The Chamberlain Group Acquires International Electronics, Inc.

Date: 7/31/2007

As part of our ongoing commitment to provide you with the latest access control technology and advancements, I am proud to announce that The Chamberlain Group has acquired International Electronics, Inc. (IEI) of Vancouver, Washington.

Established in 1985, IEI is a manufacturer of a diversified line of high-quality consumer and professional electronic products under such brands as Oracle and Reporter and is known for their innovative use of wireless technologies for security and access control. Other product lines include wireless headsets and intercoms, as well as electronics for Internet and automotive applications.

Through this acquisition, Chamberlain is again helping you grow your business by enhancing your ability to offer more integrated product solutions, make installation even easier, and seamlessly interconnect access to homes, gated communities, and commercial applications. Our goal is to continue to give you a competitive edge, as well as additional sales and profit potential.

Integrating IEI’s world-class technology increases the breadth and depth of our access product lines and positions you as a premier provider of integrated access solutions that continue to exceed your expectations.