Press release

PEI-Genesis Promotes Peter Austin to General Manager North America and Corporate Senior Vice President

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PEI-Genesis,
the world’s fastest assembler of precision connectors, has promoted
Peter Austin to General Manager North America and Corporate Senior Vice
President, effective immediately. He will continue to report directly to
Steven Fisher, PEI-Genesis Chairman and CEO.

“Since joining PEI-Genesis in 2016, Peter has proven to be a valuable
leader and an unparalleled strategic thinker in working to move the
business forward,” said Fisher. “With his decades of experience in the
electronics industry, his innovative thinking, and his ability to lead
teams across North America, we have many accomplishments to tout, all
directly related to his work.”

In addition to his current responsibilities, in his new General Manager
role, Austin will have responsibility for all operations in North
America, including the company’s production facilities in South Bend,
IN, Chandler, AZ, and Nogales, Mexico. He’ll also have leadership of the
company’s North American Sales units.

“My tenure at PEI has been a whirlwind of challenges that the team has
tackled with energy and great success,” said Austin. “Looking ahead, I’m
even more optimistic as we work as a team around the globe to ensure PEI
remains the leader in our space.”

Before joining PEI-Genesis in 2016, Austin was Vice President of Global
Sales & Marketing at NXP Semiconductors and prior to that, served as
Director of Global Business Management at National Semiconductor where
he oversaw the company’s product portfolio, leveraging and maximizing
product line revenues through price and margin optimization strategies.
He also spent 13 years with Future Electronics in various roles
including Director and Worldwide Business Manager, Corporate Product
Marketing.

About PEI-Genesis

PEI-Genesis is one of the world’s fastest assemblers of precision
connectors and cable assemblies. From the largest connector component
inventory in the world, they develop engineered solutions that support
the military, industrial, medical, aerospace, transportation, and energy
sectors worldwide. Headquartered in Philadelphia, PA, PEI-Genesis has
production facilities in South Bend, IN; Chandler, AZ; Nogales, MX;
Southampton, UK; and Zhuhai, China as well as sales offices throughout
the Americas, Europe and Asia. More information may be found at www.peigenesis.com.