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Press Release
Ceralta Technologies Completes Divestiture of Sage Laboratories, Inc.
PEABODY, MA, June 18, 2010 - Ceralta Technologies, Inc. announces the divestiture of Sage Laboratories, Inc. to Spectrum Microwave, a wholly-owned subsidiary of Spectrum Control, Inc. Sage Laboratories designs and manufactures active and passive RF and microwave components and subsystems for applications in the space, defense, medical and commercial markets.
Sage Laboratories, in addition to TRU Corporation, was a wholly owned subsidiary of parent company Ceralta Technologies, Inc. TRU Corporation continues to operate as a subsidiary of Ceralta Technologies and the foundation for future growth and acquisition activities. Linda Moulton, CEO of Ceralta Technologies, outlines "The divestiture of Sage Laboratories allows us the opportunity to refocus our core strategy around the growth opportunities in our interconnect business with TRU Corporation. The heritage of innovation and experience at TRU will allow us to significantly expand into adjacent new markets with our core interconnect products. Ceralta will pursue synergistic interconnect acquisitions and partnerships to enhance our ability to satisfy important customer needs."
About TRU Corporation
TRU Corporation is headquartered in Peabody, Massachusetts with sales presence around the globe. TRU is a leader in the design, development and manufacture of custom, high performance RF interconnect solutions for diverse markets including defense, aerospace, commercial wireless, ISM, test & measurement and emerging alternate energy.
