Sypris Awarded Contract Extension with ArvinMeritor

LOUISVILLE, Ky.--Sypris Technologies, Inc., a subsidiary of Sypris Solutions, Inc., announced today that it has entered into a multi-year extension of its supply agreement with ArvinMeritor to provide drive train components for its commercial vehicle axle line. Terms of the agreement were not disclosed.

“We are pleased to have this opportunity to solidify our relationship with ArvinMeritor”

“We are pleased to have this opportunity to solidify our relationship with ArvinMeritor,” said Jeff Davis, Director of Sales and Marketing for Sypris Technologies. “We view this agreement, which has been in place for over five years, as an important platform from which to build our relationship with ArvinMeritor and its affiliates in the future.”

ArvinMeritor, Inc. is a premier global supplier of a broad range of integrated systems, modules and components to original equipment manufacturers and the aftermarket for the transportation and industrial sectors. The company serves commercial truck, trailer and specialty original equipment manufacturers and certain aftermarkets, and light vehicle manufacturers. ArvinMeritor marked its centennial anniversary in 2009, celebrating a long history of 'forward thinking.' ArvinMeritor common stock is traded on the New York Stock Exchange under the ticker symbol ARM. For important information about the company, visit arvinmeritor.com.

Sypris Technologies is a premier manufacturer and supplier of drive train and other critical components for the commercial vehicle, automotive, recreational vehicle, mining, agriculture and energy markets. Sypris is based in Louisville, Kentucky. With facilities located throughout North America, Sypris continues to meet the needs of the industry after more than 90 years.

Sypris Solutions is a diversified provider of technology-based outsourced services and specialty products. The Company performs a wide range of manufacturing and technical services, typically under multi-year, sole-source contracts with major corporations and government agencies in the markets for aerospace and defense electronics and truck components and assemblies. For more information about Sypris Solutions, visit its Web site at www.sypris.com.