Cornerstone
 

CENTURION CLOSES ACQUISITION OF ALLGON MOBILE COMMUNICATIONS
Combined Companies Create World’s Leader in Mobile Antenna Manufacturing

New York, NY - November 12, 2002 - Cornerstone Equity Investors IV, LP today announced its portfolio company, Centurion Wireless Technologies, Inc., has completed the acquisition of Allgon Mobile Communications (AMC), a division of Swedish based Allgon AB. Allgon Mobile Communications is a global designer and manufacturer of antennas for mobile phones and communication devices with operations in Akersberga, Sweden and Beijing, P.R.C. The acquisition, nearly doubling Centurion’s global production capabilities, makes Centurion the world’s leading engineering designer and manufacturer of antennas for the wireless communications industry.

“Centurion and Allgon Mobile Communications have complementary antenna product lines, engineering vision and operating philosophies,” said Gary Kuck, president and CEO of Centurion. “Allgon Mobile Communications brings a unique combination of engineering and high volume manufacturing that will enable Centurion to continue to extend its market position.”

Like Centurion, Allgon Mobile Communications develops, manufactures, and markets a variety of antennas for mobile devices. With access to AMC’s complementary mobile antenna product line, Centurion is able to enhance its line of diverse antenna products. AMC also brings deep expertise in RF, electrical and mechanical engineering, further underscoring Centurion’s position as one of the world’s leading RF designers and manufacturers.

In addition to its strong existing relationships with European mobile OEM customers, AMC will further strengthen Centurion’s sales, service and manufacturing capabilities. Centurion will be able to build stronger relationships with their existing customers and AMC’s customers by offering manufacturing capabilities at six manufacturing facilities and engineering support at six design centers around the globe.

Centurion Wireless Technologies, Inc. is a global designer and manufacturer of innovative wireless antenna and power products. The company holds multiple U.S. and international patents and is an ISO 9001 and QS9000 registered company. The Company supplies mobile wireless device manufacturers including, Nokia, Motorola, Sony-Ericsson, Dell Computer and Cisco among others. Founded in 1978 by Gary and Susan Kuck, and backed and advised by Cornerstone Equity Investors, LLC of New York, Centurion is headquartered in Lincoln, Nebraska with additional facilities in Shanghai, P.R.C.; Aylesbury, U.K.; Seoul, S. Korea; and Penang, Malaysia. For more information, please visit www.centurion.com.

Cornerstone Equity Investors, LLC is one of the largest and most experienced private equity firms in the United States. Since 1984, the professionals of Cornerstone have raised over $1.2 billion in committed capital. Cornerstone focuses on lower middle market leveraged buyouts of corporate divisions, closely held private companies and micro and small capitalization public companies in the business services, consumer, healthcare and technology manufacturing industries. For more information, please visit www.cornerstone-equity.com.