Kaman Announces National Distributor Agreement with Schneider

  Kaman Announces National Distributor Agreement with Schneider

Business Wire

BLOOMFIELD, Conn. -- December 18, 2012

Kaman Corporation (NYSE:KAMN) today announced that its subsidiary, Kaman
Industrial Technologies Corporation (KIT) has entered into a national
distributor agreement with Schneider Electric, a global specialist in energy
management. Effective immediately, KIT, a leading Power Transmission
distributor in the United States, will become a distributor for Schneider
Electric’s line of industrial automation and control products as well as
select power control and protection products commonly used in motor control
applications.

“We are pleased to be working with KIT, one of the most highly-ranked Power
Transmission distributors in the country,” said Mary Ramsey, SVP, Schneider
Electric Industry Business. “This agreement provides our mutual customers with
a new level of expertise and an ability to deliver technical solutions for
both end users and OEMs. It also allows Schneider Electric to enter new
channels to market with a partner that boasts a large footprint.”

“KIT provides a different entry point to our potential customers,” added Jeff
Jervah, Director of Channel Development at Schneider Electric Industry
Business. “We look forward to working together to provide the Power
Transmission market a comprehensive line of drives, controls, automation and
sensors products from one supplier – an offering that is currently absent from
the market.”

As part of the agreement, Schneider Electric will become KIT’s primary line of
AC drives, sensors, low voltage controls and automation. The deal also
authorizes the sale of Schneider Electric Programmable Logic Controllers
(PLCs), Human Machine Interfaces (HMIs) and signaling equipment. KIT will
begin stocking these products at its more than 200 locations throughout the
U.S. in the first quarter of 2013.

Schneider Electric’s products align with the existing focus of Power
Transmission/Motion Control distributors, a group accustomed to technical
solution sales of applied products that require a high degree of expertise. To
further ensure the best solutions are delivered to mutual customers, Schneider
Electric will also provide drives specialists to support a mutually agreed
upon number of KIT branches. Each specialist is certified and will offer
support and technical knowledge.

Steve Smidler, President of KIT stated, “We are pleased to expand our
strategic relationship with Schneider Electric nationally and to be able to
offer their world class products to our more than 50,000 customers. We have
built a strong network to offer Electrical & Automation Control, MRO-Bearing &
Power Transmission, and Fluid Power products to a broad cross section of North
American industry.”

KIT was previously authorized to offer Schneider Electric products through
only five locations, acquired earlier this year via the acquisition of the
operating assets of Zeller Corporation.

About Kaman

Kaman Industrial Technologies Corporation is one of two operating Segments of
Kaman Corporation. KIT is a distributor and service provider to North American
industry from more than 240 locations and 5 distribution centers in three
business platforms; Electrical and Automation Control, MRO-Bearings and Power
Transmission, and Fluid Power. The company provides a commitment of
technological leadership and value-added services to industry. KIT’s core
business lies in the supply and application of standard components, in
addition to offering customers single-source responsibility and accountability
for each product line. Kaman Corporation, founded in 1945 by aviation pioneer
Charles H. Kaman, and headquartered in Bloomfield, Connecticut also conducts
business in the aerospace market. More information is available at
www.kaman.com.

About Schneider Electric

As a global specialist in energy management with operations in more than 100
countries, Schneider Electric offers integrated solutions across multiple
market segments, including leadership positions in Utilities &
Infrastructures, Industries & Machine Manufacturers, Non-residential
Buildings, Data Centers & Networks and Residential. Focused on making energy
safe, reliable, efficient, productive and green, the company’s 130,000 plus
employees achieved sales of about $31 billion (22.4 billion Euros) in 2011,
through an active commitment to help individuals and organizations make the
most of their energy. www.schneider-electric.com/us

Contact:

Kaman Corporation
Eric Remington, 860-243-6334
VP, Investor Relations
eric.remington@kaman.com
 
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