CUI Global, Inc.'s Wholly-Owned Subsidiary, CUI Inc, Enables the Next Generation of Innovators as a Supplier for the FIRST® Robotics Competition

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Feb 11, 2015, 05:30 ET

TUALATIN, Ore., Feb. 11, 2015 /PRNewswire/ -- CUI Global, Inc. (NASDAQ: CUI), a platform company dedicated to the acquisition, development, and commercialization of new, innovative products and technologies, today announced that its wholly-owned subsidiary, CUI Inc, has joined forces with FIRST® (For Inspiration and Recognition of Science and Technology) as a supplier of the FIRST® 2015 Robotics Competition (FRC®). FIRST is a not-for-profit organization founded by inventor Dean Kamen to inspire young people's interest and participation in science and technology.

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CUI donated its innovative and flexible AMT103-V encoder kits for the FRC playing field and the 2015 FRC Kit of Parts which was distributed to nearly 2,400 teams of high-school students on January 3, 2015.

"The mission of FIRST is to inspire young people to pursue careers in the science, technology, engineering, and math (STEM) fields. As a supplier, CUI provides tools that aid in experiential learning and allows FIRST to offer participants a glimpse of what it is like to be a real engineer," said FIRST President, Donald E. Bossi.

By providing components for the competition, FIRST Suppliers are putting the latest technology into the hands of students, giving them the opportunity to apply the same tools used by professional scientists and engineers and, ultimately, helping them learn real-world skills they will carry into the workplace.

"CUI is proud to again support the FIRST competition and to provide the participants with our flexible AMT103-V incremental encoder kits," stated Jeff Smoot, VP of Motion Control at CUI. "Our donation to FIRST is seen as a long-term investment in the future of our engineers and we are excited to give participants a hands-on experience with our industry leading products," Smoot concluded.

About FIRST^®
Accomplished inventor Dean Kamen founded FIRST® (For Inspiration and Recognition of Science and Technology) in 1989 to inspire an appreciation of science and technology in young people. Based in Manchester, N.H., FIRST designs accessible, innovative programs to build self-confidence, knowledge, and life skills while motivating young people to pursue opportunities in science, technology, and engineering. With support from over 200 of the Fortune 500 companies and more than $20 million in college scholarships, the not-for-profit organization hosts the FIRST® Robotics Competition (FRC® ) for students in Grades 9-12; FIRST® Tech Challenge (FTC® ) for Grades 7-12; FIRST® LEGO® League (FLL®) for Grades 4-8; and Junior FIRST® LEGO® League (Jr.FLL®) for Grades K-3. Gracious Professionalism® is a way of doing things that encourages high-quality work, emphasizes the value of others, and respects individuals and the community. To learn more about FIRST, go to www.usfirst.org.

About CUI Global, Inc.
Delivering Innovative Technologies for an Interconnected World . . . . .
CUI Global, Inc. is a publicly traded company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. From Orbital Gas Systems' advanced GasPT2 platform targeting the energy sector, to CUI Inc's digital power platform serving the networking and telecom space, CUI Global and its subsidiaries have built a diversified portfolio of industry leading technologies that touch many markets. As a publicly traded company, shareholders are able to participate in the opportunities, revenues, and profits generated by the products, technologies, and market channels of CUI Global and its subsidiaries. But most importantly, a commitment to conduct business with a high level of integrity, respect, and philanthropic dedication allows the organization to make a difference in the lives of their customers, employees, investors and global community.

For more information please visit www.cuiglobal.com

About CUI Inc
CUI Inc is a technology company dedicated to the development, commercialization, and distribution of new, innovative electro-mechanical products. Over the past 20 years, CUI has become a recognized name in electronic components worldwide in the areas of power, interconnect, motion control, and sound. CUI's solid customer commitment and honest corporate message are a hallmark in the industry. CUI is a wholly owned subsidiary of CUI Global, Inc.

For more information, please visit www.cui.com.

Important Cautions Regarding Forward Looking Statements
This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in future operating results due to a number of economic, competitive, and other factors, including, among other things, our reliance on third-party manufacturers and suppliers, government agency budgetary and political constraints, new or increased competition, changes in market demand, and the performance or reliability of our products. These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements. Additional information with respect to these and other factors, which could materially affect the company and its operations, are included in certain forms the company has filed with the Securities and Exchange Commission.

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