ISS Selects New CEO with Strong Record of Strategic Growth

PORTLAND, OREGON — Instrument Sales and Service, Inc. (ISS) with headquarters in Portland,Oregon, is pleased to announce the appointment of David A. Lisle as Chief Executive Officer. Gary Jacobs, Chairman of the ISS Board of Directors, stated, “We are pleased to welcome Dave Lisle to ISS. Mr. Lisle will be responsible for growth initiatives and strategy to achieve additional sales and new product and service offerings for our customers and core markets. Dave”s leadership will serve to further enhance the company”s leading position in Product Line Transfer management and Remanufacturing Solutions for Fortune 500 OEM”s.”

New CEO Dave LisleSean Kelly, the prior CEO, will continue to be a major shareholder and board member of ISS. Mr. Kelly added, Iss is thrilled to have Dave on board. I believe he will provide continuity in sales and service to our established customer base, as well as leadership of our organization”s emerging growth initiatives.”

Prior to joining ISS, Mr. Lisle was President/CEO of Wausaukee Composites in Green Bay, Wisconsin, where he oversaw business expansion from 120 employees at two plant locations in 2002 to more than 550 employees at four US plant locations and sales growth in excess of 400%. During that time period Wausaukee Composites became broadly recognized as a leading manufacturer of highly-engineered structural plastic components and assemblies for Fortune 500 OEM customers in the Transportation, Construction, Agricultural Equipment, Medical, Energy, and Corrosion industries, worldwide.

Previously, Mr. Lisle held executive management positions in business development, strategic planning and financial analysis, including roles as Director of Strategic Planning at Unocal Corporation, Director of Product Strategy at Hyster/Yale Materials Handling, and Manager of Planning and Analysis at Amoco Production Company. Mr. Lisle also serves on a number of corporate and not-for-profit boards. Mr. Lisle received his BS degree from Michigan State University, an MS degree from Louisiana State University, and an MBA from The University of Virginia.

About ISS:

Instrument Sales & Service, Inc. is a diversified manufacturing, remanufacturing and distribution company offering past-model product and service solutions for electromechanical components supplied to customers in the automotive, transportation, industrial equipment, and electronic industries. Headquartered in Portland, Oregon, with manufacturing, distribution and sales centers in Seattle, Phoenix, Denver, and Detroit, ISS provides prompt, efficient and accurate original equipment parts and service solutions to more than 7,000 customers both in the United States and internationally. Customers include original equipment manufacturers (OEM”s), Tier-1 suppliers, dealerships, distributors, resellers, and aftermarket service companies. Founded in 1949 as an automotive parts supplier, ISS is an industry leader in providing OEM service and aftermarket parts solutions, and is the premier ElectronicServiceCenter of choice for automotive dealerships nationwide. ISS meets the strictest quality standards in the automotive industry (ISO/TS 16949:2009) as well as ISO 9001:2008 and ISO 14001 Environmental Management Standards.

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