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<SEC-DOCUMENT>0001157523-09-007494.txt : 20091030
<SEC-HEADER>0001157523-09-007494.hdr.sgml : 20091030
<ACCEPTANCE-DATETIME>20091030155313
ACCESSION NUMBER:		0001157523-09-007494
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20091026
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Completion of Acquisition or Disposition of Assets
ITEM INFORMATION:		Material Modifications to Rights of Security Holders
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20091030
DATE AS OF CHANGE:		20091030

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SYPRIS SOLUTIONS INC
		CENTRAL INDEX KEY:			0000864240
		STANDARD INDUSTRIAL CLASSIFICATION:	INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823]
		IRS NUMBER:				611321992
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24020
		FILM NUMBER:		091148154

	BUSINESS ADDRESS:	
		STREET 1:		101 BULLITT LN
		STREET 2:		STE 450
		CITY:			LOUISVILLE
		STATE:			KY
		ZIP:			40222
		BUSINESS PHONE:		5023292000

	MAIL ADDRESS:	
		STREET 1:		101 BULLITT LN
		STREET 2:		STE 450
		CITY:			LOUISVILLE
		STATE:			KY
		ZIP:			40222

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GROUP TECHNOLOGIES CORP
		DATE OF NAME CHANGE:	19940314
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a6088052.htm
<DESCRIPTION>SYPRIS SOLUTIONS, INC. 8-K
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2009 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-size: 10pt; font-family: Times New Roman">
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>UNITED
      STATES</b></font><b><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt">SECURITIES
      AND EXCHANGE COMMISSION</font></b><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-family: Times New Roman; font-size: 10pt"><b>Washington,
      D.C. 20549</b></font><br><font style="font-family: Times New Roman"><b>______________</b></font><br>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 16pt"><b>FORM 8-K</b></font><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>CURRENT
      REPORT</b></font><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>Pursuant
      to Section 13 or 15(d) of the Securities Exchange Act of 1934</b></font><br><br><font style="font-family: Times New Roman; font-size: 10pt"><b>Date
      of Report (Date of earliest event reported): &#160;&#160;October 26, 2009</b></font><br><font style="font-family: Times New Roman"><b>______________</b></font><br>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 18pt"><b>Sypris
      Solutions, Inc.</b></font><br><font style="font-family: Times New Roman; font-size: 10pt"><b>(Exact
      name of registrant as specified in its charter)</b></font><br><br>
    </p>
    <div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="bottom" style="width: 33%; padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Delaware</b>
          </p>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 34%; white-space: nowrap; padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>0-24020</b>
          </p>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 33%; white-space: nowrap; padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>61-1321992</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="width: 33%; padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(State or Other Jurisdiction</b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>of Incorporation)</b>
          </p>
        </td>
        <td valign="bottom" style="width: 34%; padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(Commission</b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>File Number)</b>
          </p>
        </td>
        <td valign="bottom" style="width: 33%; padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(I.R.S. Employer</b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Identification No.)</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="bottom" style="width: 33%; padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>101 Bullitt Lane, Suite 450</b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Louisville, Kentucky</b>
          </p>
        </td>
        <td style="width: 34%">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 33%; white-space: nowrap; padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>40222</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="width: 33%; padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(Address of Principal </b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Executive Offices)</b>
          </p>
        </td>
        <td style="width: 34%">

        </td>
        <td valign="top" style="width: 33%; padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(Zip Code)</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="white-space: nowrap; text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>Registrant&#8217;s
      telephone number, including area code: (502) 329-2000</b></font><b> </b>
    </p>
    <hr style="width: 100%; height: 2.0 pt; color: #000000; text-align: center">
    <hr style="width: 100%; height: 2.0 pt; color: #D3D3D3; text-align: center">


    <p style="text-align: center">
      <br>
      <br>
      <br>
      <br>
      <br>
      <br>
      <br>
      <font style="font-family: Times New Roman; font-size: 10pt"><b>Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the</b></font><br><font style="font-family: Times New Roman; font-size: 10pt"><b>filing
      obligation of the registrant under any of the following provisions:</b></font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt"><b>&#8414;</b></font><b>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font></b>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt"><b>&#8414;</b></font><b>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font></b>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt"><b>&#8414;</b></font><b>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font></b>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt"><b>&#8414;</b></font><b>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font></b>
    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="white-space: nowrap">
      <b>Item 1.01.&#160;&#160;Entry into a Material Definitive Agreement.</b>
    </p>
    <p>

    </p>
    <p style="text-align: justify">
      Effective as of October 26, 2009, Sypris Solutions, Inc. (the &#8220;Company&#8221;)
      amended its revolving credit facility (the &#8220;Loan Agreement&#8221;) and
      outstanding senior notes (the &#8220;Note Agreements&#8221;) (together, the &#8220;Credit
      Agreements&#8221;).&#160;&#160;The Company, together with its domestic subsidiaries
      (Sypris Technologies, Inc., Sypris Technologies Kenton, Inc., Sypris
      Technologies Marion, LLC, Sypris Technologies Mexican Holdings, LLC,
      Sypris Data Systems, Inc. and Sypris Electronics, LLC) (the &#8220;Subsidiary
      Guarantors&#8221;) and its current bank group (JPMorgan Chase Bank, N.A., Bank
      of America, N.A. and National City Bank (collectively, the &#8220;Banks&#8221;))
      signed the 2009B Amendment to Loan Agreement (the &#8220;Loan Amendment&#8221;) on
      October 26, 2009. In addition, the Company, each of the Subsidiary
      Guarantors and its current noteholders (The Guardian Life Insurance
      Company of America, Connecticut General Life Insurance Company, Life
      Insurance Company of North America, The Lincoln National Life Insurance
      Company and Lincoln Life &amp; Annuity Company of New York (collectively,
      the &#8220;Noteholders&#8221;)) signed the Fifth Amendment to Note Purchase
      Agreement (the &#8220;Note Amendments&#8221;) on October 26, 2009 (the Loan
      Amendment and the Note Amendments, collectively, the &#8220;Amendments&#8221;).
    </p>
    <p>

    </p>
    <p style="text-align: justify">
      The Loan Amendment extends the maturity date of the Loan Agreement from
      January 15, 2010 through January 15, 2012, while the Note Amendments
      implement the same maturity date for the Note Agreements. The Company
      used certain net proceeds from the sale of Sypris Test &amp; Measurement,
      Inc. (&#8220;STM&#8221;) and of the Company&#8217;s holdings of Dana Holding Corporation
      common stock to permanently reduce the lending commitments under the
      Loan Agreement from $50.0&#160;million to approximately $21.0&#160;million and
      under the Note Agreements from $30.0&#160;million to approximately
      $13.3&#160;million.&#160;&#160;The Amendments waive certain violations or potential
      violations of the Company&#8217;s covenants as of October 26, 2009, and
      substituted new financial covenants regarding: quarterly minimum net
      worth and liquidity levels, cumulative quarterly &#8220;EBITDAR&#8221; levels,
      cumulative quarterly fixed charge ratios and cumulative quarterly debt
      to EBITDAR ratios, among others.&#160;&#160;The Amendments also commit the Company
      to obtain the consent of the Banks and the Noteholders before making any
      dividend payments and impose certain fees and interest rates increases.
      To the extent that marketable securities or other collateral is sold
      outside of the ordinary course of business, the Amendments also provide
      for certain prepayments to the Banks and the Noteholders.&#160;&#160;The Company
      expects to be able to comply with the amended covenants. However, no
      assurances can be given that changing business, regulatory or economic
      conditions might not cause the Company to violate one or more covenants
      which could result in default or acceleration of any debt under the
      Agreements.
    </p>
    <p style="margin-left: 90.0px; white-space: nowrap">

    </p>
    <p style="white-space: nowrap">
      <b>Item 2.01 Completion of Acquisition or Disposition of Assets</b>
    </p>
    <p>

    </p>
    <p style="text-align: justify">
      On October 26, 2009 the Company completed the sale of its wholly owned
      subsidiary, STM, pursuant to a stock purchase agreement (the
      &#8220;Agreement&#8221;) with Textronix Inc. (the &#8220;Buyer&#8221;). The Company sold all of
      the outstanding shares of STM stock to the Buyer for $39.0&#160;million of
      cash consideration ($3.0&#160;million of which was to be held in escrow for
      up to 18 months in connection with certain customary representations,
      warranties, covenants and indemnifications of the Company). The
      Agreement contains customary representations, warranties and covenants
      of the Seller and the Buyer as further set forth in the Agreement. The
      Agreement also includes provisions governing the retention by the Seller
      of certain responsibilities with regard to environmental, tax,
      intellectual property and other liabilities; transition of employees and
      responsibility for employee compensation and benefits; information
      technology, use of trademarks and logos; and post-closing indemnities
      between the Seller and the Buyer for losses arising from specified
      events.
    </p>
    <p>

    </p>
    <p style="white-space: nowrap">
      <b>Item 3.03.&#160;&#160;Material Modification to Rights of Security Holders.</b>
    </p>
    <p>

    </p>
    <p style="text-align: justify">
      The Company executed the Amendments on October 26, 2009, effective in
      each case as of execution.&#160;&#160;Among other things, the Amendments require
      the Company to obtain the consent of the Banks and the Noteholders
      before making any dividend payments to holders of the Company&#8217;s
      outstanding common stock par value $.01.&#160;&#160;
    </p>
    <p>

    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="white-space: nowrap">
      <b>Item 7.01&#160;Regulation FD Disclosure.</b>
    </p>
    <p>

    </p>
    <p style="text-align: justify">
      Effective as of October 26, 2009, Computershare Trust Company, N.A.
      (&#8220;Computershare&#8221;) was appointed to be the successor rights agent for the
      Company pursuant to a Letter Amendment to the Rights Agreement. In
      addition to the appointment as successor rights agent, the Company
      appointed Computershare as transfer agent, registrar, and dividend
      disbursing agent effective as of October 26, 2009.&#160;&#160;The addresses and
      phone numbers to contact Computershare regarding the Company&#8217;s
      shareholder accounts are provided below.
    </p>
    <p style="white-space: nowrap">

    </p>
    <div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="width: 50%; padding-left: 0.0px; text-align: center">
          <b>Shareholder Inquiries:</b>
        </td>
        <td style="width: 10%">
          &#160;
        </td>
        <td valign="top" style="width: 40%; padding-left: 0.0px; text-align: center">
          <b>Street Address</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 50%; padding-left: 0.0px; text-align: center">
          Computershare
        </td>
        <td style="width: 10%">

        </td>
        <td valign="top" style="width: 40%; padding-left: 0.0px; text-align: center">
          Computershare
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 50%; padding-left: 0.0px; text-align: center">
          P.O. Box 43078
        </td>
        <td style="width: 10%">

        </td>
        <td valign="top" style="width: 40%; padding-left: 0.0px; text-align: center">
          250 Royall Street
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 50%; padding-left: 0.0px; text-align: center">
          Providence, RI 02940
        </td>
        <td style="width: 10%">

        </td>
        <td valign="top" style="width: 40%; padding-left: 0.0px; text-align: center">
          Canton, MA 02021
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 50%; padding-left: 0.0px; text-align: center">
          Telephone: 800-622-6757
        </td>
        <td style="width: 10%">

        </td>
        <td style="width: 40%">

        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      <b>Item 9.01 Financial Statements and Exhibits.</b>
    </p>
    <p>

    </p>
    <p>
      (b) Pro Forma Information
    </p>
    <p>

    </p>
    <p style="text-align: justify">
      The following pro forma condensed consolidated financial statements of
      Sypris Solutions, Inc. are included in this Form 8-K:
    </p>
    <p style="margin-left: 30.0px; white-space: nowrap; text-align: justify">
      (i)&#160;&#160;&#160;&#160;&#160;&#160;Unaudited Pro Forma Condensed Consolidated Statement of
      Operations for the six months ended July&#160;5,&#160;2009;
    </p>
    <p style="margin-left: 30.0px; white-space: nowrap; text-align: justify">
      (ii)&#160;&#160;&#160;&#160;&#160;Unaudited Pro Forma Condensed Consolidated Statement of
      Operations for the six months ended June&#160;29,&#160;2008;
    </p>
    <p style="margin-left: 30.0px; white-space: nowrap; text-align: justify">
      (iii)&#160;&#160;&#160;&#160;Unaudited Pro Forma Condensed Consolidated Statement of
      Operations for the year ended December&#160;31,&#160;2008; and
    </p>
    <p style="margin-left: 30.0px; white-space: nowrap; text-align: justify">
      (iv)&#160;&#160;&#160;&#160;Unaudited Pro Forma Condensed Consolidated Balance Sheet as of
      July&#160;5,&#160;2009.
    </p>
    <p>

    </p>
    <p style="text-align: justify">
      The accompanying unaudited pro forma condensed consolidated financial
      statements have been prepared to illustrate the effect of the sale of
      the STM segment on Sypris Solutions, Inc.&#8217;s historical consolidated
      results of operations and financial position.&#160;&#160;The accompanying
      unaudited condensed consolidated statements of operations give effect to
      the disposition of STM as if it occurred at the beginning of the fiscal
      period presented.&#160;&#160;The unaudited pro forma condensed consolidated
      balance sheet assumes the sale occurred on July 5, 2009.&#160;&#160;The actual
      effect of the sale could differ from the pro forma adjustments
      presented.&#160;&#160;However, management believes that the assumptions used and
      the adjustments made are reasonable under the circumstances and given
      the information available.&#160;&#160;
    </p>
    <p>

    </p>
    <p style="text-align: justify">
      The pro forma information is based on the historical financial
      statements of STM and Sypris Solutions, Inc. and its subsidiaries after
      giving effect to the proposed transaction and the assumptions and
      adjustment in the accompanying notes to the pro forma condensed
      consolidated financial statements and are not necessarily indicative of
      the consolidated financial position or results of operations of Sypris
      Solutions, Inc. that would have actually occurred had the transaction
      been in effect as of the date or for the periods presented.&#160;&#160;The
      unaudited pro forma financial information should be read in conjunction
      with Sypris Solutions, Inc.&#8217;s historical consolidated financial
      statements, including notes thereto.
    </p>
    <p>

    </p>
    <p style="white-space: nowrap">
      (d)&#160;&#160;Exhibits.
    </p>
    <p>

    </p>
    <div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="width: 15%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Exhibit Number</u>
          </p>
        </td>
        <td style="width: 5%">
          &#160;
        </td>
        <td valign="top" style="width: 80%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Description of Exhibit</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 15%">

        </td>
        <td style="width: 5%">

        </td>
        <td style="width: 80%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-right: 0.0px; width: 15%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;99
          </p>
        </td>
        <td style="width: 5%">

        </td>
        <td valign="top" style="width: 80%; padding-left: 0.0px; text-align: left">
          Press Release issued October 29, 2009.
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>SIGNATURES</b></font>
    </p>
    <p style="text-align: left">
      <font style="font-family: Times New Roman; font-size: 10pt">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized. </font>
    </p>
    <p style="text-indent: 30.0px">
      <br>

    </p>
    <div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="width: 6%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Dated:
          </p>
        </td>
        <td valign="top" style="width: 44%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            October 30, 2009
          </p>
        </td>
        <td colspan="2" valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Sypris Solutions, Inc.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">

        </td>
        <td colspan="2" valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 6%; padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="width: 44%; padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="width: 5%; padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            By:
          </p>
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; width: 45%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            /s/ John R. McGeeney
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">

        </td>
        <td style="width: 5%">

        </td>
        <td valign="top" style="width: 45%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            John R. McGeeney
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">

        </td>
        <td style="width: 5%">

        </td>
        <td valign="top" style="width: 45%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            General Counsel and Secretary
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <b>INDEX TO EXHIBITS</b>
    </p>
    <p>

    </p>
    <div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="width: 50%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Exhibit</b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Number</b></u>
          </p>
        </td>
        <td valign="bottom" style="width: 50%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Description</b></u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td valign="top" style="width: 50%; padding-left: 0.0px; text-align: left">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-right: 0.0px; width: 50%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          99
        </td>
        <td valign="top" style="width: 50%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Press Release issued October 29, 2009.
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: right">

    </p>
    <p style="text-align: right">
      <b>Item 9.01 (b) (i)</b><br><br>
    </p>
    <hr style="width: 100%; height: 1.0 pt; color: #000000; text-align: center">


    <p>

    </p>
    <div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="14" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>Sypris Solutions, Inc.</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="14" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>Unaudited Pro Forma Condensed Consolidated Statements of
          Operations</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="14" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>For the Six Months Ended July 5, 2009</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="14" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>(in thousands, except for per share data)</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td style="width: 7%">
          &#160;
        </td>
        <td style="width: 41%">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 7%">

        </td>
        <td style="width: 41%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>As Reported</b>
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>Disposition of</b>
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>Pro Forma</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 7%">

        </td>
        <td style="width: 41%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3" valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: center">
          <b>(a)</b>
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2" valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: center">
          <b>STM</b>
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3" valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: center">
          <b>(b)</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 7%">

        </td>
        <td style="width: 41%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Net revenue:
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 10.0px; text-align: left">
          Outsourced services
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          127,871
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          22,622
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          105,249
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Products
          </p>
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          35,916
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          4,078
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          31,838
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 25.0px; text-align: left">
          Total net revenue
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          163,787
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          26,700
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          137,087
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Cost of sales:
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 10.0px; text-align: left">
          Outsourced services
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          126,171
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          17,500
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          108,671
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left">
          Products
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          25,646
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          2,227
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          23,419
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 2.0px; padding-left: 25.0px; text-align: left">
          Total cost of sales
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          151,817
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          19,727
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          132,090
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 25.0px; text-align: left">
          Gross profit
        </td>
        <td valign="top" style="width: 1%; padding-left: 0.0px; text-align: right">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          11,970
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          6,973
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          4,997
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Selling, general and administrative
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          19,834
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          5,094
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          14,740
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Research and development
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          2,200
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          397
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,803
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Amortization of intangible assets
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          56
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          &#8212;
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          56
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Nonrecurring expense, net
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          3,713
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          &#8212;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          3,713
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 7%">

        </td>
        <td style="width: 41%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="width: 12%; padding-left: 0.0px; text-align: right">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="width: 12%; padding-left: 0.0px; text-align: right">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="width: 12%; padding-left: 0.0px; text-align: right">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 25.0px; text-align: left">
          Operating (loss) income
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (13,833
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,482
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (15,315
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Interest expense, net
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          3,572
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,154
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          2,418
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Other income, net
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (77
        </td>
        <td valign="bottom" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          &#8212;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (77
        </td>
        <td valign="bottom" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 25.0px; text-align: left">
          (Loss) income before income taxes
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (17,328
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          328
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (17,656
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Income tax expense
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          795
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          128
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          667
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 4.0px; padding-left: 10.0px; text-align: left">
          Net (loss) income
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (18,123
        </td>
        <td valign="bottom" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          200
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (18,323
        </td>
        <td valign="bottom" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Loss per common share:
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 10.0px; text-align: left">
          Basic
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.98
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.99
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 10.0px; text-align: left">
          Diluted
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.98
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.99
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 7%">

        </td>
        <td style="width: 41%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Weighted average shares outstanding:
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 10.0px; text-align: left">
          Basic
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          18,456
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          18,456
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 10.0px; text-align: left">
          Diluted
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          18,456
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          18,456
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 7%">

        </td>
        <td style="width: 41%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 7%">

        </td>
        <td style="width: 41%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 4%; padding-left: 0.0px; text-align: left">
          (a)
        </td>
        <td colspan="10" valign="top" style="padding-left: 0.0px; text-align: left">
          Represents historical condensed consolidated statement of operations
          as reported by Sypris Solutions, Inc. for the six month period ended
          July 5, 2009 in its Quarterly Report on Form 10-Q filed with the SEC
          on August 18, 2009.
        </td>
        <td colspan="4">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 7%">

        </td>
        <td style="width: 41%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 4%; padding-left: 0.0px; text-align: left">
          (b)
        </td>
        <td colspan="10" valign="top" style="padding-left: 0.0px; text-align: left">
          Reflects the elimination of the revenues and expenses of the
          company&#8217;s Test &amp; Measurement segment (STM) from the continuing
          operations of the company and the elimination of interest expense
          allocated to the debt required to be paid down as a result of the
          disposition for the six month period ended July 5, 2009.
        </td>
        <td colspan="4">

        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: right">
      <b>Item 9.01 (b) (ii)</b><br><br>
    </p>
    <hr style="width: 100%; height: 1.0 pt; color: #000000; text-align: center">


    <p style="text-align: right">

    </p>
    <div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td colspan="15" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>Sypris Solutions, Inc.</b>
        </td>
      </tr>
      <tr>
        <td colspan="15" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>Unaudited Pro Forma Condensed Consolidated Statements of
          Operations</b>
        </td>
      </tr>
      <tr>
        <td colspan="15" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>For the Six Months Ended June 29, 2008</b>
        </td>
      </tr>
      <tr>
        <td colspan="15" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>(in thousands, except for per share data)</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td style="width: 46%">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 46%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>As Reported</b>
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>Disposition of</b>
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>Pro Forma</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 46%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3" valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: center">
          <b>(a)</b>
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2" valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: center">
          <b>STM</b>
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3" valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: center">
          <b>(b)</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 46%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Net revenue:
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 10.0px; text-align: left">
          Outsourced services
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          178,236
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 3%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          23,864
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          154,372
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left">
          Products
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          38,376
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 3%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          3,398
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          34,978
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 25.0px; text-align: left">
          Total net revenue
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          216,612
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          27,262
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          189,350
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Cost of sales:
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 10.0px; text-align: left">
          Outsourced services
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          160,431
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          18,303
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          142,128
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left">
          Products
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          31,661
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 3%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,854
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          29,807
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 2.0px; padding-left: 25.0px; text-align: left">
          Total cost of sales
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          192,092
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 3%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          20,157
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          171,935
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 25.0px; text-align: left">
          Gross profit
        </td>
        <td valign="top" style="width: 1%; padding-left: 0.0px; text-align: right">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          24,520
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          7,105
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          17,415
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Selling, general and administrative
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          21,771
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          5,357
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          16,414
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Research and development
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          2,084
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          354
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,730
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Amortization of intangible assets
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          129
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          46
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          83
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Nonrecurring expense, net
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#8212;
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 3%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          &#8212;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          &#8212;
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 25.0px; text-align: left">
          Operating income
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          536
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,348
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (812
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Interest expense, net
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,975
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,010
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          965
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Other (income) expense, net
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (916
        </td>
        <td valign="bottom" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 3%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          6
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (922
        </td>
        <td valign="bottom" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 25.0px; text-align: left">
          (Loss) income before income taxes
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (523
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          332
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (855
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Income tax expense
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          27
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 3%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          129
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (102
        </td>
        <td valign="bottom" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 4.0px; padding-left: 10.0px; text-align: left">
          Net (loss) income
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (550
        </td>
        <td valign="bottom" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 3%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          203
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (753
        </td>
        <td valign="bottom" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Loss per common share:
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 10.0px; text-align: left">
          Basic
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.03
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.04
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 10.0px; text-align: left">
          Diluted
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.03
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.04
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 46%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Weighted average shares outstanding:
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 10.0px; text-align: left">
          Basic
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          18,347
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          18,347
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 10.0px; text-align: left">
          Diluted
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          18,347
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          18,347
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 46%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 46%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 4%; padding-left: 0.0px; text-align: left">
          (a)
        </td>
        <td colspan="10" valign="top" style="padding-left: 0.0px; text-align: left">
          Represents historical condensed consolidated statement of operations
          as reported by Sypris Solutions, Inc. for the six month period ended
          June 29, 2008 in its Quarterly Report on Form 10-Q filed with the
          SEC on August 7, 2008.
        </td>
        <td colspan="4">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 46%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 4%; padding-left: 0.0px; text-align: left">
          (b)
        </td>
        <td colspan="10" valign="top" style="padding-left: 0.0px; text-align: left">
          Reflects the elimination of the revenues and expenses of the
          company&#8217;s Test &amp; Measurement segment (STM) from the continuing
          operations of the company and the elimination of interest expense
          allocated to the debt required to be paid down as a result of the
          disposition for the six month period ended June 29, 2008.
        </td>
        <td colspan="4">

        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: right">
      <b>Item 9.01 (b) (iii)</b><br><br>
    </p>
    <hr style="width: 100%; height: 1.0 pt; color: #000000; text-align: center">


    <p style="text-align: right">

    </p>
    <div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="15" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>Sypris Solutions, Inc.</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="15" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>Unaudited Pro Forma Condensed Consolidated Statements of
          Operations</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="15" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>For the Year Ended December 31, 2008</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="15" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>(in thousands, except for per share data)</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td style="width: 46%">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 46%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>As Reported</b>
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>Disposition of</b>
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>Pro Forma</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 46%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3" valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: center">
          <b>(a)</b>
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3" valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: center">
          <b>STM</b>
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3" valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: center">
          <b>(b)</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 46%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Net revenue:
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 10.0px; text-align: left">
          Outsourced services
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          330,433
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          47,335
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          283,098
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left">
          Products
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          80,885
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          7,878
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          73,007
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 25.0px; text-align: left">
          Total net revenue
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          411,318
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          55,213
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          356,105
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Cost of sales:
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 10.0px; text-align: left">
          Outsourced services
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          312,820
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          37,061
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          275,759
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left">
          Products
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          64,868
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          4,157
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          60,711
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 2.0px; padding-left: 25.0px; text-align: left">
          Total cost of sales
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          377,688
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          41,218
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          336,470
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 25.0px; text-align: left">
          Gross profit
        </td>
        <td valign="top" style="width: 1%; padding-left: 0.0px; text-align: right">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          33,630
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          13,995
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          19,635
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Selling, general and administrative
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          42,911
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          10,970
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          31,941
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Research and development
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          4,197
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          797
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          3,400
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Amortization of intangible assets
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          213
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          46
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          167
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Impairment of goodwill
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          440
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          &#8212;
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          440
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Nonrecurring expense, net
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          45,086
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#8212;
          </p>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          45,086
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 25.0px; text-align: left">
          Operating (loss) income
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (59,217
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          2,182
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (61,399
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Interest expense, net
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          4,235
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          2,038
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          2,197
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Impairment of marketable securities
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          66,758
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          &#8212;
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          66,758
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Other expense, net
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,832
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          234
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,598
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 25.0px; text-align: left">
          Loss before income taxes
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (132,042
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (90
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (131,952
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Income tax benefit
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (1,486
        </td>
        <td valign="bottom" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (35
        </td>
        <td valign="bottom" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 2%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (1,451
        </td>
        <td valign="bottom" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-bottom: 4.0px; padding-left: 10.0px; text-align: left">
          Net loss
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (130,556
        </td>
        <td valign="bottom" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (55
        </td>
        <td valign="bottom" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (130,501
        </td>
        <td valign="bottom" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Loss per common share:
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 10.0px; text-align: left">
          Basic
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (7.11
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (7.11
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 10.0px; text-align: left">
          Diluted
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (7.11
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 2%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (7.11
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 46%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: left">
          Weighted average shares outstanding:
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 10.0px; text-align: left">
          Basic
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          18,365
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          18,365
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 10.0px; text-align: left">
          Diluted
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          18,365
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 12%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          18,365
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 46%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 46%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 4%; padding-left: 0.0px; text-align: left">
          (a)
        </td>
        <td colspan="11" valign="top" style="padding-left: 0.0px; text-align: left">
          Represents historical condensed consolidated statement of operations
          as reported by Sypris Solutions, Inc. for the year ended December
          31, 2008 in its Annual Report on Form 10-K filed with the SEC on
          March 31, 2009.
        </td>
        <td colspan="4">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 46%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 4%; padding-left: 0.0px; text-align: left">
          (b)
        </td>
        <td colspan="11" valign="top" style="padding-left: 0.0px; text-align: left">
          Reflects the elimination of the revenues and expenses of the
          company&#8217;s Test &amp; Measurement segment (STM) from the continuing
          operations of the company and the elimination of interest expense
          allocated to the debt required to be paid down as a result of the
          disposition for the year ended December 31, 2008.
        </td>
        <td colspan="4">

        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: right">
      <b>Item 9.01 (b) (iv)</b><br><br>
    </p>
    <hr style="width: 100%; height: 1.0 pt; color: #000000; text-align: center">


    <p style="text-align: left">

    </p>
    <div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="17" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>Sypris Solutions, Inc.</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="17" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>Unaudited Pro Forma Condensed Consolidated Balance Sheets</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="17" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>As of July 5, 2009</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="17" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>(in thousands)</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td style="width: 39%">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td colspan="2" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>Disposition of</b>
        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td style="width: 2%">

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>As Reported</b>
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>STM</b>
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>Pro Forma</b>
        </td>
        <td style="width: 2%">

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2" valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: center">
          <b>(a)</b>
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2" valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: center">
          <b>(b)</b>
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3" valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: center">
          <b>Adjustments</b>
        </td>
        <td style="width: 2%">

        </td>
        <td colspan="2" valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: center">
          <b>Pro Forma</b>
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="7" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>ASSETS</b>
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 2%">

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-left: 0.0px; text-align: left">
          Current assets:
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 2%">

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-left: 10.0px; text-align: left">
          Cash and cash equivalents
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          10,125
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          10,125
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-left: 10.0px; text-align: left">
          Restricted cash
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          263
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          3,000
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="width: 2%; padding-left: 0.0px; text-align: left">
          (c)
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          3,263
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-left: 10.0px; text-align: left">
          Accounts receivable, net
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          45,394
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          6,221
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          39,173
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-left: 10.0px; text-align: left">
          Inventory, net
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          35,838
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,319
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          34,519
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left">
          Other current assets
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          10,151
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          481
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 2%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          9,670
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-left: 25.0px; text-align: left">
          Total current assets
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          101,771
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          8,021
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          3,000
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          96,750
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-left: 0.0px; text-align: left">
          Investment in marketable securities
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          5,239
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          5,239
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-left: 0.0px; text-align: left">
          Property, plant and equipment, net
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          98,051
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          12,913
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          85,138
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-left: 0.0px; text-align: left">
          Goodwill
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          13,837
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          6,937
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          6,900
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Other assets
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          11,312
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 2%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          11,312
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-bottom: 4.0px; padding-left: 25.0px; text-align: left">
          Total assets
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          230,210
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          27,871
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          3,000
        </td>
        <td style="border-bottom: double black 2.25pt; width: 1%">
          &#160;
        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          205,339
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="7" valign="top" style="padding-left: 0.0px; text-align: center">
          <b>LIABILITIES AND STOCKHOLDERS' EQUITY</b>
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 2%">

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-left: 0.0px; text-align: left">
          Current liabilities:
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 2%">

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-left: 10.0px; text-align: left">
          Accounts payable
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: center">
          39,955
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: center">
          2,069
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          37,886
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-left: 10.0px; text-align: left">
          Accrued liabilities
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          24,169
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          996
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          23,173
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left">
          Notes payable
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          75,500
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (34,000
        </td>
        <td valign="bottom" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td valign="top" style="width: 2%; padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          (d)
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          41,500
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-left: 25.0px; text-align: left">
          Total current liabilities
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          139,624
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          3,065
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (34,000
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 2%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          102,559
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-left: 0.0px; text-align: left">
          Long-term debt
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 2%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Other liabilities
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          45,110
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          199
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 2%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          44,911
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-left: 25.0px; text-align: left">
          Total liabilities
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          184,734
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          3,264
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (34,000
        </td>
        <td valign="bottom" style="padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 2%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          147,470
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-bottom: 2.0px; padding-left: 25.0px; text-align: left">
          Total stockholders&#8217; equity
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          45,476
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          12,393
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="width: 2%; padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          (e)
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          57,869
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td colspan="4" valign="top" style="padding-bottom: 4.0px; padding-left: 25.0px; text-align: left">
          Total liabilities and stockholders&#8217; equity
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          230,210
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          3,264
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (21,607
        </td>
        <td valign="bottom" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 1%; white-space: nowrap; padding-left: 0.0px; text-align: left">
          $
        </td>
        <td valign="top" style="border-bottom: double black 2.25pt; padding-right: 0.0px; width: 11%; white-space: nowrap; padding-left: 0.0px; text-align: right">
          205,339
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 2%">

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 2%">

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 4%; padding-left: 0.0px; text-align: left">
          (a)
        </td>
        <td colspan="17" valign="top" style="padding-left: 0.0px; text-align: left">
          Represents historical condensed consolidated balance sheet as
          reported by Sypris Solutions, Inc. as of July 5, 2009 in its
          Quarterly Report on Form 10-Q filed with the SEC on August 18, 2009.
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 2%">

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 4%; padding-left: 0.0px; text-align: left">
          (b)
        </td>
        <td colspan="17" valign="top" style="padding-left: 0.0px; text-align: left">
          Reflects the elimination of assets and liabilities of the company's
          Test &amp; Measurement segment (STM) from the balance sheet pursuant to
          the sale of the business.
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 2%">

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 4%; padding-left: 0.0px; text-align: left">
          (c)
        </td>
        <td colspan="17" valign="top" style="padding-left: 0.0px; text-align: left">
          Represents proceeds reserved in escrow from the sale of STM.
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 2%">

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 4%; padding-left: 0.0px; text-align: left">
          (d)
        </td>
        <td colspan="17" valign="top" style="padding-left: 0.0px; text-align: left">
          Represents the net cash proceeds from the sale of STM to be used to
          reduce amounts outstanding under the company's Revolving Credit
          Agreement and Senior Notes.
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 2%">

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 4%; padding-left: 0.0px; text-align: left">
          (e)
        </td>
        <td colspan="17" valign="top" style="padding-left: 0.0px; text-align: left">
          Represents the estimated gain on the sale of STM.
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p style="text-align: left">

    </p>
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<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>a6088052ex99.htm
<DESCRIPTION>EXHIBIT 99
<TEXT>
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    <title></title>
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  <body style="font-size: 8pt; font-family: Times New Roman">
    <p style="text-align: right">
      <b>Exhibit 99</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Sypris
      Retires Debt and Extends Credit Facilities</b></font>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Actions
      Strengthen Balance Sheet to Support Growth</b></font>
    </p>
    <p>
      LOUISVILLE, Ky.--(BUSINESS WIRE)--October 29, 2009--Sypris Solutions,
      Inc. (Nasdaq/NM: SYPR) today announced that it has completed the
      retirement of certain debt obligations and extended the maturity dates
      of its credit facilities.
    </p>
    <p style="text-align: center">
      <b>HIGHLIGHTS</b>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Sale of Sypris Test &amp; Measurement, Inc. on October<b>&#160;</b>26,<b>&#160;</b>2009,
        and the recent liquidation of marketable securities, raised $60
        million before expenses and escrow.
      </li>
      <li style="margin-bottom: 10.0px">
        Sypris to report an estimated pre-tax gain of $30&#160;million on the
        combined transactions in the fourth quarter of 2009.
      </li>
      <li style="margin-bottom: 10.0px">
        Proceeds to be used by Sypris to repay outstanding indebtedness,
        reducing net debt to an estimated $9&#160;million.
      </li>
      <li style="margin-bottom: 10.0px">
        Maturities extended to January&#160;15,&#160;2012 from January&#160;15,&#160;2010.
      </li>
      <li style="margin-bottom: 10.0px">
        Increased liquidity and reduced interest expense expected to have a
        material impact on the Company&#8217;s ability to support future growth.
      </li>
    </ul>
    <p>
      Commenting on the announcement, Jeffrey T. Gill, president and chief
      executive officer of Sypris Solutions, said, &#8220;The completion of these
      transactions mark another important milestone for Sypris. The proceeds
      will enable us to support the many growth opportunities in our Aerospace
      and Defense segment, including those related to global key management,
      secure communications, identity authentication and cyber warfare. These
      transactions will strengthen our balance sheet and focus our future
      investments in two highly scalable platforms represented by our
      Industrial and Aerospace and Defense segments.&#8221;
    </p>
    <p>
      Under the terms of the amendment, $16.7&#160;million of debt will be retired
      under the notes, reducing the outstanding balance to $13.3&#160;million from
      $30&#160;million, while the revolving credit facility will be reduced to
      $21&#160;million from $50&#160;million. Overall liquidity on a pro forma basis
      reflecting the completion of the recent transactions increases nearly
      100% to over $25&#160;million, while the maturity dates for all facilities
      were extended to January&#160;15,&#160;2012 from January&#160;15,&#160;2010. Interest
      expense is expected to be reduced by an estimated $4&#160;to $5&#160;million on an
      annual basis, thereby positively impacting future cash flow.
    </p>
    <p>
      Sypris Solutions is a diversified provider of technology-based
      outsourced services and specialty products. The Company performs a wide
      range of manufacturing and technical services, typically under
      multi-year, sole-source contracts with major corporations and government
      agencies in the markets for aerospace and defense electronics and truck
      components and assemblies. For more information about Sypris Solutions,
      visit its Web site at <u>www.sypris.com</u>.
    </p>
    <p>
      <i><b>Each &#8220;forward-looking statement&#8221; herein is subject to serious
      risks and should not be relied upon, as detailed in our most recent Form
      10-K and Form 10-Q and subsequent SEC filings. </b>Briefly, we currently
      believe that such risks also include: the effects of a continuing
      economic downturn which could reduce our revenues, negatively impact our
      customers or suppliers and materially, adversely affect our financial
      results; potential impairments, non-recoverability or write-offs of
      goodwill, assets or deferred costs, including deferred tax assets in the
      U.S. or Mexico;</i> <i>breakdowns, relocations or major repairs of
      machinery and equipment; our inability to successfully launch new or
      next generation programs; the cost, efficiency and yield of our
      operations and capital investments, including working capital,
      production schedules, cycle times, scrap rates, injuries, wages,
      overtime costs, freight or expediting costs; cost and availability of
      raw materials such as steel, component parts, natural gas or utilities;
      volatility of our customers&#8217; forecasts, financial conditions, market
      shares, product requirements or scheduling demands; adverse impacts of
      new technologies or other competitive pressures which increase our costs
      or erode our margins; failure to adequately insure or to identify
      environmental or other insurable risks; inventory valuation risks
      including obsolescence, shrinkage, theft, overstocking or underbilling;
      changes in government or other customer programs; reliance on major
      customers or suppliers, especially in the automotive or aerospace and
      defense electronics sectors; revised contract prices or estimates of
      major contract costs; dependence on, recruitment or retention of key
      employees; union negotiations; pension valuation, health care or other
      benefit costs; labor relations; strikes; risks of foreign operations;
      currency exchange rates; the costs and supply of debt, equity capital,
      or insurance</i> <i>; fees, costs or other dilutive effects of
      refinancing, compliance with covenants in, or acceleration of, our loan
      and other debt agreements; changes in licenses, security clearances, or
      other legal rights to operate, manage our work force or import and
      export as needed; weaknesses in internal controls; the costs of
      compliance with our auditing, regulatory or contractual obligations;
      regulatory actions or sanctions; disputes or litigation, involving
      customer, supplier, lessor, landlord, creditor, stockholder, product
      liability or environmental claims; war, terrorism or political
      uncertainty; unanticipated or uninsured disasters, losses or business
      risks; inaccurate data about markets, customers or business conditions;
      or unknown risks and uncertainties.</i>
    </p>
    <p>
      CONTACT:<br><b>Sypris Solutions, Inc.</b><br><b>Brian A. Lutes, Chief
      Financial Officer, 502-329-2000</b>
    </p>
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