Measurement Specialties Reaches New Employment Agreement with CEO Frank Guidone

    HAMPTON, Va., April 10 /PRNewswire-FirstCall/ -- Measurement
 Specialties (Nasdaq:   MEAS) announced today it has entered into an
 employment agreement with Frank Guidone, Chief Executive Officer of the
 company, which will change his status to that of permanent employee. Since
 June 2002 Mr. Guidone has been serving as the Company's CEO through a
 consulting arrangement with Four Corners Capital Partners, LP, an
 investment partnership of which he is a principal.
     Mort Topfer, Chairman of the Board of Directors, stated: "We are very
 pleased to reach this employment agreement with Frank Guidone at this time.
 Measurement Specialties is in the midst of a significant growth phase, of
 which Frank is the principal architect. There is much work yet to do, and
 we are pleased he will continue to be at the helm for the foreseeable
 future."
     About Measurement Specialties. Measurement Specialties, Inc. (MEAS)
 designs and manufactures sensors and sensor-based systems to measure
 precise ranges of physical characteristics such as pressure, force,
 vibration, position, humidity, temperature and photo optics. MEAS uses
 multiple advanced technologies -- including piezoresistive, electro-optic,
 electro-magnetic, capacitive, application specific integrated circuits
 (ASICs), micro-electromechanical systems (MEMS), piezoelectric polymers and
 strain gauges -- to engineer sensors that operate precisely and cost
 effectively.
     Contact:  Frank Guidone, CEO
               (757) 766-4400
 
               Boutcher & Boutcher Investor Relations
               Aimee Boutcher or Daniel Boutcher
               (973) 239-2878
 
 

SOURCE Measurement Specialties

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