FOR IMMEDIATE RELEASE

Myers Acquires Ryco Electrical Products

SANTA FE SPRINGS, CA, AUGUST 6, 2003 -  Myers Power Products, Inc. has acquired all assets of Ryco Electrical Products, a manufacturer of electrical switching gear with facilities in Pomona, California. The transaction, completed on July 7, 2003, is representative of Myers' continuing expansion and development of emergency lighting inverters, frequency converters, electrical service pedestals, and other power-related products manufactured in California and in its corporate headquarters, located in Bethlehem, Pennsylvania. 

Ryco provides a range of commercial metering switchboards including main circuit and distribution sections, CT meter mains, and lever-bypass or K-Base style multi-metering. Bruce Steigerwald, General Manager of Myers Power Products, Inc. notes, "the Ryco product line will be a welcome addition alongside our existing Myers Power service pedestals and cabinets. This enables us to better serve a wider range of customer needs and requirements."

As an innovative leader in the electrical field, Myers Power Products, Inc. designs and manufactures an extensive product line including lighting inverters; transformers; and complete UPS systems for traffic, lighting, and computer applications; in addition to electrical service pedestals and specialty enclosures. Additionally, the BEST-Lites lighting inverters complement the Myers product offerings and advanced frequency converters and power inverters are offered by Myers/Abacus.

Myers Power Products, Inc. Corporate Headquarters are located at 725 E. Harrison, Corona, California 92879 and our website is on line at www.myerspowerproducts.com
 

Contact
Diana Grootonk
Chief Operating Officer
(951) 520-1900
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Contact 
Tom Rothenberger 
Executive Vice President
(951) 520-1900  
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