Spell Capital Partners, LLC News

LAI Launches New Web Site

SCOTTSDALE, Ariz., July 3 PRNewswire — LAI International, Inc. has announced the launch of its newly re-designed web site LAIco.com, unveiling its new brand identity as strategic supplier of precision components and sub-assemblies for original equipment manufacturers.

"The new web site communicates LAI's successes, including its significant growth, technological developments, manufacturing innovations and superior customer service," Ed Chapman, V.P. of business development, said. "The re-vamped site reflects LAI's leadership position in providing complete contract manufacturing solutions and services for mission-critical applications in aerospace, power generation, defense and other advanced technology industries."

LAI has also introduced its new tagline "The Precision Manufacturing Experts," reinforcing the company's excellence in delivering precision engineered components and assemblies to its customers.

The site highlights LAI's major accounts — the largest OEMS in the world — including BAE, The Boeing Company, GE, Lockheed Martin, Northrop Grumman and Pratt & Whitney, among others.

The completely redesigned web site has undergone significant enhancements in navigation, content and search capability. The site features an offer for comprehensive manufacturing evaluations by LAI's team of manufacturing experts, and includes a new downloadable presentation, announcements, case studies, testimonials and examples of LAI's manufacturing solutions.

About LAI International

LAI is an approved supplier for large potential growth manufacturing programs, including projects in green power plant technology, aircraft parts and sub-assemblies, and defense components. Revenues are forecast to reach $60 million in 2008, with an employment base projected at 350 by the end of the year.

LAI continues to execute its strategy of expanding its capabilities by taking on more of its customers' supply chain. LAI's acquisition in 2007 of RTI, Scarborough, Maine, expanded its capabilities in manufacturing power generation and rotating equipment. In addition, LAI operates four other manufacturing facilities, dispersed in key manufacturing regions across North America, with locations in Minneapolis, Phoenix, Tucson and Westminster, Md.

All five of LAI's fabrication facilities are ISO 9001:2000 and AS9100 certified. The company also offers NADCAP certified non-conventional machining and welding processes. In addition, LAI has best-in-class manufacturing design teams located at each of its production facilities, enabling optimized production throughput and quality.

LAI is known for its experience in supply chain management of complex manufacturing processes and its technical expertise in advanced waterjet cutting, drilling and five-axis machining, as well as precision laser processing, including laser cutting, drilling, welding, heat-treating and five-axis machining. The company also offers high-speed CNC machining, electrical discharge machining, including wire, plunge and hole-drilling EDM processing, five-axis grinding, welding, conventional machining and certified gage calibration. Additional capabilities include sheet metal fabrication, tool design and air-flow inspection.

LAI was acquired by Spell Capital Partners, LLC, Minneapolis, Minn. Its corporate headquarters are located in Scottsdale, Ariz. For more information, see http://www.LAIco.com.

SOURCE LAI International, Inc.

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