CHICAGO, IL -- (Marketwire) -- 06/22/10 -- Methode Electronics, Inc. (NYSE: MEI), a global developer of custom engineered and application specific products and solutions, announced the launch of its new Web site at www.methode.com. The new Web site reflects the transformation of Methode from a legacy automotive supplier to a leading developer of custom-engineered and application specific products and solutions with global design, manufacturing and testing capabilities.
President and Chief Executive Officer Donald W. Duda, said, "Over the last several years Methode has diversified its end markets and geographic reach, restructured its operations to improve its global manufacturing footprint, as well as exited the manufacturing of low margin products in order to focus its efforts on growth opportunities within the User Interface, Sensor, Power, and Data markets.
"The new Web site contains comprehensive information about all of the business groups under the Methode umbrella. It also distinguishes the Company from its competition and shows our current and potential customers that we are truly providing innovative, differentiated, and engineered solutions that allow our customers to amplify and accelerate their competitive advantage."
Mr. Duda concluded, "The new Methode.com clearly articulates the possibilities that Methode provides, gives a visual representation of our breadth of applications, showcases our best-in-class manufacturing capabilities, and provides broad content about our solutions as well as detailed information about Methode's individual products."
To learn more about Methode Electronics, please visit the Company's new Web site at www.Methode.com.
About Methode Electronics, Inc.Methode Electronics, Inc. (NYSE: MEI) is a global designer and manufacturer of electro-mechanical devices with manufacturing, design and testing facilities in the United States, Malta, Mexico, United Kingdom, Germany, Czech Republic, China, Singapore and India. We design, manufacture and market devices employing electrical, electronic, wireless, sensing and optical technologies to control and convey signals through sensors, interconnections and controls. Our business is managed on a segment basis, with those segments being Automotive, Interconnect, Power Products and Other. Our components are in the primary end markets of the automobile, computer, information processing and networking equipment, voice and data communication systems, consumer electronics, appliances, aerospace vehicles and industrial equipment industries. Further information can be found on Methode's Web site www.methode.com.
For Methode Electronics, Inc. - Investor Contacts:Philip Kranz
Dresner Corporate Services
312-780-7240
pkranz@dresnerco.com
Kristine Walczak
Dresner Corporate Services
312-780-7205
kwalczak@dresnerco.com