Cincinnati Machine Enters Into Service Agreement with AIDC Of Taiwan to Support Growing Taiwanese Aerospace Industry.

Business Editors

CINCINNATI--(BUSINESS WIRE)--Jan. 16, 2001

Cincinnati Machine, the world's leader in aerospace machine tools, announced today it has entered into a "Certified Service Representation Contract" with Aerospace Industrial Development Corporation (AIDC), a leading aircraft manufacturer based in Taichung, Taiwan.

The contract designates AIDC as the local service provider for all Cincinnati products installed in Taiwan. The contract was jointly signed by Daniel Janka, vice president of Cincinnati Machine's Advanced Systems and Service Business and George Shiah, vice president of AIDC.

"This agreement provides a Taiwan-based service and support organization for Cincinnati Machine installations," said Janka. "AIDC will be backed by our service hub in Seoul, South Korea, by our U.S. service organization, and by our Online Store for parts located at www.CinMach.com. AIDC services and supports our current products and technologies, and we will provide them with ongoing training as new technologies are introduced in Taiwan. The alliance reaffirms and strengthens our commitment to supporting the growing Taiwanese aerospace market."

According to Shiah, "Cincinnati Machine is a reputable machine tool supplier with global presence. Our highly trained maintenance staff has over 25 years experience with Cincinnati Machine's aerospace manufacturing technology."

AIDC designs, develops, manufactures, assembles and maintains military and commercial aircraft, as well as provides system planning, integration, development and management to the aerospace industry. Shiah explained that "AIDC previously was an aeronautic industry development center, and in a drive for self-sufficient operations, created a machine tool maintenance and service unit for its own machines, most of which are Cincinnati." It has strategic alliances to co-develop and co-produce aircraft, engines and avionics for many leading aerospace companies, including Boeing, Lockheed Martin, Sikorsky Aircraft, Bombardier, General Electric and Allied Signal, customers shared with Cincinnati Machine.

Cincinnati Machine is a leading global manufacturer and supplier of CNC machine tools, such as turning centers, vertical machining centers, horizontal machining centers/cells, 5-axis machining centers, universal machining centers, profilers, routers and composite processing equipment. Additionally, Cincinnati PLUS(SM) provides the most comprehensive package of service and support available in the industry today. Industries served include aerospace, heavy equipment, fluid power and automotive, as well as small job shops.

For more information, call 1-877-CINMACH (246-6224), fax us at 513-752-9800 or visit our Web site, www.CinMach.com.