Black Box Corporation Announces Acquisition of CBS Technologies Corp.

Black Box
Corporation
today announced the acquisition of CBS Technologies Corp. (CBS), a
privately-held company headquartered in Islandia,
NY. CBS has an active customer
base which includes commercial, education and various government agency
accounts. Annual historical revenues of CBS are approximately $12 million.

Robert Corvalan, former CBS President,
commented, “We are excited and energized about this fantastic opportunity with
Black Box to continue to grow our New York customer base with the added
resources of Black Box including their vast selection of voice
and data products.
We look forward to becoming an integral part
of the
Black
Box family
.”

We are excited to join forces with a
high-quality competitor in the
New
York market. This strategic acquisition adds
tremendous strength and expertise to our presence in the Northeast region.


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