NORTH CANTON, Ohio, August 15, 2007 – Thermtrol Corporation (www.thermtrol.com) announced that it closed an agreement today to purchase the assets of MGI Manufacturing, Inc. (www.mgimfg.com) of Cary, IL, a leading wire harness manufacturer specializing in industrial insert & over molding, harness assembly, and contract assembly. MGI, a TS16949 Certified company, had 2006 revenues of US$11 million and is particularly active in the Automotive, Agricultural, and Sensors & Controls markets.

“The acquisition of MGI is exciting to the entire Thermtrol family. It brings Thermtrol additional competency in the manufacture of automotive wiring harnesses. It will also provide MGI additional resources from Thermtrol’s global manufacturing and marketing teams. This acquisition will be used as a core for future acquisitions. To the many customers and suppliers of Thermtrol and MGI, this joining will enable our group to continue to provide world-class service, competitiveness, professionalism, and growth well into the future,” said Mark A. Jeffries, President of Thermtrol Corporation.

Thermtrol Corporation, with offices in North Canton, Ohio and Hong Kong, China, has ISO 9001 Certified manufacturing facilities in North Canton as well as a major wholly owned facility in Ho Chi Minh City, Vietnam. Thermtrol is a value added manufacturer and distributor of thermal protection and wiring solutions to leading Appliance and Industrial systems manufactures of the world. The MGI subsidiary is now known as MGI Global, LLC, a name that better reflects its new manufacturing and service capabilities.