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Press Release

Acquisition of Hotsplicer

February 1, 2000

Effective immediately, G&W Electric Company, Blue Island, IL, has purchased the assets of the Hotsplicer Corporation, Waucanda, IL, including the rights to all their product lines. G&W will continue to manufacture the products at Hotsplicer's facility for the immediate future although plans to move manufacturing to its ISO 9001 Blue Island facility later in the year.

Hotsplicer Corporation has been a quality supplier of epoxy resin products to the electric utility market since 1975. Products include encapsulated vacuum switches, current limiting fuses, junction bars, apparatus bushings, transition modules, and field molded splices.

"The acquisition of Hotsplicer's epoxy resin technology and existing products are an ideal compliment to G&W's core competencies in medium and high voltage products", explains John H. Mueller, G&W president. "G&W has been a supplier of electrical engineered cable accessory and switchgear products to the utility and industrial markets since 1905. The addition of Hotsplicer will immediately expand our product offering and will play a key role in the technological advances in our next generation products."

G&W is a ISO 9001 certified global supplier of SF6 load and fault interrupting switchgear; automatic transfer and distribution automation control packages; distribution and transmission cable terminations and joints; and current limiting protectors through 38kV, 5000A continuous.

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