June 28, 2006

FOR RELEASE:  Immediately

CTS ANNOUNCES NEW $100 MILLION CREDIT FACILITY
 

Elkhart, IN…CTS Corporation (NYSE: CTS), today announced that it has entered into a new bank agreement that provides the company with an unsecured revolving credit facility of $100 million for a five-year term through June 27, 2011. The new facility includes a $50 million accordion feature and will be used for general corporate purposes, including strategic acquisitions.  The new credit facility replaces the Company’s existing three-year $75 million facility that was scheduled to expire in July 2007.

Vinod Khilnani, Senior Vice President and Chief Financial Officer, said, “Our new expanded facility will provide us with enhanced financial flexibility at more favorable terms, and unlike the previous credit facility, will not require any collateral or pledges of company assets. This transaction reflects our syndication partners’ continued confidence in CTS and provides even greater banking capabilities and resources.”
 

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.