MagneMotion Establishes Sales Channel Partner in Southeast Asia

Acton, MA (May 16, 2008)

MagneMotion, a developer and manufacturer of Linear Synchronous Motors (LSM) and controls for manufacturing and assembly automation, material handling and transportation applications, today announced that it has signed a sales representative agreement with Servo Dynamics Pte Ltd of Singapore.

"Servo Dynamics is a recognized leader in providing automation solutions to high-tech companies in Southeast Asia for more than 20 years. With the establishment of this agreement with Servo Dynamics, we anticipate tapping a significant market opportunity for MagneMotion's LSM products in the Pacific Rim region," stated Peter Mattila, MagneMotion Vice President of Sales and Marketing.

"Some of the world's leading companies have adopted our QuickStick® LSM system for their next generation manufacturing platform, due to the significant increase in productivity and higher throughput coupled with a lower total cost of ownership," Mr. Mattila added.

"It is the mission of Servo Dynamics to continuously introduce new technologies and products to the motion control arena we serve," stated Mr. C.K. Teo, CEO and founder of Servo Dynamics. "The opportunity to work with MagneMotion is an honor! During our preliminary market survey for the QuickStick products, we were overwhelmed by the tremendous excitement and response from our customer base. Some customers told us that MagneMotion's products are the dream solution they have been looking for all these years," concluded Mr. Teo.

Under the agreement, Servo Dynamics will provide direct sales, on-site customer support and after-market services to Malaysia, Thailand, China, Hong Kong, Taiwan, Philippines and Indonesia.

About MagneMotion

MagneMotion provides the world's most advanced electromagnetic transportation, assembly and logistics solutions. The company's renowned engineering team has harnessed the power of Linear Synchronous Motor (LSM) and MagLev technology to create faster, more efficient, longer lasting and more affordable automated assembly, manufacturing and transportation products and systems. LSM technology underpins the company's QuickStick, a breakthrough in powering manufacturing and logistics systems, as well as a new class of elevators developed for the U.S. Navy. Organization's ranging from government agencies to major consumer goods companies and value added resellers rely on MagneMotion for superior results.

For more information on MagneMotion Inc., please visit the company website: www.magnemotion.com, or contact MagneMotion at info@magnemotion.com.

About Servo Dynamics

Established in 1987, Servo Dynamics Pte Ltd (SD) is one of the leading motion control and industrial PC solution providers in Singapore and the surrounding region. Servo Dynamics offers products in the fields of motion control, power transmission, mechanical components, industrial computers and automation software. The company serves a broad range of industries in Southeast Asia, including semiconductor, general automation, manufacturing and hard disk, oil and gas, medical, water treatment and telecommunication. For further information, please visit Servo Dynamics' website at www.servo.com.sg.