Plexus : Plexus Corp. and U.S.R. Electronic Systems (1987) LTD. Announce Strategic Partnership

   Plexus : Plexus Corp. and U.S.R. Electronic Systems (1987) LTD. Announce
                            Strategic Partnership

February 20, 2013

NEENAH, WI, February 20, 2013 - Plexus Corp. (NASDAQ: PLXS), today announced
it has entered into a strategic agreement with U.S.R. Electronic Systems
(1987) LTD. (USR). Headquartered in Karmiel, Israel, USR is a leading
Electronic Manufacturing Services (EMS) provider with a robust engineering and
manufacturing presence. USR will partner with Plexus to support the needs of
Plexus' customers requiring manufacturing and engineering solutions within
Israel. Plexus will broaden services to USR's customer base, providing
Product Realization solutions in locations in which USR does not currently
operate, including the North American, European and Asia-Pacific regions.

Michael Verstegen, Plexus Senior Vice President of Global Market  Development, 
commented, "This strategic  agreement expands and  strengthens our ability  to 
support the unique demands  of our customers  requiring an Israeli  solution. 
USR's focus on  quality and reliability,  encompassed with lean  manufacturing 
principles, complements Plexus' business principles. The management staff  at 
USR and its vision for servicing the Israeli market align with Plexus and  our 
focus  on  servicing  the  needs  of  mid-to-low  volume,  higher   complexity 

Eddie  Guez,  USR   Chief  Executive  Officer,   commented,  "Plexus'   global 
capabilities afford our customers new  and expanded abilities to bridge  their 
markets across the world. Plexus is an industry leader, recognized for  their 
unique Product Realization Value Stream solutions that provide their customers
competitive differentiation. We are excited at the prospective  opportunities 
this agreement will bring to USR and our customers."

For further information, please contact:

Michael Verstegen - Senior Vice President of Global Market Development
920-751-3236 or

About Plexus Corp. - The Product Realization Company

Plexus  (  delivers  optimized  Product  Realization  solutions 
through a  unique  Product  Realization  Value  Stream  service  model.  This 
customer-focused  services  model  seamlessly  integrates  innovative  product 
conceptualization, design, commercialization,  manufacturing, fulfillment  and 
sustaining  services  to  deliver   comprehensive  end-to-end  solutions   for 
customers in the America, European and Asia-Pacific regions.

Plexus  is  the  industry  leader  in  servicing  mid-to-low  volume,   higher 
complexity customer programs characterized by unique flexibility,  technology, 
quality  and  regulatory  requirements.  Award-winning  customer  service  is 
provided    to    over    140    branded    product    companies    in     the 
Networking/Communications, Healthcare/Life Sciences, Industrial/Commercial and
Defense/Security/Aerospace market sectors.

About U.S.R. Electronic Systems (1987) LTD.

USR is  a  privately  owned  company, with  over  700  professional  employees 
servicing many customers worldwide.  The company operates out  of 3 sites  in 
Israel: manufacturing at two advanced factory sites in Karmiel and  Jerusalem, 
and R&D, Engineering and mechanical design in Tel Aviv.

USR is capable of high quality  and quick turn-around time, and  manufacturing 
for large quantities as well as  small designated quantity for start-ups.  The 
slogan - "Devoted partners for Turn-key solutions", reflects vast capabilities
from initial designing and prototype phase all the way to delivery to the  end 
client, and literally positions USR as the ideal partner for any EMS  turn-key 

Safe Harbor and Fair Disclosure Statement

The statements contained in this release which are guidance or which are not
historical facts (such as statements in the future tense and statements
including "believe," "expect," "intend," "plan," "anticipate," "goal,"
"target" and similar terms and concepts), including all discussions of periods
which are not yet completed, are forward-looking statements that involve risks
and uncertainties. These risks and uncertainties include, but are not limited
to: the success of the Plexus and USR relationship in attracting business or
fulfilling customer requirements, the risk of customer delays, changes,
cancellations or forecast inaccuracies in both ongoing and new programs; the
poor visibility of future orders, particularly in view of current economic
conditions; the effects on Plexus of Juniper Network, Inc.'s (Juniper's)
intended disengagement, including limited visibility as to Juniper's demand
during the transition and the timing of disengagement; the economic
performance of the industries, sectors and customers we serve; the effects of
the volume of revenue from certain sectors or programs on our margins in
particular periods; our ability to secure new customers, maintain our current
customer base and deliver product on a timely basis; the particular risks
relative to new or recent customers or programs, which risks include customer
and other delays, start-up costs, potential inability to execute, the
establishment of appropriate terms of agreements, and the lack of a track
record of order volume and timing; the risks of concentration of work for
certain customers; our ability to manage successfully a complex business model
characterized by high customer and product mix, low volumes and demanding
quality, regulatory, and other requirements; the risk that new program wins
and/or customer demand may not result in the expected revenue or
profitability; the fact that customer orders may not lead to long-term
relationships; the effects of shortages and delays in obtaining components as
a result of economic cycles or natural disasters; the risks associated with
excess and obsolete inventory, including the risk that inventory purchased on
behalf of our customers may not be consumed or otherwise paid for by the
customer, resulting in an inventory write-off; the weakness of areas of the
global economy and the continuing instability of the global financial markets
and banking system, including the potential inability of our customers or
suppliers to access credit facilities; the effect of changes in the pricing
and margins of products; the effect of start-up costs of new programs and
facilities, such as our announced plans to replace facilities in Romania and
the United States, and other recent, planned and potential future expansions;
increasing regulatory and compliance requirements; possible unexpected costs
and operating disruption in transitioning programs; raw materials and
component cost fluctuations; the potential effect of fluctuations in the value
of the currencies in which we transact business; the potential effects of
regional results on our taxes and ability to use deferred tax assets; the
potential effect of world or local events or other events outside our control
(such as drug cartel-related violence in Mexico, changes in oil prices,
terrorism and weather events); the impact of increased competition; and other
risks detailed in the Company's Securities and Exchange Commission filings
(particularly in Part I, Item 1A of our annual report on Form 10-K for the
fiscal year ended September29, 2012).

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Source: Plexus via Thomson Reuters ONE
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