History Panduit started out in 1955, with a name pieced together from the term Control Panel Conduit

and a home base in Tinley Park, Illinois. More than 50 years and 3500 employees later, Panduits headquarters are still in this Chicago suburb, but the company now has manufacturing plants and distribution facilities all across the globe! Their unbelievable growth can all be credited to this companys expertise at crafting electrical and network solutions that are both innovative and affordable. Throughout its history, Panduit has become the name that network installers trust, and their raceways, wire duct, cable ties, faceplates and surface mount boxes have become the standard in datacom/telecom installations around the world.

Cutting edge product development and manufacturing When it comes to engineering and producing new products, future-ready Panduit relies on computer aided design, manufacturing, and quality assurance equipment to turn out high caliber, low cost solutions for the telecommunications, electrical, OEM, MRO, industrial and transportation industries. In Panduits ISO 9001 and 14001-certified facilities, new products can go from sketch to prototype in as little as a few hours, thanks to the companys ability to carry out all phases of development and manufacture in-house. Panduit actually designs and builds whatever tooling and equipment is needed to manufacture each product right on site. Leading Edge Design and Manufacturing Technologies Panduit is committed to utilizing leading edge design and manufacturing technologies to provide the highest quality products to our customers. Our Computer Aided Design/Computer Aided Manufacturing (CAD/CAM) systems and state-of-the-art Rapid Modeling equipment allow engineers to take new product designs from art-to-part in a matter of hours! Additionally, computerized engineering tools such as Finite Element Analysis (FEA) and Mold Flow Analysis assure robust, high quality product designs right from the start. After modeling of the part is complete, ultra-precise machine tools proceed to fabricate the necessary production tooling. This process shortens the design-to-product cycle, drastically reducing new product lead times. Producing innovative products of the highest quality, and at the lowest possible cost, is what drives us to constantly seek out and implement the best design and manufacturing technologies available. Computerized Automation To further ensure efficiency and product quality, Panduit maintains leading-edge computer procedures throughout the company and routinely upgrades high-technology equipment to maximize performance in all divisions and subsidiaries. However, we know that no matter how modern machines and systems may be, people remain the key to efficient operation. So, we continually train our employees to do the job right the first time.

QUALITY -- "First Among Equal" at Panduit At Panduit, product and service quality and reliability are given the highest priority. All personnel within our organization are dedicated to providing our customers with products and services that will meet their needsevery timebecause we know that is the best way to run a business. Each Panduit employee receives training in quality methods and Panduit's quality principles. Management and individuals at every level are engaged in designing, producing and improving quality products and processes, helping to earn our customers preference for doing business with Panduit. Panduits continued investment in technology and employee development has driven our reputation as the quality leader in our industry. Award-winning customer service and innovative products have fueled Panduit's growth. Top-down commitment to quality ensures our future performance. Each Panduit manufacturing facility maintains a quality management system consistent with its products. In addition, they each maintain ISO 9001 certificates awarded by respected third-party registrars, along with certifications to other applicable industry quality standards. Beyond conformance to those international and industry standards, we adhere to our own stringent quality and reliability requirements and those of specific customers. Panduit's global quality systems are intertwined with our environmental management systems. Consequently, we also maintain certification to ISO 14001. Thus Panduit constantly acts to preserve and improve the global environment while creating the quality goods and services that our customers expect. A World of Panduit Products for Expanding World Markets Panduit produces an ever-growing variety of network and electrical solutions that are used throughout the world. Major products include network cabling systems, cable ties, wiring accessories, surface raceway and wiring duct, terminals, power connectors, installation tooling, identification products, heat shrink products, communication connectors and cable management systems.

Products for Many Applications Panduit products are used by customers in telecommunications, original equipment manufacturers, construction, utilities, maintenance and repair operations, office/factory automation, transportation, education, healthcare, finance and government markets. Our leadership position is maintained by an aggressive new product introduction program - the result

of an annual investment of 8-9% of sales in research and development. We continually offer new solutions to meet the ever-changing needs of our customers worldwide. Panduits Sales and Distribution Network Encompasses the World The Panduit sales specialists represent the company to distributors and end users around the globe. They are thoroughly trained to provide accurate product information as well as the latest technical information. Our worldwide network of electrical, electronic and communication distributors ensures local availability of the complete line of PANDUIT products, allowing customers to meet their justin-time requirements. Panduit distributors receive special training that includes internet based, CD-Rom, video and hands-on presentations of product features, specifications and application data. Distributors are supported with an extensive merchandising program and factory inventories that are ready for immediate shipment. Customer Service... Going Beyond the Ordinary When you look beyond our companys products, what do you find? The real heart and soul of what drives us. Panduit's high -quality products are thoroughly supported by a customer service group that is dedicated to our distributors. Our customer service personnel are determined to help our distributor partners be as successful as possible. Take Panduits Centralized Customer Service, for instance. Our distributors receive immediate, personal response from a certified customer service representative with no recorded messages. Knowledgeable, live assistance 11-1/2 hours per day "One Call Does It All" service - our customer service personnel are trained to answer the vast majority of customer questions regarding products as well as stock checks, order and shipment tracking, competitive cross-references, claims assistance, literature and sample orders Central warehousing which provides our customers with one shipment and one invoice per order Industry leading shipping performance (96% of A and B parts ship complete in first shipment in 2 days or less) and personalized distribution "Report Cards" to measure it Complete dock-to-stock order processing EDI, VMI and PAN-SERVE electronic commerce programs Panduit has World Class service performance with a global target error rate of 100 PPM or less. We make every effort to ensure our distributors receive the best service available. As a result, Panduit Distributors are the best in the industry...and we are going to extraordinary measures to keep it that way. A Pioneer in Electronic Commerce Panduit has been a pioneer in the design and implementation of electronic commerce in the electrical industry. We helped develop the EDI Pro standards that are used today throughout this industry. Panduit is committed to ensuring our distributors long term, profitable success. Our Vendor Managed Inventory (VMI) program is an important tool in achieving superior service to the end customer at the lowest total supply chain cost. Panduits investment in proven supply chain software tools like PANPROs VMI software will deliver measurable benefits to our distributors business. Through an automated, daily exchange of data, VMI will plan, optimize and execute the inventory replenishment process with our distributors. Working from the mutually defined inventory goals, Panduits automated VMI program frees up important distributor resources, allowing them to focus on the customer side of their business. Automation, time compression, superior service, cost elimination; these are the goals of our VMI initiative. VMI is another example of Panduits commitment to providing high quality products at the lowest total cost of acquisition.

PAN-SERVE On-line Business System is rapidly establishing a reputation as the best on-line system available from a manufacturer today. It assists our global distribution partners in locating detailed product and price information FAST! PAN-SERVE is extremely easy to use and provides Panduit distributors with the "real-time" information they need to provide their customers with high service levels. All of these electronic commerce programs help to increase the quality of service we are able to provide our customers and to lower the total cost of doing business. We will remain out in front utilizing current technologies in industry standard formats and helping to formulate new ones to reduce our distributors operating costs, increase service levels and improve productivity now and in the future. PANDUIT . . . A WORLD-CLASS COMPANY To meet the challenges of our expanding Network and Electrical markets worldwide, Panduit has invested in extensive R&D, manufacturing, logistics, sales and marketing operations around the globe. Progressive Research and Development Panduits commitment to advanced R&D is second to none in our industry. Leading edge products and performance leadership require significant investment in product and manufacturing technology. Advanced analytical modeling and prototyping capabilities allow our experienced engineering teams to define the state of the art. Driven by an understanding of emerging applications and close contact with our customers and partners, who are global leaders in defining the future, our technical teams transform a customer need into a product reality with industry leading features. New products are the life blood of Panduit. Our dedication to research and development drives us to employ the best people and provide them with the best tools and training in the worldresulting in industry leading products. Panduit Global Manufacturing and Logistics Panduit has World Class manufacturing capabilities in the U.S. with seven plants serving the Americas and overseas markets. In addition, Panduit has a growing base of international manufacturing facilities located around the globe to provide superior service to our customers. With manufacturing facilities in Costa Rica, China, Netherlands and Singapore, we are well positioned to meet the most demanding service levels. All of Panduit's manufacturing facilities are ISO 9000 and ISO14001 certified. Each of these locations are linked together using a single order management system to optimize our global capabilities. This includes: e-mail, forecasting, sales, logistics, engineering, manufacturing and quality assurance. In addition to our outstanding manufacturing capabilities, Panduit has one of the most extensive logistic supply chains in our industry. With twelve global warehouses supporting all product requirements, our ability to service our customers is truly world-class. Our distributors have real-time access to orders placed through these facilities, including order status, expedites, and tracking. Combined with our EDI, VMI and PAN-SERVE systems, channel partners have immediate access to the most up-to-date order information around the world. An International Marketing Organization Our Regional subsidiaries are supported by a network of high quality local, regional and global distributor partners to enhance Panduits International Sales and Marketing efforts. Each subsidiary is self contained and supported by local specialists that understand the language, customs and local market conditions. These regional subsidiaries provide each market with Customer Service, Product Management, Finance, Logistics, Human Resources and a large Direct Sales force capable of delivering superior local service and support.

In addition, our customers have a world of information at their fingertips by accessing the global Panduit web site. There they can find local language information on products, technical guides, instructions, upcoming events, e-commerce and more.

UNLIMITED OPPORTUNITY FOR THE FUTURE The growth of the network and electrical markets offers unlimited potential for Panduit. We are taking part in this growth by developing both existing and new markets throughout the world and broadening our product lines to meet the expanding requirements of our customers. And to achieve these objectives, Panduit: Encourages the highest quality performance through continuous improvement in employee development. Directly links employees to the success of Panduit; success translates to employee career growth opportunities, funds for continued education, training and development and the ability to invest in future product research and development. Intensifies the relationships with distributors and end-user customers in all markets Adopts the strongest, most promising manufacturing technologies while expanding CAD/CAM and CIM/JIT engineering, tool and die and production capabilities