PEI-GENESIS ACQUIRES FILCONN, PRECISION CONNECTOR MANUFACTURER

ACQUISITION ENHANCES ABILITY TO PARTNER FROM DESIGN THROUGH DELIVERY

PEI-Genesis has acquired Arizona-based FilConn, Inc, a manufacturer of precision high reliability filter, transient suppression, and custom configured connectors for the milaero, medical, transit and oil/gas industries; it was announced today by Steven Fisher, CEO of PEI-Genesis. The purchase allows the company to better serve customers’ needs for low volume, quick turn, custom connectors.

“We consider ourselves a design focused company that solves customers’ technical problems,” said Fisher. “This acquisition enhances that capability, further encouraging our customers to partner with us from the initial stages of design through delivery.”

FilConn has the capability to produce precision machined parts rapidly while meeting the highest quality standards, translating time to market into weeks instead of months.

“Our suppliers have a wide range of standard products, but are not equipped to do low volume special orders,” continued Fisher. “Having the ability to do a drawing in 48-hours and to fabricate low volume specials within weeks will be the perfect complement to our existing design and value-add capabilities.”

“It’s a perfect fit, added Mark Pendergrass, President, FilConn. “The PEI Team is passionate about the same things we are – creating custom, quick turn, interconnect solutions for our customers. By combining our teams, we are now able to bring our unique capabilities to a much larger base of customers.”

PEI-Genesis will operate FilConn as a separate company, continuing to work with FilConn as an authorized supplier partner. FilConn’s President, Mark Pendergrass, and Director of Sales, Jason Pedruzzi, will continue in their roles at FilConn in addition to becoming part of an enhanced PEI sales team. PEI will continue to support the existing FilConn distributors and rep network.

About FilConn, Inc.
FilConn Inc. was established in 2003 and specializes in precision high reliability filtered, EMP suppression, and custom configured connectors for the mil-aero, medical, transit and oil/gas industry.
Their specialties include custom product development, hands on technical customer support, and quick turn manufacturing. FilConn’s offices and manufacturing facility are located in Chandler, Arizona. More information may be found at www.filconn.com.

About PEI-Genesis
PEI-Genesis is one of the world’s fastest assemblers of precision connectors and cable assemblies. From the largest connector component inventory in the world, they develop engineered solutions that support the military, industrial, medical, aerospace, transportation and energy sectors worldwide. Headquartered in Philadelphia, PA, PEI-Genesis has production facilities in South Bend, IN; Southampton, UK; and Zhuhai, China as well as sales offices throughout the Americas, Europe and Asia. More information may be found at www.peigenesis.com.