Press release

Intervala Acquires Ohio Electronics Business from NEOTech Inc.; Expands Top-Tier Global Customer Base

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Intervala LLC, a full-service manufacturer of high-reliability, precision electronic and electromechanical products, today announced it has acquired certain assets of NEOTech Inc.’s manufacturing business in Mason, Ohio. The acquisition expands Intervala’s global customer base through the addition of several top-tier customers in the medical device and industrial markets.

Intervala intends to gradually transition the Mason business, which focuses on low-to-medium volume, higher mix electronics production, to its existing manufacturing locations in the greater Pittsburgh and Boston regions.

“The acquisition of NEOTech’s Mason business presented Intervala with a unique opportunity to further advance our growth strategy and expand our customer base in key target markets,” said Teresa Huber, president and CEO. “We commend the NEOTech team for building successful, longstanding relationships with a notable customer list and are extremely pleased to welcome these customers to Intervala.”

“Intervala was the perfect fit as the manufacturing partner for our top-tier customers in Mason,” said Kunal Sharma, president of NEOTech Inc. “The company has an outstanding reputation for its operational excellence and commitment to customer satisfaction. Although our Mason facility no longer fit NEOTech’s larger business strategy, we are delighted that the clients we served there remain in excellent hands with Intervala.”

About Intervala

At Intervala, we tailor intelligent manufacturing solutions to each customer’s unique requirements. We are a full-service manufacturer of complex, high-performance printed circuit board assemblies, electromechanical systems, and cable and harness assemblies for global customers in the industrial, medical, transportation and defense markets. Our team draws on decades of experience to bring a fresh approach to problem-solving by combining turnkey manufacturing capabilities, a full suite of engineering expertise, new product introduction, supply chain management, and global fulfillment services to deliver smart, innovative solutions. Intervala has manufacturing operations in the Greater Pittsburgh and Greater Boston areas. To learn more, visit www.intervala.com.