WAYTRONX ANNOUNCES FY 2009 FINANCIAL RESULTS

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Record revenue in Fourth Quarter demonstrates value of Japanese acquisition, strength of core business products, and significance of new technologies

TUALATIN, Ore. – April 1, 2010 – Waytronx, Inc. (OTCBB: WYNX), one of the World’s premier licensing companies specializing in the acquisition and commercialization of proprietary technologies and its wholly owned subsidiary, CUI, INC., a provider of electromechanical components, today announced year-end financial results for the year ended December 31, 2009.

The Company’s net revenues for the year ended December 31, 2009 were $28.8 million with an EBITDA of $1.1 million. These results represent operations for the combined companies and reflect CUI-Japan and Comex Electronics results from the date of acquisition in July 2009.  Combined non-GAAP supplemental disclosure follows this release.

Significantly, revenue in the Fourth Quarter 2009 amounted to $8.7 million, as compared to Fourth Quarter 2008 revenues of $6.5 million.  The $8.7 million revenue figure represents the largest single quarter ever reported by the company and a 33% year-over-year growth rate.

William Clough, chief executive officer, stated, “These results clearly demonstrate the continuing value of the Japanese acquisition, the re-structuring of our sales group, and the introduction and commercialization of new, proprietary technologies.”

“In spite of the downturn in the economy generally, we at Waytronx continue to seek out and acquire new product lines; identify strategic partnerships; develop new technologies; and institute other initiatives to streamline our company, reduce costs, and enhance profitability,” Clough concluded.

About Waytronx, Inc.

Waytronx, Inc. has pioneered and is developing innovative thermal management solutions capable of revolutionizing the semiconductor, solar and electronic packaging industries, among others, utilizing its patented WayCool™/WayFast™ hybrid mesh architecture.  In addition, through its acquisition of CUI, Inc. in May 2008 and CUI-Japan in July 2009, Waytronx has developed the infrastructure, expertise, and platform necessary to acquire, develop, and commercialize new technologies.  Waytronx changed its name from OnScreen Technologies in December 2007. For more information, please visitwww.waytronx.com. 

About CUI, Inc.

CUI, Inc. is a solutions provider of electromechanical components and industrial controls for OEM manufacturing. Since its inception in 1989, CUI has been delivering quality products, extensive application solutions, and superior personal service.  CUI’s solid customer commitment and honest corporate message are a hallmark in the industry.  CUI is a wholly-owned subsidiary of Waytronx, Inc. For more information, please visitwww.cui.com.

EBITDA is a non-GAAP financial measure and is reconciled to our GAAP net loss as follows:

EBITDA does not represent funds available for management’s discretionary use and is not intended to represent cash flow from operations. EBITDA should not be construed as a substitute for net loss or as a better measure of liquidity than cash flow from operating activities, which is determined in accordance with United States generally accepted accounting principles ("GAAP").

EBITDA excludes components that are significant in understanding and assessing our results of operations and cash flows. In addition, EBITDA is not a term defined by GAAP and as a result our measure of EBITDA might not be comparable to similarly titled measures used by other companies.

However, EBITDA is used by management to evaluate, assess and benchmark the Company’s operational results and the Company believes that EBITDA is relevant and useful information, which is often reported and widely used by analysts, investors and other interested parties in our industry. Accordingly, the Company is disclosing this information to permit a more comprehensive analysis of its operating performance, to provide an additional measure of performance and liquidity and to provide additional information with respect to the Company’s ability to meet future debt service, capital expenditure and working capital requirements.

This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements.  The company may experience significant fluctuations in future operating results due to a number of economic, competitive, and other factors, including, among other things, our reliance on third-party manufacturers and suppliers, government agency budgetary and political constraints, new or increased competition, changes in market demand, and the performance or reliability of our products.  These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements.  Additional information with respect to these and other factors, which could materially affect the company and its operations, are included in certain forms the company has filed with the Securities and Exchange Commission.

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WayCool, WayFast, Waytronx and OnScreen are trademarks of Waytronx, Inc. Other names and brands are the property of their respective owners.

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