Probe Manufacturing Secures $500,000 Aerospace Contract

IRVINE, Calif.--(BUSINESS WIRE)--Probe Manufacturing, Inc. (OTCBB:PMFI), a global electronics design, manufacturing, and services company, is pleased to announce that it has secured an aerospace manufacturing purchase order with an approximate gross revenue value of $500,000. The contract includes electronics manufacturing of flap actuators and flight-critical devices. Probe began building prototypes for the customer several months ago and as result of their performance and capabilities, the relationship has grown from prototyping into full production.

“This contract has excellent potential to unlock new business opportunities. We now have a number of projects within our targeted markets, providing for a revenue with more stability; and exposure to a wide range of customers including new defense and aerospace partnerships.”

This contract is in line with Probe’s growth strategy, which focuses on our end-to-end manufacturing capabilities, customer-centric management teams and utilization of Probe’s global supply chain management allowing for lower cost and faster time to market for our clients.

Commenting on the new contract, Probe Manufacturing’s CEO, Mr. Kam Mahdi, said, “This contract has excellent potential to unlock new business opportunities. We now have a number of projects within our targeted markets, providing for a revenue with more stability; and exposure to a wide range of customers including new defense and aerospace partnerships.”

About Probe Manufacturing, Inc.

Probe Manufacturing is a global electronics design, manufacturing, and services company providing innovators with business services through our factory in California as well as factories Worldwide. Headquartered in Irvine, California, Probe has been serving industrial, instrumentation, medical, aerospace, defense, and automotive industries since 1994. Probe’s common stock is traded on the bulletin board under the symbol PMFI.OB. Further information is available on Probe’s website: www.probeglobal.com.

This release contains certain forward-looking statements (under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) with respect to whether Probe’s new contract will be financially beneficial to the Company, provide stable revenue and unlock new business opportunities for the Company. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the following: uncertainties relating to changes in general economic and market conditions; uncertainties regarding changes in the EMS industry; the uncertainties relating to the implementation of our global business strategy; and other risk factors as outlined in the company’s periodic reports, as filed with the U.S. Securities and Exchange Commission. Forward-looking statements in this document speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events. We claim the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.