GENESIS NEWS & EVENTS

September 18, 2007 - Genesis Electronics Manufacturing, Inc. (GEM) announced today the addition of another Medical Device customer to its growing base of electronics manufacturing clients. As an Electronic Manufacturing Services (EMS) supplier GEM attained its highly regarded ISO: 13485 certification in 2003. Since that time the medical device market has become GEM's fastest growing business segment. "Today medical device customers account for about 28% of our manufacturing business," said Scott Mauldin, president of GEM. "By year end we anticipate our medical customers will make up 30% of our manufacturing revenue, which is in line with our market strategy. While we continue to experience expansion in our other market segments, such as Industrial Controls, Communications Equipment, Aerospace and Security Products, our growth in the medical electronics segment is outpacing those other areas."

March 28, 2007 – Genesis Electronics Manufacturing, Inc. ("GEM"). GEM announced today that it will be showcasing its expanded supply chain solutions at the SMTA conference in Atlanta on April 19^th. “The back end of the product life-cycle has long been underserved from a total supply chain perspective”, said Scott Mauldin, President. We added to our manufacturing offering Warranty and Post Warranty Service and received a great response. This naturally led us to ask questions about other service issues our customers face.  Almost unanimously we heard that the greatest hidden cost per unit is on the tail end of the production curve when OEM’s are forced to make last time build and buy decisions. Our goal is to provide flexibility on the back end so that OEM’s can more closely match supply with demand by providing late product life and end of life manufacturing support.

February 28, 2007 – Genesis Electronics Manufacturing, Inc. ("GEM"). GEM awarded 21 employees with 10 year service awards and one 20 year service award. “Good employees are our most valuable asset” said Scott Mauldin, President of GEM. “The knowledge and skill of our workforce really helps set GEM apart as a premier EMS provider. In an industry with double digit employee turnover rates we are pleased that we have been able to create an environment that has a turnover rate of less than 2%.

June 29, 2006 – Genesis Electronics Manufacturing, Inc. ("GEM"). GEM announced today that it hosted a visit by Stephanie Sutton, Medical Economic Attache to the French Embassy. Ms. Sutton was in the area at the invitation of the Greater Tampa Bay Chamber of Commerce, Committee of One Hundred. The goal of the Ms. Sutton’s visit was to identify possible partnerships or relocation opportunities for French Medical companies. “We were honored that the Director of International Affairs for the Committee of One Hundred would choose GEM to host a part of the visit”, said Scott Mauldin, President of Genesis Electronics Manufacturing, Inc. “Medical device manufacturing is a growing part of our business. France has a rapidly growing base of medical technology companies. We believe that prevailing economic conditions combined with proximity to market make Tampa Bay a logical place for French medical companies to partner with U.S. medical manufacturing firms such as GEM.”

March 23, 2006 - Genesis Electronics Manufacturing, Inc. ("GEM") announced today that it is now accepting factory orders to provide lead free & RoHS compliant electronic manufacturing services to OEM customers. "The RoHS (Restriction of Certain Hazardous Substances) initiative which originally solely focused on electronic products shipped to the European Union, now has some applications in the United States," said Scott Mauldin, President, "California, Illinois, & Maine are among some of the states that have implemented legislation with RoHS like requirements, and still other state and federal legislation is pending. Our factory will maintain both RoHS compliant and standard compliance manufacturing services for the foreseeable future. Furthermore, GEM is exploring how we can use our repair warranty & service depot to help customers manage the logistics of electronic product recycling which also has legislation pending in several states."

February 8, 2006 - Genesis Electronics Manufacturing (GEM), a privately held Electronics Manufacturing and Service company, today announced that Scott Mauldin has been appointed to the position of Company President. Mr. Mauldin has been with GEM for the past six (6) years, primarily acting as Vice President of Operations. He brings over twenty five years of experience in the electronic manufacturing industry working for companies such as Philips Electronics and Sypris Electronics. "I am extremely excited about what the future has in store for Genesis Electronics Manufacturing," commented Mr. Mauldin at the time of the announcement. "We have spent the last two years upgrading our facilities and service offerings, and are now poised to experience significant growth. Our new 65,000 square foot facility is state of the art and offers us increased capacity. In mid 2003, we added a full service Depot Repair operation that further enhances our ability to support our customers' products over their entire lifecycle. I firmly believe that our service offerings are unique for Electronics Manufacturing Service companies of our size, which should add up to record breaking sales growth over the next few years. I fully expect that we will break into the top 100 EMS companies over that same period."

January 26, 2006 -  Genesis Electronics Manufacturing [GEM] announces that Suzy Moody has been appointed Director of Business Development.  Suzy will concentrate her efforts at expanding GEMs presence in the mid west.  Suzy previously held similar positions at MC Assembly and Benchmark Electronics.

November 18, 2005 -(Article from Tampa Bay Business Journal 11/18/05 by Jane Meinhardt)   Dick Peck firmly believes manufacturing companies' money should stay where the manufacturers are.  As the owner and CEO of QTM Inc. machining shop in Oldsmar, he is trying to accomplish that by helping to create a manufacturers council through the Upper Tampa Bay Regional Chamber of Commerce.  "We need to start grouping together to expand our own market where we are," Peck said. "We need to re-evaluate our resources, and we need to be united. The council is a step in the right direction because it goes across city and county lines. In manufacturing, we don't recognize lines."  Nearly 160 manufacturers are in the Oldsmar, Northwest Hillsborough County and Town 'n Country areas served by the chamber. "The chamber is very pro-active and aggressive and the type of local organization that can help us pool our resources and build a strong manufacturers alliance," Peck said. Jerry Custin, business development director at the chamber, has started organizing the manufacturers council.  He met with manufacturing representatives at a recent chamber-sponsored open house that focused on locating local partners, upgrading skills, landing defense contracts, training grants and obtaining free technical help from NASA. Sponsors included the Florida Manufacturers Enterprise Partnership, the City of Oldsmar, the Bay Area Manufacturers Association, Hillsborough and Pinellas county economic development, Constellation Technologies and NASA Space Alliance Technology Outreach Program.  "We did this because we wanted to provide business-to-business opportunities and reach into the manufacturing community from an economic development standpoint," Custin said.  The chamber's manufacturers council concept is an offshoot of the open house and will be one of several councils in the organization.  Manufacturers in the chamber's area would meet monthly and form their own council leadership. The council's leader would have a seat on the chamber's board of directors, Custin said.  "They will have the opportunity to define their own needs and programs and take advantage of the chamber's resources," he said. "They would be able to advise the chamber on the needs and programs to drive their businesses forward at the pace and direction of their own leadership."  The council concept includes creating a manufacturers directory to help companies do business with local suppliers and vendors instead of partnering with out-of-state or foreign companies. It would also allow manufacturers to bid as a consortium on lucrative projects.  "That's the kind of synergism we want here," Custin said.  

September 12, 2005 -- Genesis Electronics Manufacturing, Inc. ("GEM") announced today that they have received ISO 13485:2003 Certification from Underwriters Laboratory Inc.® GEM had been previously certified to ISO 13488:1996.

"Certification to ISO 13485:2003, is an important step for GEM in support of our existing Medical Customers and opens the door for new Medical Customers that require the additional controls that ISO 13485:2003 dictates," said Robert Stoller, President of GEM. "Additionally, it provides non-medical customers with quantitative, regulatory evidence of GEM’s system capabilities in support of programs requiring higher traceability on products that we produce for them," he commented, "and demonstrates GEM’s commitment to 'Continuous Improvement' of our services in support of our Customers."

June 9, 2005 -Genesis Electronics Manufacturing, Inc. (“GEM”) announced today plans to provide lead free (RoHs) compliant electronic manufacturing services beginning this year. The RoHS (Restriction of Certain Hazardous Substances) initiative is a requirement for electronic products shipped to the European Union by July 1, 2006. “The implementation of lead free manufacturing processes will provide our OEM customers the ability to provide lead free, RoHS compliant product to their respective global market places”, said Scott Mauldin, VP of Operations. “This shift in materials and manufacturing methods ranks among the largest technical challenges our industry has faced in the last twenty years”, he commented, “GEM plans not only to change our internal processes but to provide technical assistance to our customers as they re-engineer their products to meet this requirement.”

January 22, 2005 - Genesis Electronics Manufacturing Announces New LCD Repair Service Offerings -  Genesis Electronics Manufacturing, Inc. (“GEM”) announced today plans to add a full suite of LCD repair service offerings to meet the rapidly growing demands of the LCD display & monitor market. “Compelling market research as well as direct requests from our existing customers indicate that our new LCD repair capability will help fuel our continued growth”, commented Business Development Manager Eddie Grimes. “While our CRT based display repair capabilities have contributed to significant recent growth for our Depot Repair group, we are very aware that LCD based displays are fast becoming the standard”.  GEM has successfully repaired prototype LCD’s and has initiated orders to procure the unique capital equipment required to perform the LCD repair processes, and expects to begin repair production of LCD’s around March 1, 2005.

December 9, 2004 - Genesis announces the addition of Dick Maier to the staff as Quality Manager. Dick is an EMS industry veteran with a strong track record of success in quality management and leadership. Dick has implemented and maintained ISO 9001:2000 quality systems and worked with ISO 13485 systems. His credentials include being an ASQ certified quality auditor and a Six Sigma Black Belt along with a degree in Optical Engineering.

May 11, 2004 -  Genesis holds Supplier Day 2004.  The event was attended by 52 critical suppliers and included presentations reviewing last year's performance, this year's outlook, facility tour and presentation of the Supplier of the Year awards. 

April 17, 2004 -  A team of 21 Genesis Employees spent a Saturday 4/17/04 cleaning up the Tampa Bay coast line during the Great American Cleanup Day.  This activity was part of Genesis Electronics Manufacturing Volunteer Action Day Program. 

February 27, 2004 -Genesis Electronics relocates, doubles facility space : Genesis Electronics Manufacturing Inc. has expanded its business and moved into a new facility that nearly doubles the company's space.  

February 2, 2004 - GEM moves into former Jabil facility and expands offerings ;  Genesis Electronics Manufacturing, Inc. (GEM) this week transitions its operations to a facility acquired in July from Jabil Global Services. GEM is a medium-volume, high-response electronics manufacturing services provider.   In addition to nearly doubling GEM’s physical space (to 50,000 square feet), the facility expands GEM’s customer service offerings in the areas of equipment repair and service, specifically in the rebuilding of monitors, keyboards and telecommunications equipment. Test, repair, and refurbishment equipment were acquired along with the facility and GEM expanded its team by 15 new hires to cover its new areas of service.  GEM’s expanded offerings have already won the attention of one of the world’s largest information technology manufacturers, which recently contracted GEM to provide monitor repair and refurbishment services. “This manufacturer offers service to every CRT manufacturer and re-marketer in the industry today, and our team knows how to repair virtually every CRT on the market. By growing our team, our physical space, and our equipment, GEM has the ability to fulfill the demands of this service contract and extend like services to existing and new accounts,” said GEM President Robert Stoller. In addition, the expanded offerings bring GEM closer to its goal of providing services similar to those provided by tier-one suppliers. “While our customer base is generally not considered to be the market of the tier-one suppliers, we want to offer our customers the gamut of services they need to market their products, and equipment repair and service is considered the last stage of product life management,” Stoller explained.  Driving GEM’s expansion is its “Consider It Done” philosophy which Stoller defines as, “meeting our commitments, including our commitment to the customer and growing GEM to capacity in order to serve that customer. Making expenditures such as the facility acquisition and personnel additions on the heels of an industry downturn illustrates GEM’s commitment to becoming a larger player on a field where many have pulled up stakes during the recent 18 months. GEM looks forward to providing a domestic option to customers who desire to have their product built in the USA,” he added. 

September 22, 2003 -  A team of 11 Genesis Employees spent a Saturday 9/21/2003 cleaning up the Tampa Bay coast line.  This activity was part of Genesis Electronics Manufacturing Volunteer Action Day Program.