For Immediate Release
June 19, 2006

Maynard, MA - QuadTech, Inc., announces that it has sold its remaining "Classic Product Line" (CPL II) to Long Island-based IET Labs, Inc which is ISO-17025, A2LA accredited. The majority of the CPL Line was sold to IET Labs in early 2000. The entire CPL Line of instrumentation represents those products acquired by QuadTech from GenRad in 1991.

Over the past fifteen years, QuadTech has greatly expanded its product offerings to include Electrical Safety Analyzers, Digital Megohmmeters, Precision LCR Meters, Scanning Systems and Automation Software. These products will continue to be the main focus and core components of QuadTech's business as it moves into Test Systems.

"Since the introduction of our Electrical Safety Instruments and Systems, we have been exposed to a wealth of new and exciting opportunities, especially within the Medical Device manufacturing industry", Phil Harris, President, QuadTech, Inc. said. "The CPL Line helped bring QuadTech into the new millennium and now this sale will allow us to maintain focus on our key target markets, strengthen our core competencies and accelerate growth."

All of the QuadTech employees who are involved with the CPL Line will be joining IET Labs at their West Roxbury MA location, which handles all phases of manufacturing, test and calibration. These employees have many years experience from their start at GenRad to the present. Their unparalleled skill and experience in building and servicing these instruments will carry over to maintain the same quality and reliability for which these products have always been known. IET Labs will restore and grow the market position of the Classic Product Line while maintaining the wider choice of its own IET product line. IET Labs pays particular attention to customer's specialized needs in calibration and metrology equipment. IET will provide sales, maintenance and customer support for all current CPL products and all products which are currently in use by customers.

For more information on QuadTech Products, please contact QuadTech Inc. at 5 Clock Tower Place, 210 East, Maynard, MA 01754 or call (800) 253-1230; fax: (978) 461-4295 or visit the QuadTech website: http://www.quadtech.com

For more information on IET Labs and the CPL products, please contact IET Labs, Inc. at 534 Main Street, Westbury NY 11590 or call (800) 899-8438, (516) 334-5959; fax: (516) 334-5988. Visit the IET Labs website: http://www.ietlabs.com for full product information. Email: sales@ietlabs.com.

About QuadTech:
QuadTech, an ISO 9001 Registered manufacturer, offers a complete line of instrumentation including LCR meters, hipot and ground bond testers, safety analyzers, megohmmeters, milliohmmeters, systems and software, as well as calibration and repair services. Based in Maynard, MA, QuadTech has a worldwide network of direct sales and distributors who service and support customers around the globe. In the United States, all of QuadTech's products carry a 45-day money back guarantee.