SBS Technologies and Lumistar Enter into a Strategic Alliance to Create Next Generation Telemetry Products

SBS Technologies, Inc., Computer Group, (Nasdaq: SBSE), today announced a strategic alliance between SBS Technologies, Inc. and Lumistar, LLC to cooperatively distribute and support a selected set of products for telemetry solutions. Both companies will jointly develop a digital bit synchronizer daughterboard for SBS compatible products based on a core design exclusively licensed by Lumistar from IN-SNEC. SBS and Lumistar will pass through their standard 2-year warranties for the selected products.

"We are excited about the opportunity to work closely with SBS to offer an enhanced product line for our worldwide customers. The products that Lumistar has introduced since its inception in March 2000 have received excellent reviews from our customers, but we have not been able to offer the complete breadth of products that are required for flight test and satellite applications. This cooperative agreement with SBS will immediately increase the number of products that we have to offer and generate new business for both Lumistar and SBS," said David Penharlow and John Reeser, general managers of Lumistar, LLC.

"We look forward to working closely with Lumistar in the Telemetry market. We feel that there are strong synergies between our product lines and together we can offer excellent new products to our customers," said Rich Wade, general manager, SBS Technologies, Inc., Computer Group Avionics Products.

SBS and Lumistar offer individual product strengths when used together offer complete solutions that will benefit both existing and future customers. Collectively, the two companies will offer products and technologies such as RF radio products for L and S band; IF receivers; RF downconverters, subcarrier demodulators; bit synchronizers; decommutators; PCM simulators; DACs and bit error rate testers.

About SBS Technologies, Inc., Computer Group
SBS Technologies, Inc., Computer Group designs and manufactures state-of-the-art industrial computing technology, including X86 based designs on VMEbus and CompactPCI with commercial, industrial and ruggedized configurations. These designs offer embedded computing solutions for real-time control, simulation, operator interface, factory automation and many other similar applications.

About SBS Technologies, Inc.
SBS Technologies, Inc. (Nasdaq: SBSE) is a leading designer and manufacturer of standard bus embedded computer components for CompactPCI, VME, embedded PC and custom standalone applications. SBS product lines include CPU (Pentium and PowerPC) boards, WAN I/O modules, industrial I/O modules, avionics modules and analyzers, bus interconnection products, expansion units, real-time networks, telemetry boards, data acquisition software, and industrial-grade computers. SBS embedded computer components are used in a variety of applications, such as telecommunications, medical imaging, industrial control and flight instrumentation.

This release contains forward-looking statements regarding a strategic business partnership that is subject to a number of risks and other factors that could cause the actual results of the partnership to differ materially from those suggested or implied in these forward-looking statements. Among such factors are: business and economic conditions generally, and in the markets addressed by Lumistar and all other SBS products; customer acceptance of and demand for Lumistar's and all SBS products; SBS' and Lumistar's ability to design, test and introduce new products on a timely basis and to economically and effectively integrate their products to reach the intended market; the cyclical nature of the markets addressed by Lumistar and all other SBS products; and additional risk factors listed in SBS' Form 10-K for the year ended June 30, 2000 filed with the Securities and Exchange Commission.

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