Ellison Technologies Acquires Ohio-Based Jackson Machinery Company

Customers to Benefit from Combined Companies;
Provides Ellison with a Toehold in Major US Industrial Centers

Cleveland, Ohio, January 3, 2007 - Ellison Technologies, Inc., a
leading provider of engineered systems and industrial equipment to
American metal-working and metal-cutting manufacturers, has acquired
Jackson Machinery Company, a privately held distributor based outside
of Cleveland, Ohio. The prior Jackson Machinery merged its operations
with the existing Ellison Technologies - Cleveland office. The
acquisition was effective November 3, 2006.

"Jackson Machinery has been a very successful dealer, representing a
number of leading companies," stated Art Seyler, president of Ellison
Technologies - Ohio. "They have earned a solid reputation for
providing excellent service. Its applications personnel are a
creative group with a can-do attitude and are experienced in doing
turn-keys projects. Its acquisition gives Ellison a prominent
position in a key American industrial area. We are excited to have
them as part of our family."

The acquisition allows Ellison to better serve one of the country's
premier manufacturing regions, the northern half of Ohio. The area
includes major industrial markets such as Cleveland, Akron-Canton,
Mansfield, Youngstown, and Toledo. It is heavily populated with
manufacturing concerns. Among the many industries represented are
aerospace, automotive, agricultural, medical, and energy. Processes
used include high-speed and multi-axis machining, robotic automation,
continuous flow, and setup reduction.

Until being acquired, Jackson Machinery was an exclusive dealer of
Mori Seiki products and sub-dealer to Mori Mid-America Sales,
distributing Mori Hi-Tech machines. Along with that product line, it
also represented United Grinding, SNK, and Hanwha (Swiss turning
lathes). All of which are expected to become part of the new Ellison
Technologies - Cleveland product mix.

Seyler said the acquisition would build on the momentum generated
when Mori Seiki named Ellison Technologies their sole distributor in
the Mid West earlier this year. "We will continue to develop a wider
range of services for our customers, including pre-engineering
capabilities, robotic automation services and financing, allowing us
to provide solutions beyond those offered by our competitors."

He added that Jackson Machinery has excellent territory history and
knowledge. He said it also enjoys excellent customer relationships,
many with key players in the territory including Wonder Machine,
Timken, Curtis Wright and Lord Corp. to name a few.

Along with Seyler, the new Ellison Technologies - Ohio management
team is made up of director of corporate accounts Bob Jackson, former
owner of Jackson Machinery, and two other former Jackson executives,
Matt Bujoll and Kurt Schaldach, who are, respectively, sales manager
and applications/ service manager. They are joined by all eight
Jackson employees as well as the six Ellison associates from the
initial Cleveland office. Additional sales positions are planned.

About Ellison Technologies, Inc.
Ellison Technologies is a provider of advanced machining solutions to
North American metal-cutting manufacturers and their global
affiliates. As a family of companies, it is committed to the survival
and growth of the American manufacturing industry. Independent
offices provide a local-market focus and the flexibility to advocate
the needs of each of its valued customers.

Founded in 1957, it has grown alongside many of the worlds most
progressive manufacturers, often pushing the envelope of
manufacturing innovation and efficiency. In today's competitive
environment, it reconfirms its commitment by leveraging leading-edge,
lean technologies, and customized turnkey solutions in pursuit of
engineering innovations and breakthrough advances in manufacturing.

The company is headquartered in Santa Fe Springs, California. For
additional information, call toll free 800-358-4828, or visit its
website at www.ellisontechnologies.com.

Client Contact:
Anna Sundstrom
Ellison Technologies
Tel. 562-949-8311 ext. 1218.

Agency Contact:
Susan van Barneveld, APR
Antarra Communications
11602 Knott Ave #13
Garden Grove, CA 92841
Tel. 714-891-3660

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