08252009

WAYTRONX JOINS PMBus IMPLEMENTERS FORUM

Group to set industry standards for intelligent digital power

TUALATIN, Ore. – August 25, 2009 – Waytronx, Inc. (OTCBB: WYNX), a leading provider of openly licensable advanced systems cooling solutions, announced today that their wholly owned subsidiary, CUI, Inc., has joined the PMBus Implementers Forum (PMBus-IF).  The PMBus-IF defines the digital communication protocol between power supplies in an electronics system.  Currently PMBus-IF has 42+ adopters and includes semiconductor companies such as Texas Instruments, Infineon, and Intersil; along with power supply companies like Delta and Artesyn; and original equipment manufacturers (OEMs) like Dell and Intel.

With this membership, Waytronx continues its focus on proprietary technologies that are synergistic with its existing portfolio of products.  Power, more specifically smart green power, is an area with significant potential growth, as system level power conversion is in a state of transition.  Traditionally the power system has been a system with little intelligence; the emergence of digital power allows power to become more than simple conversion.

“Digital power is an incredible value proposition for OEM’s and end user, alike,” explained Waytronx President & CEO, William Clough.  “By adding intelligent power to electronics, the end user has the ability to make real time decisions regarding the overall power system,” Clough continued.

“By joining PMBus-IF we become one of a group of implementers that will continue to define the standards in this exciting new market.  This is a strategic step that will significantly enhance our ability to develop and sell this product into the marketplace,” stated Clough.

The digital power market is a combination of the power conversion and power management markets.  According to the Darnell Group, an industry analyst, digital power is in its “adolescent stage” and with a compound annual growth rate (CAGR) of 19.8% it will surpass 14.3 Billion units in cumulative sales by 2014.

“CUI sells product to over 50,000 customers and the majority of those customers design with complex chips [FPGAs or DSPs] that have complicated power requirements.  Those design engineers currently have no intelligent power solution available to them.  We believe that we can provide those Tier Two and Tier Three OEMs an economic, relatively easy-to-implement solution and our membership in PMBus-IF is the first step in bringing this product to market,” Clough concluded.
 
About Waytronx, Inc.
Waytronx, Inc. has pioneered and is developing innovative thermal management solutions capable of revolutionizing the semiconductor, solar and electronic packaging industries, among others, utilizing its patented WayCool™/WayFast™ hybrid mesh architecture.  In addition, through its acquisition of CUI in May 2008, Waytronx has developed the infrastructure, expertise, and platform necessary to acquire, develop, and commercialize new, innovative technologies.  Waytronx changed its name from OnScreen Technologies in December 2007. 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.