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1650ArchStreet,#1905,Philadelphia,PA19103 www.AgileSwitch.

com

7401WestWilsonAvenue,Chicago,IL607064548 www.methode.com

METHODEELECTRONICS,INC.ANDAGILESWITCH,LLCANNOUNCE MARKETINGANDTECHNOLOGYPARTNERSHIP
Chicago,IL,andPhiladelphia,PA,June21,2012MethodeElectronics,Inc.(NYSE:MEI)andAgileSwitch,LLC announcedtodayamarketingandtechnologypartnership.Aspartofthisagreement,AgileSwitch,LLCwill provideleadingedgeIGBTgatedriveswhichprovidethehighestperformanceforenergyconversioninverters andsystems.MethodeElectronicsPowerSolutionGroupwillsupplystateoftheartbusbararchitecturesand thermalmanagementsolutionsincombinationwithlocaldesigncapabilitiesandglobalmanufacturing. MethodesElectronics,Inc.hasmanufacturingfacilitiesintheU.S.,EuropeandChina. Together,thetwocompaniesarecreatingfullyintegratedsubsystemsolutionsforthepowerelectronics industry. Speakingaboutthepartnership,AgileSwitchPresidentandCEORobWebercommented,AgileSwitchis delightedtoteamwithagloballeaderinbusbararchitecturesandcoolingsolutionstobringthenextgeneration ofpowerstackstothemarket.Thisagreementwillallowourtwoorganizationstoprovideinnovativesolutions torenewableenergyapplicationssuchassolar,photovoltaic,wind,hybridelectricandelectricvehicles,aswell ashighcapacityuninterruptedpowersupplyandefficientmotordrives. MethodeElectronicsPowerSolutionsGroupGeneralManagerAndrewUrdacommented,Methode ElectronicsPowerSolutionsGroupandAgileSwitchcannowprovidethepowerelectronicsindustrywithnew, innovative,highefficiencyintegratedpowerdistributionsolutions.Ourcombinedsolutionwillprovide customersanextgenerationsolutiontoday. AboutMethodeElectronics MethodeElectronics,Inc.(NYSE:MEI)isaglobaldeveloperofcustomengineeredandapplicationspecific productsandsolutionswithmanufacturing,designandtestingfacilitiesinChina,Germany,India,Lebanon, Malta,Mexico,thePhilippines,Singapore,Switzerland,theUnitedKingdomandtheUnitedStates.Methode designsmanufacturesandmarketsdevicesemployingelectrical,electronic,wireless,safetyradioremote control,sensingandopticaltechnologiestocontrolandconveysignalsthroughsensors,interconnectionsand controls.Ourbusinessismanagedonasegmentbasis,withthosesegmentsbeingAutomotive,Interconnect, PowerProductsandOther.Ourcomponentsareintheprimaryendmarketsoftheautomobile,computer,

informationprocessingandnetworkingequipment,voiceanddatacommunicationsystems,consumer electronics,appliances,aerospacevehiclesandindustrialequipmentindustries.Furtherinformationcanbe foundatMethode'swebsiteatwww.methode.com. AboutAGILESWITCH AgileSwitchisdevelopingtransformativetechnologythatdramaticallyimprovestheperformanceandefficiency ofdriversforIGBTswitches.IGBTsareusedinavarietyofpowerconvertersincludingsolarinverters,wind turbines,motordrives,UPS,industrialmachines,HEV,tractionandpowerdistribution. Powerconvertershavebeenincrementallyimprovedoverrecentdecadesandhavereachedthepointwherea largeeffortisneededtoachieveasmallgaininperformanceorefficiency.TheCompanystechnologiescanhelp cutsignificantlycutpowerlossinsomeapplicationsandprovidesubstantialperformancebenefitsinpowering mostelectronicequipment. TheCompanystechnologiesarespecificallytargetedtowardconvertersforsystemsfocusedonrenewable energy(e.g.solar,wind,smartgrid,HEV)aswellasothermissioncriticalapplications(e.g.traction,UPS).Please visitwww.AgileSwitch.comformoreinformation. CONTACTS AgileSwitch,LLC RobWeber,CEO Tel:6108892255 Email:rweber@AgileSwitch.com MethodeElectronics,Inc. CeciliaOstberg,MarketingProgramManager Tel:7084573286 Email:costberg@methode.com