Cummings Properties Media Release - April 17, 2009

Agiltron rejoins Cummings Properties
Cummings Properties Media Release

Woburn, MA - Agiltron, Inc., a leading developer and manufacturer of innovative optical components and systems, recently signed a lease for more than 10,600 square feet at 12 Cabot Road. The new facility, directly across the street from Agiltron's existing building, is owned by Cummings Foundation, Inc. and managed by Cummings Properties, LLC.

According to company officials, Agiltron is a market leader in fiber optic switches, variable optical attenuators, high power optical components, optical polarization and time controls, and is developing advanced thermal imaging and sensing products. With a state-of-the-art photonic design and manufacturing facility, Agiltron is volume producing the industry's most price-competitive/highest performance photonic components for a wide range of industries that include data communications, telecommunications, aerospace, instrumentation, and research and development. The company is also commercializing technologies that combat pollution and enable green industry.

When asked about the decision to lease with Cummings Properties, Jack Salerno, Agiltron's president, explained, "Real estate firms are always touting the benefits of their location, but in this case, it really was the best solution for us. This space is extremely convenient for our expanding corporate headquarters. In addition, our familiarity with the leasing group as well as many years of quality customer service it provided us made this an easy decision."

Agiltron previously leased with the Woburn-based developer in different locations for a number of years before it purchased its own building at 15 Cabot Road. The newly leased space was needed to accommodate the company's growth and brings its total operations to more than 25,000 square feet.

Cummings Properties' Leasing Director Derek Cook commented, "We are pleased to welcome Agiltron back. It's rewarding to hear clients tell us what a great job we're doing, but when they have an opportunity to come back to us and they do, that's proof that our facilities, rates and customer service really do meet clients' needs."

Cook pointed out that 12 Cabot Road is strategically located minutes away from I-93, I-95/Route 128 and the Anderson MBTA station with Logan Express service. There are also dozens of retail services, restaurants and hotels within walking distance including Target, Sports Authority, Bertucci's, On the Border Mexican Grill, Panera Bread, Hampton Inn and Courtyard by Marriott.

Agiltron represented itself while Cook represented Cummings Properties in the lease negotiation.

Building owner Cummings Foundation is a private operating foundation established in 1986. The Foundation owns high profile properties in nine communities around Greater Boston and also operates two large independent and assisted living facilities, New Horizons at Choate and New Horizons at Marlborough, which collectively serve more than 500 senior residents.