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We were founded as a solutions-oriented company,
designing and manufacturing products to suppress or eliminate electromagnetic interference ("EMI").
In recent years, we broadened our focus and product lines to become a control products and systems company,
providing a wide range of components and systems used to condition, regulate, transmit, receive,
or govern electronic performance. Although our components and systems are used in many industries worldwide,
our largest markets are military/aerospace and telecommunications equipment which represented 54.0% and 26.0%,
respectively, of our fiscal 2006 sales. Military/aerospace applications for our products include
missile defense systems, smart weapons and munitions, secure communications, simulation equipment,
and avionic upgrades. In telecommunications, our products are used in numerous systems including
wireless base stations, broadband switching equipment, global positioning systems, and optical networks.
Automotive represents an emerging market for our products, with significant applications in DC motors,
telematics, and electronic safety controls. Other markets for our products include medical instrumentation,
industrial equipment, computers, and storage devices.
Our operations are currently conducted in
four reportable segments: signal and power integrity components; microwave
components and systems; power management systems; and sensors and controls. Our
Signal and Power Integrity Components Business designs and manufactures a broad
range of products including low pass EMI filters, filter plates, filtered
connectors, specialty ceramic capacitors, power entry modules, power line
filters, and our motor line feed thru ("MLFT") filters. Our Microwave Components
and Systems Business designs and manufactures microwave filters, waveguides,
amplifiers, frequency mixers, oscillators, synthesizers, multiple channel filter
banks, and related products and integrated assemblies. The Power Management
Systems Business designs and manufactures breaker and fuse interface panels,
custom power outlet strips, and our Smart Start power management systems. Our
recently created Sensors and Controls Business designs and manufactures rotary
and linear precision sensors, temperature sensing probes, thermistors,
resistance temperature detector sensors, and related assemblies.
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Spectrum Control retains Mellon Investor Services as stock transfer agent and
registrar. To report address changes, lost certificates, or changes in
registered ownership, shareholders should write or call: Spectrum Control, Inc.,
c/o Mellon Investor Services, P.O. Box 3315, South Hackensack, NJ 07606;
1-800-851-9677; or visit their website at www.mellon-investor.com.
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Security analysts, portfolio managers and shareholders should direct their
inquiries and information requests to: John P. Freeman, Senior Vice
President and Chief Financial Officer, Spectrum Control, Inc., 8031 Avonia Road,
Fairview, PA 16415; (814) 474-4312.
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