American Tool and Mold Responds to the Plastic News Article Entitled "Flextronics Making Injection Tooling Moves" Dated May 23, 2014.

Plastics News reported that Flextronics International Ltd. may be pursuing American Tool & Mold American, LLC. According to the President of American Tool & Mold, all comments made by Plastics News regarding Flextronics pursuing ATM are unfounded.

American Tool And Mold, LLC, is a family-owned and operated plastic injection mold making company located in Clearwater, Florida.

On May 23, 2014, in its article entitled "Flextronics making injection-tooling moves", Plastics News reported that Flextronics International Ltd. may be pursuing American Tool and Mold American, LLC.
According to Demetre Loulourgas, President of American Tool and Mold, "Any and all comments made by Plastics News regarding Flextronics pursuing American Tool and Mold are completely unfounded and go without merit."

Loulourgas went on to comment that "We are focusing all of our efforts on our customers' complex tooling needs, and remain focused on meeting their growth plans."

American Tool and Mold was founded in 1978 by Demetre Loulourgas, Emilia Loulourgas Giannakopoulos, daughter of Demetre, serves as the company CEO. American Tool and Mold offers a wide range of products and services in the design and construction of complex, high precision, multi-cavity molds for the plastic injection molding industry, with a particular focus on close tolerance and thin wall products. They are globally recognized for the plastic injection molds they design and manufacture for many industries, including caps and closures, health care, cosmetics, writing implements and automotive parts.

American Tool and Mold is a certified woman-owned business.

Singapore-based Flextronics International Ltd. has recently acquired Tech Mold Inc. of Tempe, AZ. Flextronics operates largely through a U.S. administrative headquarters in San Jose, CA.

For more information on American Tool and Mold visit the company website at www.a-t-m.com

For more information, press only:
Phil Gaitan 727-447-7377 x117 pgaitan@a-t-m.com