| A.E. PETSCHE CO., INC.
EFFECTIVE OCTOBER 10, 2000 A.E. Petsche Co., Inc. Signs Long-Term Agreement With Raytheon Company [Aircraft Integration Systems]Dallas, Texas based A.E. Petsche Co., Inc., the world's leading supplier of Mil/Aero wire and cable, announced today that it has signed a multi-year agreement with Raytheon Company's Aircraft Integration Systems Group. The ZERO-BASE(r) agreement will allow Raytheon to control in-house inventories and assure consistent material flow to numerous facilities and points of use. The agreement requires that A.E. Petsche Company maintain substantial inventories of a wide variety of wire and cable types for facilities in Greenville and Waco, Texas. Benefits include once-a-month consolidated billing, optimized packaging and real-time access to the company's AS400 computer system for ordering, expediting, status and tracking. This new agreement compliments the current agreement between A.E. Petsche Company and Raytheon Aircraft [Wichita, KS]. Pricing from both agreements may be utilized by any Raytheon facility. A.E. Petsche Company will support the Greenville and Waco facilities from the Dallas-Fort Worth warehouse, located one hour from both Raytheon facilities. |