IEM announces the termination of their commercial collaboration with Kuhlman Corporation.   Grand Prairie, TX., October 6, 2008 – Industrias IEM announced today the termination of the commercial collaboration agreement held with Kuhlman Electric Corporation since 2006. The arrangement was formed to supplement the commercial efforts of IEM in the U.S. and Canadian markets – conducted by Condumex, Inc., an IEM affiliate – and allowed IEM to manufacture from their plant in Mexico, large power transformers for Kuhlman Electric for the U.S. market.  The termination was necessary due to the recent acquisition of Kuhlman Electric by ABB.  IEM, Kuhlman and Condumex, Inc. are working together to ensure a smooth transition to all joint customers.   Industrias IEM (www.iemtransformers.com) manufactures distribution, large core and shell type power transformers from their plant just outside of Mexico City, MX.   In addition to the continued commercial efforts of Condumex, Inc. in the U.S. and Canada, IEM has recently expanded its sales management force bringing Scott Becker (sbecker@iemtransformers.com) to the team. Mr. Becker, based in Austin, Texas, joined IEM early this summer and brings more than 14 years of transformer sales experience to his new role at IEM.   IEM was founded in 1948 by Mexican investors and Westinghouse Electric for the manufacture of transformers and other electrical products and is currently a Company of Grupo Condumex, the industrial division of GRUPO CARSO, one of the largest conglomerates in Latin America.   Industrias IEM Vía Dr. Gustavo Baz No. 40 Tlalnepantla, Edo. De Mex., Mexico   U.S. and Canada Sales Contacts Condumex, Inc. 2590 114th Street,  Suite 200, Grand Prairie, TX  75050 Phone (972) 352 2321 (817) 455 8024 E mail sbauer@condumex.com Phone (972) 352 2304 (817) 602 0623 E mail sbecker@iemtransformers.com