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Littlejohn & Co., LLC Acquires Universal Lighting Technologies

NASHVILLE, TN June 15, 2001 — Universal Lighting Technologies Inc. (formerly MagneTek Lighting Products Group), a leading manufacturer of electronic and magnetic ballasts, has been acquired by Littlejohn & Co., LLC, a private investment organization.

“With the acquisition by Littlejohn, Universal Lighting Technologies is entering the next phase in its long and respected history. The company will continue its aggressive efforts on new product introductions with advanced designs for the lighting market, while maintaining its focus on energy conscious applications. Our foundation and commitment to quality, reliability and innovation are stronger than ever,” commented Pat Sullivan, president and chief executive officer. “We look forward to our continued role as a well-respected leader in the lighting industry.”

The focus of Universal Lighting Technologies is service, growth and new product innovations for the lighting industry. Universal Lighting Technologies offers some of the oldest and most trusted brand names including Universal and Triad ballast product lines.

“Universal Lighting Technologies focuses on the core values established by its predecessor, Universal Manufacturing Company, where the customer comes first,” explained Bill Kirkland, vice president of sales and marketing. “We are dedicated to making it easy to do business with us by offering superior products and industry-leading customer service.”