Simclar, Inc. (NASDAQ:SIMC), a multi-plant electronics contract manufacturer reported its results for the three months and nine months ended September 30, 2006.

Revenue for the three and nine months ended September 30, 2006 were $30,653,658 and $82,875,846 respectively, up 85% from $16,591,601 and 93% from $42,939,611 respectively in the same periods in 2005. For the nine months ended September 30, 2006 approximately $31,600,000 of the growth was as a result of the acquisitions in May 2005 of Simclar (North America), Inc., and in February 2006 of Simclar Interconnect Technologies, Inc.; the balance was attributable to additional business from existing and new customers.

Pre-tax income for the three and nine months ended September 30, 2006 were $1,032,137 and $3,208,687 compared to $396,084 and $1,278,369 for the same periods in 2005. The major contributors were the increased sales volumes and improvements in gross margins.

Net income for the three and nine months ended September 30, 2006 were $617,868 or $0.10 per share and $1,913,953, or $0.30 per share, compared to $241,611 or $0.04 per share and $755,412, or $0.12 per share in the same periods in 2005.

Simclar Chairman, Sam Russell, commented: ?I am pleased with the continued growth in revenues and profits we have been able to achieve both organically and through strategic acquisitions. We continue to seek operating efficiencies and to take advantage of the full complement of capabilities we can offer our customers. OEM's are looking to simplify their operations and limit the number of suppliers they have to manage. We have responded to this need by providing our OEM customers with metal fabrication, cabling solutions, printed circuit board assemblies, advanced backplane interconnect solutions and higher level assemblies which has resulted in additional sales and profits.?

Simclar, Inc., with five North American manufacturing locations, and two regional Sales/NPI locations, has been engaged in contract manufacturing of electronic and electro-mechanical products for OEMs for 30 years.

Statements in this news release, which relate to other than strictly historical facts, such as statements about the Company's plans and strategies, expectations for future financial performance, and markets for the Company's products and services are forward-looking statements. The words ?believe,? ?expect,? ?anticipate,? ?estimate,? ?project,? and similar expressions identify forward-looking statements that speak only as of the date hereof. Investors are cautioned that such statements involve risks and uncertainties that could cause actual results to differ materially from historical or anticipated results due to many factors including, but not limited to, the Company's customer concentration, debt covenants, competition, the effectiveness of our internal controls, and other risks detailed in the Company's most recent Annual Report on Form 10-K and other Securities and Exchange Commission filings. The Company undertakes no obligation to publicly update or revise any forward-looking statements.

Visit Simclar, Inc. at its website, www.simclar.com for more information about the Company.