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Media Contacts:
Timothy G. Weir
Acument Global Technologies
(248) 813-6329
tweir@acument.com

News - 2007

10/30/07

ACUMENT GLOBAL TECHNOLOGIES Announces TORX® Drive System World Class Quality Award Winners for 2006

Winners Reflect Company’s Worldwide TORX® Licensing Activity

Acument Global Technologies, Inc. today announced that seven of its licensed manufacturers have received the TORX® Drive System World Class Quality Award from the company for demonstrating the greatest commitment to manufacturing high quality, authentic TORX® fasteners and drivers during calendar year 2006.

02/16/07

ACUMENT GLOBAL TECHNOLOGIES, INC. EXTENDS THE EXPIRATION DATE FOR THE TENDER OFFER AND CONSENT SOLICITATION FOR ITS SENIOR SECURED FLOATING RATE NOTES DUE 2014

Acument Global Technologies, Inc. today announced today that it has extended the expiration date for its previously announced cash tender offer for all of its outstanding Senior Secured Notes due 2014 to 5:00 p.m., New York City time, on February 23, 2007.

02/15/07

Acument™ Global Technologies Communicates Intended Use of Proceeds from Sale of Cherry Aerospace LLC

Acument Global Technologies, Inc. today announced its intended uses of the proceeds from the pending sale of its Cherry® Aerospace LLC business to Precision Castparts Corp. (NYSE: PCP).

02/01/07

Acument™ Global Technologies Appoints Janice E. Stipp as Vice President and Chief Financial Officer

Acument Global Technologies, Inc. today announced the appointment of Janice E. Stipp as the company’s Vice President and Chief Financial Officer. Effective February 19, 2007, Stipp will replace current Acument Chief Financial Officer Jon Samuelson, who is leaving the company to pursue other professional opportunities.

01/26/07

Joseph Gray Appointed President and Chief Executive Officer Of Acument™ Global Technologies on a Permanent Basis

Acument Global Technologies, Inc. today announced that Platinum Equity has appointed Joseph Gray as the company’s permanent President and Chief Executive Officer, effective immediately. Gray, who joined the organization in May 2005, had served as its Interim President and CEO since October 17, 2006.

01/23/07

Acument™ Global Technologies Transfers Intevia® License Agreement With TZ In Exchange for Equity Position in TZ Limited

Acument Global Technologies, Inc. today announced that it had reached an agreement to sell the assets of its Intevia® intelligent fastening business to TZ Limited and transfer its Intevia® license agreement to TZ. In return, Acument will take a 10 percent equity position in TZ, whose shares currently are traded on the Australian Stock Exchange (ASX: TZL).

01/08/07

Acument™ Global Technologies Reaches Agreement to Sell Cherry Aerospace to Precision Castparts Corp.

Acument Global Technologies, Inc. (“Acument”) today announced that it had reached an agreement to sell its Cherry® Aerospace LLC (“Cherry”) business to Precision Castparts Corp. (NYSE: PCP) for $300 million in cash. Completion of the sale will emphasize Acument’s strategic focus on the automotive, construction, electronics and industrial sectors.

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