March 2010 Newsletter

MCRC is pleased to announce a new investment in MicroSense, LLC.

The company, previously known as ADE Technologies, Inc., a subsidiary of KLA-Tencor Corporation, designs, manufactures and sells ultra-high precision instruments including precision capacitive position sensors and magnetic metrology instruments and capital equipment for state-of-the-art magnetic measurement. Founded in 1967 by Robert C. Abbe, the capacitive sensor business was originally a part of ADE Corporation, a former MCRC portfolio company. ADE was renowned for its visionary and novel approaches to high resolution, non-contact measurement for demanding dimensional gaging applications. High resolution capacitive sensors for position and displacement measurement (also known as “cap gages”) became synonymous with “ADE” and its trademarked name, “MicroSense”. Today, the company serves a host of industries including data storage, semiconductor, machine tool, life science and automotive. MicroSense provides customer value and security, through leading edge performance, extensive business experience, financial strength and world-wide support. The company delivers state-of-the-art measurement performance in its products by working closely with customers – engineers, researchers and scientists around the world – to solve their most demanding measurement requirements. In late 2009, MCRC provided financing to support the acquisition of MicroSense by the management team and a group of private investors, including Valero Capital Partners (a new fund formed by Jim Pelusi) and Robert Abbe. With renewed energy and increased focus on new growth opportunities, the company expects to increase its market share. For more information about MicroSense, visit their website (www.microsense.net).

MicroSense selected Segue Manufacturing Services (www.segue-mfg.com), a current MCRC portfolio company, as its primary contract manufacturer to help balance the demands of a cyclical market. Tom McNabb, President of MicroSense said “We chose Segue as our primary contract manufacturing partner knowing their strong reputation for high-quality product, cost-effective manufacturing and their strong balance sheet, all of which are critical to the success of our partnership and our customers.”