Reliable Machine and Tool First to Sign as Toolmex Strategic Alliance Partner


NATICK, Massachusetts - October 21, 2010 - Toolmex Corporation announced today that they have completed negotiations with Reliable Machine and Tool of Cedar Rapids, IA to become the first Toolmex Strategic Alliance Partner.

Toolmex Corporation, a leading provider and global supplier of industrial Workholding and Tooling with broad product lines and service solutions, supporting a wide network of distributors throughout North America, Central, South America, and Europe is pleased to announce the establishment of the Toolmex Strategic Alliance Partnership (TSAP) with Reliable Tools and Machines headquartered in Cedar Rapids, IA. This alliance offers customers access to the comprehensive TMX product lines in an underserved region of the country.

"Our decision to work with Reliable Machine and Tool is part of our ongoing strategy ensuring that customers get the best products from Toolmex. Small to mid size distributors will now have access to products sourced from world-wide suppliers that may have been out of their reach in the past," said Robert Gross VP Sales and Marketing.

John Barnes, VP Sales Reliable Machine and Tool; "The Toolmex Strategic Alliance Partner program is exactly the right program at exactly the right time and place to bring us new opportunities in our market. The high quality of their people and products ensures that Toolmex is on track to be a major supplier and partner to Reliable for many years to come."

About the Toolmex Strategic Alliance Partnership- TSAP was developed to encourage small distributors to extend their reach in prescribed regions throughout the US and Latin America. The customer benefits by having a distributor with best in breed tested products along with the right product mix, a highly trained customer service staff, fast delivery within their delivery area, and Marketing and Sales support.

Toolmex will continue to grow the TSAP to include distributors in other regions of North America, as well as in Central and South America. In essence we will continue to enhance our strategy 'one stop shopping' for Tooling and Workholding products.

For a complete list of Toolmex product and services, visit www.toolmex.com or call
508. 653. 8897

Contact:
Sharon Bronaugh
Director Marketing and Marketing Communications
508.863.8897

About Toolmex Corporation

Since 1973, Toolmex has served the industrial marketplace as a leading provider and global supplier with broad product lines and service solutions, supporting a wide network of distributors throughout North America, Central and South America. Our commitment to assisting our customers' business goals has driven us to evolve into a full line supplier with an integrated distribution channel, taking the product from factory to final destination. From our premier TMX tooling and workholding lines to our superior TUR series long bed lathes and versatile Elektrim and Elektrimax motors, Toolmex is committed to offering the best in its class now and into the future.

Global Headquarters
1075 Worcester Street, Natick, MA 01760
508-653-8897
FAX 508-653-5110

Regional Headquarters
2015 S. Mitchell Blvd., Schaumburg, IL 60193
847-524-1074
FAX 847-524-9996

Latin America
3350 SW 148 Ave,
Suite 110, Miramar, FL 33027 USA
+1 954 874 1674
FAX +1 954 874 1684

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