XTech Names New Chief Financial Officer

August 20, 2002

XTech, a leading manufacturer of custom aluminum enclosures and front panel systems for electronics equipment, today announced that it has named Rick White as new chief financial officer.

White was previously Chief Financial Officer for Automatic Machine Products Company in Attleboro, Mass. His responsibilities at XTech will initially focus on the implementation of a company-wide ERP system, as well as the establishment of a costing system.

XTech also announced that Debby Stein-Sharpe, who has been serving as CFO, has been named company treasurer.

About XTech

Founded in 1945, XTech is a leading supplier of extruded aluminum front panels and enclosures for the electronics, telecommunications and networking industry. The company has captured significant market share by using extruded aluminum in place of traditional sheet metal and plastic. Its products are used today with modems, computer peripherals, medical electronics, electronic instruments, instrument cases, keypads and hand held controllers. Compared to other materials, extruded aluminum offers superior RFI/EMI shielding, heat dissipation, ruggedness, lighter weight, fewer assembly steps and lower system costs.

XTech also introduced 'Tech-Panels" and "Tech-Boxes" - customized, fast turn products that enabled the company's successful entry into the telecommunications industry. In the early 90's, the company became one of the first in its industry to gain ISO certification, and today meets rigid ISO9001-2000 standards. Among its clients in the telecommunications and electronics industries are: Lucent Technologies, 3Com, Cisco Systems, Marconi, Solectron, and Flextronics.

For more information, contact XTech at 781-963-7200, or visit the website at www.xtech-outside.com.