Gores Equity, LLC Purchases Vishay Automotive Systems Business Unit

BOULDER, Colorado, April 10 -- Gores Equity, LLC, announce the acquisition of Vishay Automotive Systems Business Unit (ASBU) from Vishay Intertechnology, Inc. , Malvern, PA, USA. Vishay Electronic Motion Systems (UK) Ltd, designs, manufactures and sells power modules and sub-systems for compressor and pump motor control applications in the automotive, refrigeration, and all terrain vehicle industries. The company has an established track record of producing high quality product, to long term global customers in these fiercely competitive markets over more than 25 years.

The company headquarters and world class manufacturing facility are located in Swansea, Wales with offices in Halifax, Canada and Willich, Germany.

"Electronic Motion Systems is a perfect addition to our portfolio. The company has an impressive team, with an unequalled understanding and commitment towards building the future success of the organization." Commented Mike Hirano, Senior Vice President of Gores Equity, LLC.

"Our experience and industry leading skills, positions the Company to respond to the international demand for the innovative product needed as our customers strive to reduce not only cost, but the emissions or carbon signatures of their products." said Rolf Dahlmanns, General Manager of Electronic Motion Systems Ltd, as the company will now be known.

About GORES EQUITY, LLC

Gores Equity, LLC is a private equity firm focused on acquiring controlling interests in mature and growing businesses which can benefit from the firm's operating experience and flexible capital base. The firm combines the operational expertise and detailed due diligence capabilities of a strategic buyer with the seasoned M&A team of a traditional financial buyer. Gores Equity, LLC has become a leading investor having demonstrated over time a reliable track record of creating substantial value in its portfolio companies alongside management. Headquartered in Boulder, CO, Gores Equity, LLC maintains offices in Boulder, Colorado, San Diego, and Los Angeles, CA. For more information, call 303 531-1000.

About Vishay Intertechnology Inc, Vishay Intertechnology, Inc., a Fortune 1,000 Company listed on the NYSE (VSH), is one of the world's largest manufacturers of discrete semiconductors (diodes, rectifiers, transistors, and optoelectronics and selected ICs) and passive electronic components (resistors, capacitors, inductors, sensors, and transducers). These components are used in virtually all types of electronic devices and equipment, in the industrial, computing, automotive, consumer, telecommunications, military, aerospace, and medical markets. Its product innovations, successful acquisition strategy, and ability to provide "one-stop shop" service have made Vishay a global industry leader. Vishay can be found on the Internet at http://www.vishay.com.

For more information, please contact: Electronic Motion Systems Ltd: Rolf Dahlmanns, +44-1792-543-010 - Office, +44-1792-543-040 - Fax