manager of Salvo Electronics. “It turns us into a one-­stop shop for our customer base of prime contractors.”

“Having access to global sourcing capabilities and augmented manufacturing capabilities will enable us to build a broader, more dynamic customer base,” said Eric Mackey Quality Manager at Salvo Technologies. “Feedback from the Electronics Division’s customers will allow us to identify market opportunities that we can target with innovative new products across our lines.”

Salvo Electronics & Assembly is a manufacturer and value-added reseller of electronics and electro-optics to the security, defense, and aviation markets. Specializing in prototype, catalog, and obsolete devices, complemented by a full suite of manufacturing capabilities including custom cable assemblies, PCB design & production, comprehensive testing and tape, reel, dry-bake, and packaging services, these value-added offerings allow customers to get better products to market faster while focusing their in-house engineering efforts on their core value proposition.

About Salvo Electronics

Salvo Technologies introduced Salvo Electronics to create a vertically integrated technology design and manufacturing house capable of developing and delivering a broad range of innovative solutions to the global marketplace. This gives customers access to best-in-class products and customized solutions through an informed, energetic sales force with deep domain expertise. Located in the headquarters facility of Salvo Technologies, Salvo Electronics provides input and customer feedback to Salvo Technologies divisions like Salvo Defense, Salvo Electro-Optics, and Salvo Coatings for product development and manufacturing. At the same time, the close proximity to manufacturing gives the team unique insight into the production processes, quality control, and delivery times of the products we market. Salvo Electronics is wholly owned by Salvo Technologies Inc., a privately held company headquartered in Seminole, FL. For more information please visit www.SalvoElectronics.com

About Salvo Technologies Inc.

Salvo Technologies Inc. invests in and develops manufacturing companies serving the defense, security, medical, industrial, and commercial markets. From its inception in 2007, it has grown into an organization with global reach and manufacturing capabilities on multiple continents. Its four divisions provide a range of world ­class products including personal protective equipment; thick film coatings with high corrosion resistance; and high­ reliability electro-­optical components like power management components, fire-control optics, and imaging solutions with an emphasis on multispectral and polarimetric systems. In addition, its Electronics Division now serves as manufacturer and value-added distributor of electronic, optoelectronic, and optical components & assemblies with a particular focus on high­ reliability markets. Salvo Technologies is a privately held company headquartered in Seminole, FL. For more information please visit www.salvo-technologies.com.

Media contact:

Don Carroll

Business Development

Don@Salvo-Technologies.com

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