COLUMBIA, MD (April 11, 2006) — PEAK Technologies, a Platinum Equity Company, delivered an Oracle WMS/Auto ID solution that is targeted to generate a return on investment in less than eight months. The solution is projected to generate greater than ten times the initial investment in savings within five years. Ergotron, a leading manufacturer of mounting solutions for digital displays, selected PEAK Technologies to provide the complete turnkey solution encompassing full implementation and ongoing support of the Oracle WMS application including transaction customizations required for Ergotron’s new warehouse process as well as site survey analysis, selection/installation/integration of wireless access points, handheld devices and barcode printers. Additionally, PEAK helped deploy a new bar code labeling strategy and supplied the label stock.

“We originally estimated it would take 37 weeks to complete the project,” said Gary White, senior business analyst for Ergotron. “PEAK did the job in 19 weeks and stayed within the project’s budget.”

Ergotron, based in St. Paul, Minn., was already using Oracle 11i eBusiness Applications and made the decision to implement the Oracle Warehouse Management System (WMS) along with handheld wireless computers to enhance critical business processes to meet its growing operational demands. Ergotron projects the combination of reduced transaction time and improved accuracies across the Ergotron enterprise is projected to deliver savings of at least $4 million over the next five years. The company has seen its annual revenue increase by more than $27 million over the past year, an upward swing of more than 40 percent. In order to manage this growth, Ergotron quickly recognized the need to influence business process efficiencies across its distribution operations.

Ergotron initially assumed it would require two integrators for the Oracle WMS project, one to establish the automatic identification wireless hardware and one for the Oracle WMS implementation.

“We were concerned that when we had problems, the hardware vendor would blame the software and the software vendor would blame the hardware,” said Jim Fischer, senior vice president, Information Services for Ergotron. “We doubted that we could find a company that could provide expertise in both areas, then Oracle pointed us towards PEAK Technologies, a leading systems integrator that has deep Oracle WMS application talents,” Fischer said.

”As a valued member of the Oracle Partner Network, PEAK offers the expertise and experience required to assure Oracle WMS go-live success and leverage the Oracle 11i eBusiness Suite. With over 20 years experience introducing wireless and label printing solutions to automate warehouse, distribution and manufacturing environments, PEAK was an excellent fit for Ergotron’s needs and the company was able to recognize that almost immediately,” said Ross Young, president and CEO, PEAK Technologies.

“We influenced every business process in the warehouse, receiving, quality inspection, discrete job picking, sales order picking, and RMAs; changing every one in a single day in order to take advantage of Oracle WMS and Auto ID,” White said. “The combination of the new processes, Oracle WMS, and automatic identification has made an enormous difference in the warehouse.”

“Within a few weeks of getting up and running our inventory accuracy rose from 75% to 85%,” said Ray Weber, warehouse manager for Ergotron. “Accuracy has continued to climb as the older inventory is sold and new inventory is put away using paperless methods. The time required to perform the putaway operation has been substantially reduced. Even greater time savings have been achieved on the picking side through the reduction and eventual elimination of time spent searching for the right items. The elimination of the need to fill out forms or enter data has saved time in nearly every operation.”

”Our projections show that the results we have achieved in the first month after implementation are just the tip of the iceberg,” White added. “Oracle WMS is using rules-based, task-driven methods to assign pick wave picking tasks and direct pick zone put-away tasks to optimize labor and equipment resources. Our Auto ID system is simplifying transactions, reducing the need for paperwork, and verifying the accuracy of every step in the process.”

About PEAK Technologies
PEAK Technologies (www.peaktech.com), a Platinum Equity Company, is an international provider of automated identification and data collection (AIDC) systems, enterprise mobility solutions and ongoing life cycle service and support. PEAK’s primary applications include solutions for warehousing, manufacturing, and distribution operations. Headquartered in Columbia, Maryland, PEAK Technologies has locations throughout North America and Europe providing a comprehensive “foot print” for multi-national life cycle service and support.

About Platinum Equity
Platinum Equity (www.platinumequity.com)is a global M&A&O_® firm specialized in the merger, acquisition and operation of companies that provide services and solutions to customers in a broad range of business markets, including information technology, software, telecommunications, logistics, manufacturing, health care products, and entertainment distribution. Since its founding in 1995 by entrepreneur Tom Gores, Platinum Equity has acquired more than 50 businesses and built a multi-billion-dollar portfolio of operating companies. In 2005, Platinum was named the 18th largest private company in the United Sates by Forbes magazine.

About Ergotron
Ergotron products have been improving the human interface with digital displays for over 20 years. Ergotron’s portfolio of digital display mounting solutions includes wall and desk mount arms, desk stands, mobile carts, pivots and vertical lifts. With the introduction of Constant Force (CF™) patented lift-and-pivot motion technology, Ergotron’s products require less user effort to achieve more motion. Each Ergotron product is designed to enhance the viewing experience, reduce stress and improve productivity in today’s computing and entertainment environments. Ergotron, a rapidly-growing global company focused on the channel and OEM business, expects growth revenues in 2006 to approach 40%. For more information on Ergotron products, visit www.ergotron.com or call 1-800-888-8458