FOR RELEASE: January 15, 2004

Newark, DE – Applied Control Engineering, Inc. (ACE), an engineering firm that provides factory automation solutions, announces that sales for fiscal year 2003 rose above the $10M dollar level for the first time in the company’s history.  This increase represented greater than 20% growth over the previous year.

Since incorporation in 1991, sales at the Delaware based company have increased steadily. One result of this sales growth, ACE was named to the Inc. 500 Fastest-Growing Private Companies in 1999.

ACE intends to continue its growth in New England and Mid-Atlantic States.  ACE serves a broad customer base in pharmaceutical, biotech, chemical, consumer products, food & beverage, metals and air separation industries.

Contact:
Timothy L. Cole, P.E.
Applied Control Engineering, Inc.
302-738-8800
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