Horton Capital Partners Urges CPS Technologies Shareholders to Vote AGAINST Entrenched Board Candidates Grant Bennett, Thomas Culligan, Francis Hughes and Daniel Snow

PHILADELPHIA, April 19, 2017

As outlined in its prior letters and reiterated in the presentation released today, Horton believes CPS has significant potential but has continually and significantly underperformed its comparable peer group by a differential of at least 100% over the past 1, 3, 5 and 10 years.

The Horton Fund has made significant efforts over the past several years to offer help and insight to improve the Company - yet its efforts have been courteously but firmly rebuffed by the Company. Since going public with its concerns last December, Horton has received encouraging, positive feedback from approximately 25% of the shareholder base who are also supportive of meaningful change.   

This year's shareholder vote matters more than ever as the Company has recently adopted Horton's majority voting proposal for the election of Directors. 

Horton urges CPS shareholders to send a clear message to the Board that the status quo is no longer acceptable by voting "AGAINST" the Company's current nominees for Directors. 

Links to Horton's Public Communications

December Letter: http://thehortonfund.com/wp-content/uploads/2016/12/cpsbodletter121616Final.pdf
March Letter: http://thehortonfund.com/wp-content/uploads/2017/03/Horton-Letter-to-CPSH-BOD-03312017.pdf 
April Presentation: http://thehortonfund.com/wp-content/uploads/2017/04/Horton-Presentation-to-CPSH-Shareholders-April-2017.pdf