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CTS
CORPORATION Elkhart, Indiana 46514 (574) 293-7511
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June 27, 2006
FOR RELEASE: Immediately
CTS Selected By Puno For TD-SCDMA
Oscillator
Elkhart, IN…CTS Corporation (NYSE: CTS), a leading global provider of electronic
components, has been selected to provide a precision voltage-controlled crystal
oscillator (VCXO) to Puno, a joint venture of China-based Potevio and
Finland-based Nokia, for TD-SCDMA Communications Equipment.
The cost effective Model 325 VCXO exhibits excellent phase noise performance, an important requirement for base station radios. The part has also been shown to possess superior reliability through extensive testing in accelerated stress environments. CTS operations in Tianjin, China, will support the business.
“We are very proud to be supporting Puno for this project,” said Bret Robertson, Vice President and General Manager of CTS Electronic Components, Inc. “It is an exciting opportunity to support the deployment of TD-SCDMA.”
TD-SCDMA is expected to take a large share of the future 3G market in China, according to industry executives and analysts.
Potevio, formally known as China Putian Corp of Beijing,
China, is a leading provider of products, services and solutions for
telecommunications network applications.
About CTS
CTS is a leading designer and manufacturer of electronic components and
sensors and a provider of electronics manufacturing services (EMS) to OEMs in
the automotive, computer, communications, medical and industrial markets. CTS
manufactures products in North America, Europe and Asia. CTS' stock is traded on
the NYSE under the ticker symbol "CTS.”
Safe Harbor Statement
This press release contains certain statements that are, or may be deemed to
be, forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements include, but
are not limited to, any financial or other guidance, and all statements that are
not based on historical fact, but rather reflect our current expectations
concerning future results and events. We make certain assumptions when making
forward-looking statements, any of which could prove inaccurate, including, but
not limited to, statements about our future operating results and business
plans. The ultimate correctness of these forward-looking statements is
dependent upon a number of known and unknown risks and events, and is subject to
various uncertainties and other factors that may cause our actual results,
performance, or achievements to be different from any future results,
performance, or achievements expressed or implied by these statements.
For more detailed information
on the risks and uncertainties associated with CTS' business activities, see our
reports filed with the SEC. CTS undertakes no obligation to publicly update its
forward-looking statements, whether as a result of market or industry changes,
new information or future events.
| Contact: | Vinod M. Khilnani, Senior Vice President and Chief Financial
Officer, or Mitchell J. Walorski, Director of Investor Relations |
| CTS Corporation, 905 West Boulevard North, Elkhart, IN 46514 | |
| Telephone: (574) 293-7511, Fax: (574) 293-6146 | |
| www.ctscorp.com |