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AGSE Agrees to Purchase the Stanley Aviation Ground Support Equipment Product Line from Eaton

Advanced Ground Systems Engineering LLC (AGSE) is pleased to announce the signing of an agreement to purchase the assets of Eaton Corporation’s ground support equipment product line, which operates under the Stanley Aviation trade name and had sales in the prior 12 months of $3.0 million.

AGSE plans to combine the engineering, manufacturing, sales and support of Stanley GSE products with those of their own at their headquarters in Santa Fe Springs, CA. “AGSE is excited by this opportunity to expand and supplement our product lines of Aircraft and Jet Engine Ground Support Equipment and plans to continue to market and support Stanley GSE as part of the family of AGSE products,” said Diane Henderson, President. “During this transition, we appreciate the patience of the GSE customers and will provide additional information following the closure of the transaction.”

For additional information, please contact the following AGSE and Eaton representatives: AGSE:

Mr. Frank Judge, Chief Operating Officer, Email: f.judge@agsecorp.com, Phone: +1-562-906-9300, Fax: +1-562-906-9308

Eaton: Mr. Tony O’Meara, Business Development Manager, Email: TonyGO’Meara@Eaton.com, Phone: +1-401-473-2415