ARROW INDUSTRIAL LTD ANNOUNCES ACQUISITION OF ACCUTRONICS, INC. AND APPOINTMENT OF EXECUTIVE MANAGEMENT

LITTLETON, CO, JANUARY 02, 2007:

Arrow Industrial Ltd. today announced the completion of the acquisition of Accutronics, Inc.   

Accutronics, founded in 1976, acts as a manufacturing support arm to customers providing prototyping and medium volume production and assembly of products primarily for medical, computer and aerospace manufacturers. 

Accutronics is the second Front Range acquisition by Arrow Industrial, Ltd. in the past 12 months.  Arrow Industrial’s last acquisition, Technimet Inc., founded in 1980, is a business specializing in quick response, low volume production of precision machined parts and assemblies primarily for custom machinery, printing equipment, OEMs and other market segments.

The leadership team will be comprised of Bob Geoffroy, President, Mark Endry, Chief Operating Officer and Margie Versen, Chief Financial Officer.

“We are excited about the possibilities that result from combining the excellent workforces and capabilities of both companies”, said Bob Geoffroy, President who continued “we have offered positions to all of the employees of both companies and are actively recruiting to expand our workforce”.

“This acquisition represents an important step in executing Arrow Investment’s vision of building, growing and holding businesses in the Front Range”, said John Brown, Managing Partner of Arrow Investments.

Arrow Industrial, Ltd. with headquarters at 10488 W. Centennial Road, Littleton, CO 80127 is a subsidiary of Arrow Investments, Ltd. one of the Greenwood Village based Arrow Holdings, LLC companies.

For more information about Arrow Industrial, please visit www.arrowindustrialltd.com or call 303-904-2626 and ask to speak with Mark Endry.