WAYTRONX SIGNS EXCLUSIVE WORLDWIDE LICENSING AND ROYALTY AGREEMENT FOR INDUSTRY CHANGING ENCODER 

Waytronx to develop, sell, and distribute revolutionary AMT encoder Worldwide 

TUALATIN, Ore. – May 12, 2009 – Waytronx, Inc. (OTCBB: WYNX), a leading provider of openly licensable advanced systems cooling solutions and its wholly owned subsidiary, CUI, INC., a provider of electromechanical components, today announced that it has signed an exclusive worldwide licensing and royalty agreement with Washington-based AnderMotion Technologies LLC.  The Agreement grants Waytronx exclusive rights to manufacture, market, deliver and sell the AMT encoder designed to be integrated into sophisticated DC electric motors and other high-end applications on a global basis.   

“This Licensing Agreement is the culmination of five years of development and collaboration between AnderMotion and CUI.  The Agreement allows CUI to exclusively develop, sell, and distribute the AMT encoder worldwide,” stated Matthew McKenzie, CUI’s President.  “The AMT series modular encoder is designed with proprietary, capacitive, code-generating technology as opposed to optical or magnetic encoding,” explained McKenzie. 

“This unique device allows breakthroughs in selectable resolution, shaft-adaptation, and convenient mounting solutions to bring ease of installation, reduction in SKU’s, and economies of scale in purchasing.  The AMT amounts to almost 2000 different encoders in one package,” concluded McKenzie.

CUI is already distributing the AMT, which is being sold to and through various CUI customers.  Moreover, the product is being marketed by multiple DC motor manufacturers.  The AMT has been awarded several design wins from Motion Control OEM’s producing a wide range of products from cash machines to robotics.  

“Our long term relationship with AnderMotion and its founder, Ingvar Andermo, along with the execution of this Licensing Agreement is yet another demonstration of the synergies between Waytronx and CUI,” explained William Clough, Waytronx’s President & CEO.  “With the introduction of the AMT encoder, the C14 encoder, and certain of our other initiatives, Waytronx continues to identify and acquire unique proprietary technologies; introduce those technologies into the marketplace using the CUI infra-structure; and thereby continue our migration to a technology/licensing model,” noted Clough.  

About Waytronx, Inc.
Waytronx, Inc. has pioneered and is commercializing innovative thermal management solutions capable of revolutionizing the semiconductor, solar and electronic packaging industries, among others. Utilizing its patented WayCool™ hybrid mesh architecture, Waytronx can enhance system performance and remove thermal barriers caused by “microwarming” in today’s advanced computing devices. The Company’s proprietary central and graphics processor solutions, solar energy cooling solutions and power supply cooling solutions deliver more cost effective and efficient thermal management to the industry. Waytronx changed its name from OnScreen Technologies in December 2007. Waytronx acquired CUI, Inc. in May 2008. For more information, please visit www.waytronx.com.    

About CUI, Inc.
CUI, Inc. is a solutions provider of electromechanical components and industrial controls for OEM manufacturing. Since its inception in 1989, CUI has been delivering quality products, extensive application solutions, and superior personal service.  CUI’s solid customer commitment and honest corporate message are a hallmark in the industry.  CUI is a wholly-owned subsidiary of Waytronx, Inc. For more information, please visit www.cui.com.  

This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements.  The company may experience significant fluctuations in future operating results due to a number of economic, competitive, and other factors, including, among other things, our reliance on third-party manufacturers and suppliers, government agency budgetary and political constraints, new or increased competition, changes in market demand, and the performance or reliability of our products.  These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements.  Additional information with respect to these and other factors, which could materially affect the company and its operations, are included in certain forms the company has filed with the Securities and Exchange Commission. 

Media Contact:  

Maggie Lefor
CUI 503-612-2300
info@waytronx.com  

WayCool, WayFast, Waytronx and OnScreen are trademarks of Waytronx, Inc. Other names and brands are the property of their respective owners.