CPS Technologies Corporation
Grant Bennett, President
111 South Worcester Street
Norton, MA 02766
Telephone: 508-222-0614
Web Site: www.alsic.com

CPS AWARDED $1.05 MILLION IN ADDITIONAL FUNDING FOR ARMOR DEVELOPMENT

Norton, Massachusetts. February 12, 2010. CPS Technologies Corporation (CPS) (OTC Bulletin Board: CPSH) has received an additional award of $1,049,437 from the Army Research Laboratory to continue the development of manufacturing technologies for large modules of hybrid metal matrix composite armor. This funding fully authorizes the Year 3 Program Plan of the existing Cooperative Agreement. The Agreement is a four-year Agreement, funded by the US Department of Defense Manufacturing Technology Program.

In the first two years of the Cooperative Agreement, CPS and ARL worked together to scale up the process for making HybridTech Armor® modules and to design and install new larger casting units. Equipment is now in place to make modules 23” wide and up to four feet long. This can be extended to 40” wide by six or seven feet long with addition of some support equipment. In addition to the equipment installation and process development, CPS has delivered several configurations of HybridTech Armor® modules to ARL for ballistic testing.

CPS’ patented HybridTech Armor® modules are comprised of multiple materials completely enveloped within and mechanically and chemically bonded to lightweight and stiff aluminum metal matrix composites. CPS believes that CPS HybridTech™ armor modules offer a lightweight, multi-hit capable, and cost competitive, alternative to conventional steel, aluminum and ceramic-based armor systems.

CPS has Delivered a Number of HybridTech Armor® Tiles and Modules to ARL for Testing

ABOUT CPS

CPS serves a portfolio of end markets with advanced material solutions, the most significant solution being metal matrix composites (MMCs). CPS has a proprietary, leading position in MMCs for thermal management of electronic components to increase performance and reliability. CPS products are used in internet routers and switches, motor controllers for hybrid vehicles, electric trains and subway cars, cellular telephone base stations and electricity-generating wind turbines, among other applications. CPS also provides components for packaging and structural applications using precision cast aluminum and metal matrix composites.