Discussions are under way between the parties and no final agreement has been reached.
If this acquisition is consummated, it would expand and strengthen our position in Europe, as well as expand our customer base and manufacturing capacity. ACT Manufacturing, Inc., headquartered in Hudson, Massachusetts, provides value-added electronics manufacturing services for original equipment manufacturers in the networking and telecommunications, computer and industrial and medical equipment markets. The Company provides OEMs with complex printed circuit board assembly primarily utilizing advanced surface mount technology, mechanical and molded cable and harness assembly, electro-mechanical subassembly, and total system assembly and integration. The Company has operations in California, Georgia, Massachusetts, Mississippi, Mexico, Ireland and Taiwan. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated, including statements concerning the potential acquisition of the Bull operations, the affects of any such acquisition, expected financial and operating results, synergies, growth of the customer base, future customer shipments, and the plans and objectives of management.