Optronics Products, Inc.

FOR IMMEDIATE RELEASE
January 24, 2005
Contact: Lauren B. Sinai

OPTRONICS PRODUCTS, INC. ACQUIRES LEADING PROVIDER OF INTERIOR LIGHTING FOR RECREATIONAL VEHICLES AND HEAVY-DUTY TRUCKS

With Acquisition, Prospect Partners' Fund I Platform Company Augments Product Line, Distribution Network


CHICAGO, Ill.—January 24, 2005: Optronics Products, Inc., a platform company of Prospect Partners I, L.P. based in Muskogee, Oklahoma, has acquired LITECO, a leading manufacturer and wholesale supplier of high-quality interior lighting products and accessories. LITECO, of Elkhart, Indiana, supplies a wide variety of OEMs in the recreational vehicle (RV), marine, heavy-duty truck, van and specialty vehicle markets in the United States and Canada.

LITECO's product line includes segments such as fluorescent, incandescent and halogen lighting as well as a variety of electrical and non-electrical accessories.

"LITECO is a solid business with a long history of success," says Greg Bland, Chief Executive Officer of Optronics. "It offers the broadest product line in its industry, and we're excited to expand our presence in and beyond our current markets, especially RVs and heavy-duty trucks, with such a strong brand."

Optronics Products, Inc. is a leading provider of outdoor products and specialty lighting accessories. It designs, imports and markets recreational, industrial and vehicular lighting for the automotive, marine and sporting goods markets. Sold nationwide via automotive, sporting goods, marine specialty chain and other other retailers, including mail-order, Optronics' products and related accessories include head lamps, spotlights, truck/trailer lighting, auxiliary lighting and hunting/fishing lights under such brand names as Optronics, Illuma-Light, Burners, BlueEye Beam, BlackEye Beam and Nightblaster. The company also markets branded binoculars, compasses and other outdoor products through sporting goods and specialty retailers.

Prospect Partners, LLC of Chicago, Illinois is a leading investor in unique lower-middle-market companies, managing two private equity funds totaling $270 million. Since its founding in 1998, Prospect Partners has focused on management-led leveraged acquisitions and has invested in nearly 45 leading companies within many niche consumer, commercial, specialty distribution and service markets throughout the United States.

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