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Nu-Cast, Inc. and Brush Wellman, Inc. Joint Venture

NU-CAST / BRUSH WELLMAN JOINT DEVELOPMENT ANNOUNCEMENT

Nu-Cast, Inc. and Brush Wellman, Inc. announced today that they have signed a Development Agreement that, through research and development phases, and due diligence will lead to the establishment of a joint venture to manufacture investment castings of aluminum beryllium alloys. Terms were not disclosed.

Nu-Cast Inc., headquartered in Londonderry, NH, was founded in 1985. Nu-Cast is recognized as a leader in the manufacture of complex aluminum investment castings. Specializing in large light weight structures, they feature components for electronic, optical, telecommunications, and aerospace projects worldwide. Nu-Cast also provides hardware for the NASA agencies and defense and military contractors. Rapid Prototyping and fast track castings are a mainstay of its ISO/AS9100 business. Nu-Cast has developed specialty ceramic formulations that will support beryllium – aluminum product applications for the worldwide market.

Brush Wellman Inc., headquartered in Mayfield Heights, Ohio, is a wholly owned subsidiary of Brush Engineered Materials Inc. and is the leading fully integrated manufacturer of beryllium and beryllium- containing materials worldwide. Through its subsidiaries, Brush Engineered Materials Inc. supplies worldwide markets with alloy products, beryllium products, electronic products, precious metal products, and engineered material systems. Around the world, the company's engineered materials can be found in technically demanding end-use products within the telecommunications and computer, automotive electronics, appliance, industrial components, plastics tooling, optical media, oil and gas, aerospace and defense, and off-highway and mining equipment markets.

Brush Wellman holds two patents for investment castings of aluminum beryllium containing 40-70% beryllium. Aluminum beryllium investment castings will provide favorable cost/benefit advantages for high performance defense, aerospace and precision industrial equipment applications requiring a combination of ultra light weight, stiffness, mechanical stability and favorable thermal properties.

For additional information, visit www.berylliumproducts.com and www.nu-cast.com

Submitted by R. Poirot
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