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| SYPRIS WINS CONTRACT TO PROVIDE METROLOGY SERVICES TO KODAK | ||||||
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ORLANDO, Fla. (December 20, 2005) Sypris Test & Measurement, Inc., a subsidiary of Sypris Solutions, Inc., (Nasdaq/NM: SYPR) today announced that it has been awarded a multi-year contract from Eastman Kodak Corporation. Under terms of the contract, Sypris Test & Measurement will provide a suite of on-site and depot services to Kodak's Rochester, New York campus including all metrology-related functions. Sypris will provide Kodak both logistical and technical services related to the calibration and repair of electrical, mechanical and thermodynamic test and measurement equipment. "This award culminates a lengthy evaluation and selection process conducted by Kodak to replace a world class internal operation," said Cliff Ambrose, Sypris' national accounts manager. "This is a significant contract for Sypris and we look forward to serving the needs of Kodak's Rochester campus." Kodak is the leader in helping people take, share, print and view images for memories, for information, for business, and for entertainment. With sales of $13.5 billion in 2004, the company is committed to a digitally oriented growth strategy focused on four businesses: Digital and Film Imaging Systems, Health, Graphic Communications, and Display and Components. Sypris Test & Measurement President & CEO Kathy Smith Boyd added, "This contract demonstrates our continued expansion in the commercial test and calibration arena through long-term partnerships with global companies such as Kodak." Sypris Test & Measurement, Inc. is a leading provider of calibration services, test and component sourcing services, and specialty products to major corporations and government agencies. Sypris serves customers in a variety of markets, including military, aerospace, avionics, telecommunications and more. With over 40 years of component sourcing and product testing experience in locations across the U.S., Sypris is qualified to provide cost effective, independent engineering and test support for a variety of specific test needs. More information about Sypris Test & Measurement's component and product testing services is available on the Internet at www.WeTest.com, or by calling 800-839-4959. For more information, contact: Dennis Dean (414) 274-3002 ddean@insidesh.com Cliff Ambrose (717) 495-9463 cliff.ambrose@sypris.com | ||||||
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