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Winland receives award from Parker Hannifin

Dec 16, 2003

Expected to generate $1.5 to $2 million in annual revenuesWinland Electronics, Inc. (Amex: WEX) announced today that it has received a Network Procurement Award from Parker Hannifin, Electromechanical Division of New Ulm, Minnesota to manufacture Parkers electronic circuit board assemblies. Parkers circuit board assemblies are targeted to generate approximately $1.5 to $2.0 million in annual sales with Winland. Dale Nordquist, Winland's Sr. VP Sales and Marketing, stated, We are excited to be awarded this Network Procurement Award from Parker Hannifin, and to be their circuit board assembly partner in the years ahead. Nordquist added, "Parker will be an outstanding new customer for us as our design services, manufacturing capabilities, and customer support services seamlessly align with Parker Hannifins strategic supplier requirements. This announcement solidifies the execution of our corporate initiative to further diversify or customer base." Jerry Derner, Parkers New Ulm Plant Manager, stated, "After we met with Winland's staff, toured their facility, and reviewed their capabilities, we knew Winland would be a good fit with our specific requirements and long term strategy." Parker Hannifins Electromechanical Division designs and manufactures DC servo motors, digital and analog motor controllers, amplifiers and linear motion products targeted to a diverse market including medical, industrial, automation, amusement attraction and test applications. Winland Electronics, based in Mankato, Minnesota, is a full service contract design and manufacturing company, and also markets proprietary products for the security/industrial marketplace. For more information, please visit www.winland.com. Parker Hannifin Corporation is a diversified manufacturer of motion and control technologies, providing systematic precision-engineered solutions for a wide variety of commercial, mobile, industrial and aerospace markets. For more information, please visit www.parker.com.Source: PCBnewsline

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