Cornell Capital to invest in Lorom.

Cornell Capital, a private investment firm, agreed to invest in Lorom, a manufacturing solutions provider focusing on specialized cable manufacturing and assembly. Terms of the transaction were not disclosed. "In today's technology-intensive product marketplace, supplier partners like Lorom are uniquely positioned with vertically integrated capabilities and long-term customer relationships to meet the increasing demand for specialty products. We are impressed by Lorom's founding family and management team and are confident that we can continue to execute our Firm's successful partnership-oriented investment approach in the Asian market. Working closely with the Lorom team, we look forward to accelerating the Company's financial performance and capitalizing on opportunities to drive continued growth across Asia, Europe and North America," Henry Cornell, Founder and Senior Partner of Cornell Capital.