Channel Technologies Group Names Ralph L. Phillips CEO

  Channel Technologies Group Names Ralph L. Phillips CEO

    20-year Industry Veteran to Lead Rapidly Growing Provider of Specialty
            Technologies to Defense, Medical and Energy Industries

Business Wire

SANTA BARBARA, Calif. -- June 14, 2013

Channel Technologies Group, LLC (“CTG”), a manufacturer of piezoelectric
ceramics, transducers and complex sonar and navigation systems used in the
defense, medical technology and energy industries, today announced that Ralph
L. Phillips has been named Chief Executive Officer. Mr. Phillips succeeds
Kevin Ruelas, who is leaving to pursue new opportunities.

CTG was acquired by a group led by an affiliate of Blue Wolf Capital Partners
in December 2011. Adam Blumenthal, Managing Partner at Blue Wolf, said, “We
are pleased to have Ralph join Channel Technologies at an exciting time for
the company. His well-rounded industry experience and engineering expertise
will be invaluable as the company pursues growth opportunities in the critical
defense, energy and medical technology sectors.”

Blue Wolf Principal Haranjeet Narulla added, “We thank Kevin for his years of
work that built Channel Technologies into a market leader and wish him great
success in his future endeavors. Going forward, we are committed to
maintaining CTG's leadership status through new capital investments, a
sharpened strategic focus, strong partnerships with customers and suppliers,
and by building a top quality team that will spur Channel Technologies'
growth.”

Mr. Phillips most recently served as President of Smiths Interconnect, a
division of Smiths Group Plc, a multinational engineering company. Before
joining Smiths in 2004, he was president of TECOM Industries, a portfolio
company of Veritas Capital. Earlier, Mr. Phillips held various management
positions at Northrop Grumman, Litton Industries, and Teledyne. He holds a
B.S. in Civil Engineering from Stanford University.

Mr. Phillips said, “I am delighted to become part of the Channel Technologies
team. I look forward to working with the many talented people at this dynamic
company to break new ground and deliver the high-quality, forward-looking
products that our customers demand.”

About Channel Technologies Group

Channel Technologies Group (www.channeltechgroup.com) is a vertically
integrated manufacturer that specializes in mission critical technologies for
military and commercial applications. Since its founding in 1959 as Channel
Industries, Channel Technologies has been providing a broad range of highly
engineered value added products, components, and systems for use in the most
demanding environments. Channel Technologies' products and services are used
in a variety of applications and by diverse end users, including medical
device manufacturers, oil service and exploration companies, and customers in
the defense industry, including several departments of the U.S. Navy and many
leading defense contractors.

About Blue Wolf Capital Partners

Blue Wolf Capital Partners is a private equity firm that invests in companies
in which effective management of relationships with complex constituencies,
such as government and labor, can change organizations and create value. For
additional information, please visit www.blue-wolf.com.

Contact:

Owen Blicksilver Public Relations, Inc.
Caroline Luz, 203-656-2829
caroline@blicksilverpr.com
 
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