Curtiss-Wright Acquires Everlube Products

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Curtiss-Wright Acquires Everlube Products

NEWS RELEASE
Everlube Products
Contact : Customer Service
Phone: 800-428-7802

May 18, 2004 – Curtiss-Wright Corporation (NYSE: CW; CW.B) today announced the acquisition of selected assets of the Everlube® Products Division of Morgan Advanced Ceramics Inc. Everlube Products is a pioneer and leader in manufacturing solid film lubricant (SFL) and other specialty engineered coatings with more than 180 formulations available. Everlube coatings include well-known, proprietary brands such as Everlube®, EverSlik®, Lube-Lok®, Lubri-Bond®, Perma-Slik®, Kal-Gard®, Electrobond®, Electrolube®, Formkote®, Henderlube®, Ecoalube®, Esnalube®, and Henco-Mask®.

Everlube® Products’ engineered coatings improve the functional performance of metal components in lubrication, temperature and corrosion resistance. The coatings are developed for use in high performance, niche applications and are generally either “approved for use” or “specified” after extensive testing and evaluation by a customer. Customers include original equipment manufacturers (OEMs), commercial metal finishers and distributors for use in aerospace, automotive, general industrial, electronic, military and medical applications. Everlube coatings are extensively specified by OEMs, with more than 1,000 specifications currently active. In addition, many military and US Department of Defense agencies have qualified Everlube coatings.

“The Everlube® Products acquisition is an integral piece of our strategy to provide high performance metal treatment products and services to our customers,” said Martin R. Benante, Chairman and CEO of Curtiss-Wright. “In addition, it provides further diversification of our traditional shot peening and heat treating services while staying within our core business of specialized metal treatment services.”

About Curtiss-Wright
Curtiss-Wright Corporation is a diversified company headquartered in Roseland, New Jersey. The company designs, manufactures and overhauls products for motion control and flow control applications, and provides metal treatment services. The firm employs approximately 4,500 people worldwide. More information on Curtiss-Wright can be found at www.curtisswright.com