Precision Resource

California Division achieves ISO/TS 16949 Certification

Huntington Beach, CA, June 6, 2006 – Precision Resource, Inc., a leader in the supply of precision metal components manufactured with the fineblanking technology, today announced that its California Division has achieved Certification of ISO/TS 16949:2002 compliance.

ISO/TS 16949 is a quality management system standard for automotive related manufacturing companies. ISO/TS 16949 is a process-approach methodology with a focus on achieving customer satisfaction. This standard follows the outline of ISO9001:2000 with added automotive specific requirements.

“We have always strived to exceed our customers’ expectations and the QS/TS 16949 standard will help us to continue our focus on our customers’ requirements and improving our products and services,” said Robert Fitzgerald, Division Manager of the California Division. “We are very proud of the effort that the entire PR-CA team made to transition to our systems to comply with the QS/TS 16949 standard.”

Located in Huntington Beach, CA, the California Division specializes in the supply of high-volume fineblanked components, machined components, and assemblies. The division markets its products primarily to the automotive, electronics, and cutlery markets. The division employs a wide array of secondary finishing technologies, including grinding, lapping, welding, automated assembly, and CNC machining in order to supply complete ready to assemble component solutions to its customers.

Fineblanking is a high precision metal forming process used extensively in the automotive, heavy duty, electronics, medical, lawn and garden, and general industrial industries. This unique process creates parts with very tight dimensional tolerances, excellent flatness, and with very little variation from part-to-part throughout long production runs. These characteristics lead designers to specify fineblanked components for their most critical applications.

Precision Resource has seven production facilities in the United States and Canada. In addition to the facility in California, the company operates plants in Ft. Lauderdale, FL; Vernon Hills, IL; Mt. Sterling, KY; Cambridge, Ontario; Kitchener, Ontario; and Shelton, CT, which also houses the corporate headquarters and the Tool & Machine Division. For more information regarding the company, visit our company page.

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1. Intended Recipients

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Electronic communications are intended as a convenient way to exchange information, but are not intended to create any legally binding obligation on Precision Resource.

No employee, representative, or agent of Precision Resource is authorized to conclude any legally binding agreement, or make any legally binding representations or warranties, on behalf of Precision Resource by electronic communication (other than through authorized EDI transactions) without the express written confirmation of an officer or director of Precision Resource. Any representation to the contrary may not be relied upon by the recipient of the electronic communication. Any electronic communications sent to Precision Resource purporting to legally bind Precision Resource in any way shall have no force or effect. Precision Resource’s

Standard Terms and Conditions, available at www.precisionresource.com, apply to all electronic communications.

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Any information contained in electronic communications and any attachments thereof relating to the business of Precision Resource or any of its employees, shareholders, customers or suppliers is confidential and may be privileged.

Any such information shall not be disclosed to any third party or used for any purpose other than the purpose intended by the Precision Resource sender and is subject to the confidentiality provisions contained in Precision Resource’s Standard Terms and Conditions, available at www.precisionresource.com. The inadvertent misdirection of an electronic communication containing confidential or privileged information shall not constitute a waiver of Precision Resource’s rights with respect to such confidentiality (including trade secrets) or privilege. Any electronic communication from a Precision Resource sender to or from its legal counsel, including in-house legal counsel, shall be presumed subject to the attorney-client privilege even if others are copied on such communications.

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Information, views and opinions contained in an electronic communications express the opinion of the sender and not necessarily the opinion of the Company. Precision Resource policy prohibits the use of electronic communications in any harassing, illegal or discriminatory manner or that infringes or violates the rights of others. Any communications contrary to such policy are not authorized by Precision Resource and are outside the scope of employment of the sender. The company will not accept any liability in respect of any such communication. Email communications to and from Precision Resource may be monitored to ensure compliance with internal policies.

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By its nature, electronic communication is subject to risk. Electronic communications are not secure and cannot be guaranteed to be error free as they can be intercepted, delayed, mis-directed, amended, altered, corrupted, lost or destroyed. Additionally, although Precision Resource takes reasonable and customary measures to ensure that outgoing electronic communication is free of virus infection, such infection remains a possibility. The recipient should check any electronic communications and any attachments for the presence of viruses. Precision Resource accepts no liability for any intercepted, delayed, mis-directed, amended, altered, corrupted, lost or destroyed messages, any errors or omissions in the content of any electronic communication, or any damage caused by viruses resulting from electronic communications from Precision Resource.

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