Magnetek, Inc. Acquires the Assets and Business of Enrange LLC

Tue Feb 5, 2008 5:00pm EST

* Reuters is not responsible for the content in this press release.

MENOMONEE FALLS, Wis.--(Business Wire)--
Magnetek, Inc., (NYSE:MAG) a leading designer and manufacturer of
power control and delivery systems for the overhead material handling
industry, today announced it has acquired the assets and business of
Enrange LLC, Canonsburg, Pa. ("Enrange"). Enrange is a wireless
control manufacturer providing radio remote controls for the material
handling, industrial, hydraulic and rock mining industries. Enrange
reported sales of approximately $3 million for the year ended Dec. 31,
2007.

   Vice President and General Manager for Magnetek's material
handling business Perry Pabich said, "In conjunction with our current
Telemotive and PulseStar(R) radio control product lines, the
acquisition of the Enrange business broadens the wireless control
product portfolio we offer our existing customers and allows us to
penetrate additional markets."

   Pabich added, "Enrange has a proven track record of developing
state-of-the-art radio frequency products, which will augment
Magnetek's wireless controls research and development efforts."

   Peter McCormick, Magnetek's chief operating officer said, "This
acquisition - coupled with our Electromotive Systems drives and
electrification products, Mondel brakes, and Telemotive and PulseStar
radio control product lines - further strengthens our position as the
premier provider of products and services to the material handling
industry."

   The Enrange business will continue to operate out of the
Canonsburg facility. Current Enrange President Chris Dulin will lead
product marketing and wireless controls research and development for
all of Magnetek's radio control product lines.

   About Magnetek

   Magnetek manufactures digital power and motion control systems
used in material handling, people-moving, communications and energy
delivery. Headquartered in Menomonee Falls, Wis., in the greater
Milwaukee area, Magnetek operates manufacturing plants in Pittsburgh,
Pa., and Mississauga, Ontario, Canada, as well as Menomonee Falls. For
its fiscal year ended July 1, 2007, Magnetek's revenues were $103.8
million. Please visit www.magnetek.com for more information.

   About Enrange

   Enrange is based in Canonsburg, Pa. Please visit www.enrange.com
for further information.

   This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
including statements regarding the effect of the acquisition of the
Enrange business on Magnetek's business and its position in the
material handling industry. These forward-looking statements are based
on the Company's expectations and are subject to risks and
uncertainties that cannot be predicted or quantified and are beyond
the Company's control. These risks and uncertainties include effects
of economic, market and operating conditions on the Company and its
financial results. Other factors that could cause actual results to
differ materially from expectations are described in the Company's
reports filed with the Securities and Exchange Commission pursuant to
the Securities Exchange Act of 1934.

Magnetek, Inc.
Marty Schwenner, Chief Financial Officer, 262-703-4282
mschwenner@magnetek.com

Copyright Business Wire 2008
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