18 March 2003
BreconRidge Closes $30 million Equity Investment and Adds to the Board of Directors

Ottawa, Ontario (March 18, 2003) - BreconRidge Manufacturing Solutions Corporation a top 50 global electronics manufacturing services ("EMS") company, announced today the successful completion of an equity financing totaling $30 Million with EdgeStone Capital Partners ("EdgeStone"). BreconRidge is also pleased to announce that Messrs. Gilbert S. Palter, C.O.O. and Managing Partner, and Guthrie J. Stewart, Partner, both of EdgeStone, will be joining the Board of Directors of BreconRidge. CIBC World Markets acted as lead agent on the transaction.

Bruce Rodgers, President and C.E.O. of BreconRidge commented, "This equity financing represents a significant milestone in the development of BreconRidge. BreconRidge was founded in August 2001 with the objective of creating a new breed EMS company, one focused on complete operations partnership with our customers, rather than the traditional model of outsourced manufacturing. This partnership approach emphasizes up front engineering service, supply chain management services, and post manufacturing services including logistics and repair services. Over the past eighteen months, we have continued to expand our customer base and diversify our end markets. I view this investment by EdgeStone as an endorsement of the Company's vision and its ability to succeed in its chosen markets."

"With this equity financing in place, our working capital position is significantly strengthened and we are now well positioned to enter the next phase of our growth," continued Mr. Rodgers.

"Over the past six months, we've had the pleasure of working closely with Bruce and his management team in the development of a successful partnership between our respective firms", said Mr. Stewart of EdgeStone. He added, "I've seen first hand how BreconRidge is capable of securing new customers and delivering value to existing customers. BreconRidge's value proposition, supported by a strong engineering focus and a deep capability in logistics and repair, has been well proven. The Company and its team have, without a doubt, met our principal investment criteria by demonstrating passion, excellence, speed, and trust. I am looking forward to working closely with Bruce and the rest of the BreconRidge team in our new relationship."

About BreconRidge:
Headquartered in Ottawa, Canada, BreconRidge is a global provider of a full range of electronics manufacturing services ("EMS") from facilities located in Canada, the United States, the United Kingdom and China. Ranking in the top 50 EMS companies globally, BreconRidge provides its customers with a complete operations model. Servicing the needs of established and emerging original equipment manufacturers in the communications, industrial and consumer market sectors, BreconRidge provides design, process and test engineering services, component sourcing, global procurement, supply chain management, manufacturing, order fulfillment, and distribution services, along with after sales support, including product repair, refurbishment, warranty tracking and complete logistics services.

About EdgeStone:
EdgeStone Capital Partners manages in excess of $1.3 billion across five private capital funds, making it one of Canada's largest independent providers of capital to the mid-market. EdgeStone Capital Partners provides capital, strategic direction and business and financial advice to help promising early-stage and mid-market companies achieve their full potential. EdgeStone also leverages the resources of its broad business network and ensures an alignment of interests to achieve superior returns for all stakeholders.

For further information, contact

Bruce Rodgers
President and Chief Executive Officer
BreconRidge Manufacturing Solutions Corporation
T: 613.271.7266
Email:bruce_rodgers@breconridge.com

Shaun McEwan
Executive Vice President and Chief Financial Officer
BreconRidge Manufacturing Solutions Corporation
T: 613.271.7266
Email:shaun_mcewan@breconridge.com

Gilbert S. Palter
COO and Managing Partner, Equity Fund
EdgeStone Capital Partners
T: 416.860.3760
Email:gpalter@edgestone.com