BLOOMFIELD, Conn., Oct. 7 /PRNewswire-FirstCall/ -- Kaman Corp.
(Nasdaq: KAMN) today announced that its subsidiary, Kaman Industrial
Technologies Corporation (KIT) has acquired Industrial Rubber and
Mechanics, Incorporated (INRUMEC) of Puerto Rico. INRUMEC will become part
of KIT, Kaman's industrial distribution segment. The transaction was
completed on October 3, 2008 and terms were not disclosed.

    INRUMEC, founded in 1963, is a distributor of fluid power products;
industrial and hydraulic hoses; belting and conveyer systems; pipe, tube,
fittings and valves; and packaging machinery to such diverse markets as
food, beverage, pharmaceutical, cement and aggregate. The company is also a
manufacturer of hydraulic hose assemblies for the same end markets. INRUMEC
has a branch and regional distribution facility in Gurabo as well as
branches located in Bayamon, Ponce and Mayaguez. The company has annual
sales of approximately $13 million.

    Neal J. Keating, chairman, president and chief executive officer of
Kaman Corp., said, "INRUMEC is a great addition to Kaman and provides
further evidence of our ability to execute our corporate strategy of
accelerating the growth of KIT by expanding our geographic footprint to
service our customers wherever they operate in North America. It also adds
to our existing fluid power capabilities. In addition, this acquisition
also enables us to serve both new and existing national account customers
without the need for significant investment in greenfield branch openings.
As importantly, INRUMEC has great people and we are pleased that Thomas and
his team have agreed to stay with us as part of the Kaman family."

    INRUMEC President Thomas von Hillebrandt said, "Joining Kaman will
ensure continued profitable and value added growth for INRUMEC. The
addition of Kaman's power transmission lines to our current offerings will
be well received in the marketplace. Becoming part of a larger organization
will benefit our customers and employees and position us for growth in the
Caribbean basin."

    Keating added, "This transaction demonstrates our commitment to
continue to make strategic acquisitions when and where they make sense.
Despite the current difficult economic environment and turmoil in the
capital markets Kaman is well capitalized and positioned to invest in our
businesses for the long-term."

    Kaman is the third largest distributor of power transmission and motion
control products in North America. The company operates nearly 200
branches, distribution centers and customer service centers across the
U.S., Canada and Mexico. It offers approximately three million items as
well as value-added services to a base of about 50,000 customers
representing a highly diversified cross section of North American industry.

    Kaman Corp., headquartered in Bloomfield, Connecticut, conducts
business in the aerospace and industrial distribution markets.

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