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Spectrum Control Reports Fourth Quarter and Annual Profit
Date:1/11/2010

555 21,479 Long-term debt 480 545 Other liabilities 728 978 Deferred income taxes 9,542 8,491 Stockholders' equity 113,424 103,291 ------- ------- Total liabilities and stockholders' equity $143,729 $134,784 ======== ========


    Spectrum Control, Inc. and Subsidiaries
    Condensed Consolidated Statements of Income
    ( Unaudited )

    (Amounts in Thousands, Except Per Share Data)

                            For the Three Months Ended   For the Year Ended
                                    November 30,           November 30,
                                    ------------           ------------
                                  2009        2008       2009        2008
                                  ----        ----       ----        ----

    Net sales                    $34,089    $33,842    $132,306    $130,694

    Cost of products sold         24,684     24,603      97,946      97,932
                                  ------     ------      ------      ------

    Gross margin                   9,405      9,239      34,360      32,762

    Selling, general and
     administrative expense        5,836      5,603      20,756      19,418
                                   -----      -----      ------      ------

    Income from operations         3,569      3,636      13,604      13,344

    Other income (expense):
      Interest expense                16       (125)       (190)       (369)
      Other income and expense,
       net                           (66)       233         (26)        505
                                     ---        ---         ---         ---
                      
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SOURCE Spectrum Control, Inc.
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