Waytronx Announces Annual Shareholder Meeting & Operational Update  

TUALATIN, Ore. – September 15, 2008 – 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 will host its annual Shareholder Meeting on September 15, 2008 at its Tualatin Facility.

In conjunction with that meeting, Waytronx CEO & President, William Clough, issued the following operational update:

“2007 was a transformational year at Waytronx.  We changed the company’s name; changed the company’s focus; and changed the company’s business model.  Thus far in 2008, those changes have resulted in even more positive accomplishments by Waytronx.  Your continued commitment and support is of enormous importance to our company. We are working hard to maintain your trust and increase shareholder value. 

We are all quite proud of the accomplishments achieved during the last several months and have included a list of highlights for your reference:

• In May 2008, pursuant to our acquisition strategy, we acquired CUI, INC., a Tualatin based electronics and electro-mechanical distributor.
• Following that acquisition, the company has seen record revenues for the second quarter of 2008.
• We have secured a number of design wins, including design wins with a large DC motor manufacturer for our proprietary encoder and use of our encoders in medical devices currently being marketed by a World Class medical device manufacturer.
• In addition, we have completed the first delivery of our encoder to the largest manufacturer of cash machines in the World and to a leading manufacturer of interactive game furniture.
• During the course of 2008 our relationship with our largest single customer has increased dramatically.  We have increased our top line revenue with them while still maintaining our margins.  We also have significantly expanded our new product introduction.  Finally, our proprietary encoder has secured “A-list” status with that customer, resulting in increased sales and distribution of that exciting new product.
• We have continued our emphasis on acquiring and servicing “Green” and alternative energy customers, including providing power supplies to the solar industry and to such new technologies as ocean wave energy producers.
• In our continued commitment to “Green” initiatives, we have developed a complete line of California Energy Commission (CEC) compliant power supplies and we are pursuing a line of electronic products constructed with bio-degradable plastic casing.  These environmentally friendly cases will decompose in landfills unlike current plastic products.
• We are in negotiations with our Japanese suppliers to reduce our costs and to obtain an exclusive agreement for sale and distribution of a new encoder jointly developed with one of our Japanese partners and designed to address a larger target market.
• Operationally and in a continuing effort to streamline our business model, Waytronx has closed its Florida offices; retired substantial 12% debt; sold 23 RediAlert signs, thus creating revenue from obsolete and expensed inventory; and has dramatically reduced its recurring operating expenses.
• Demonstrating the significant synergies of the CUI acquisition, we are in the final stages of obtaining pricing and manufacturing resources to begin production and commercialization of the WayCool CPU cooling solution, which we plan to introduce into the market through our distribution network.  We are also in negotiations with one of our Japanese affiliates to introduce the WayCool Technology into their product line.

With a significant total addressable market for our proprietary products and emerging technologies and continuing our emphasis on an aggressive acquisition strategy, Waytronx’s future looks bright.   As always, we recognize our shareholders for their continued support and we look forward to sharing our success with each of you.”

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.

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Media Contact:

Seana McKenzie

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.