MANAGEMENT BUY-OUT NEWS Cattron Founder Steps Down

SHARPSVILLE, Pennsylvania Founder and chairman of the CATTRON GROUP, Jim Cattron, has stepped aside. He has sold his interest in the company to a group of senior management and Weatherly Private Capital LLC. This transaction reinforces management's commitment to worldwide leadership in industrial remote control technology.

With more than 56 years of radio frequency (RF) and industrial remote control experience, CATTRON-THEIMEG has implemented over 10,000 railroad-related installations throughout the world. Cattron-Theimeg has a total installed base of over 100,000 remote-controlled systems globally in a variety of industries including mining, material-handling, railroads, shipyards, aerospace, steel, military and many more.

Cattron-Theimeg has operations in the United States, Canada, United Kingdom, South Africa, Brazil and Europe, and is supported by an extensive sales and distribution network throughout North and South America, Asia, Africa and Australia. Learn more about what Cattron-Theimeg can do to increase productivity and safety at your operation at www.cattron-theimeg.com/canada.