BURLINGTON, ON, March 16, 2012 /PRNewswire/ – Siemens Canada Limited (“Siemens”) announced today that it has been
successful in the acquisition, by its wholly-owned subsidiary (the
“Offeror”), of the outstanding common shares (“Common Shares”) of
RuggedCom Inc. (“RuggedCom”) for $33.00 per Common Share in cash (the
“Offer”) and that the Offer has expired.

12,556,180 Common Shares (the “Deposited Common Shares”) have been validly
deposited to the Offer and not withdrawn. As all of the conditions of
the Offer have been satisfied or waived, the Offeror has taken up and
accepted for payment in accordance with the Offer all of the Deposited
Common Shares. At the commencement of the Offer, Siemens and the
Offeror, together with their affiliates and associates, held none of
the outstanding Common Shares. The Offeror now owns 12,556,180 Common
Shares, representing approximately 97.6 per cent of the outstanding
Common Shares. The Deposited Common Shares were acquired by the
Offeror for consideration of $33.00 in cash per Common Share.

As contemplated by the Support Agreement, the Board of Directors (and
committees of the Board of Directors) of RuggedCom will be
reconstituted to include a number of directors designated by Siemens
that is proportionate to Siemens’ shareholdings in RuggedCom.

As more than 90 per cent of the outstanding Common Shares were deposited
to the Offer, Siemens intends to acquire all of the remaining Common
Shares not deposited under the Offer pursuant to the compulsory
acquisition provisions of the Business Corporations Act (Ontario). Siemens further intends to cause the Common Shares to be
de-listed from the Toronto Stock Exchange and to cause RuggedCom to
cease to be a reporting issuer under applicable securities laws as soon
as possible.

About Siemens in Canada
For 100 years the innovative ideas from Siemens have helped make Canada
a better place. From the Atlantic to Pacific oceans, more than 4,400
employees in Canada work together to provide answers that last in the
fields of industry, energy and healthcare, as well as deliver
infrastructure solutions for cities. Since it was federally chartered
in August of 1912, Siemens has stood for technical achievements,
innovation, quality and reliability. Sales for Siemens in Canada in
fiscal 2011 (ended September 30), were $3.0 billion CAD. The company
has 61 offices and 13 manufacturing/assembly facilities across Canada.
Further information is available at www.siemens.ca

About the Offeror
The name and the address of the Offeror are as follows:

Siemens Acquisition Ontario Limited
1550 Appleby Line
Burlington, Ontario L7L 6X7
Canada

About RuggedCom Inc.
RuggedCom is a leading provider of rugged communications networking
solutions designed for mission-critical applications in harsh
environments. RuggedCom’s technology solutions include Ethernet
switches, network routers, wireless devices, serial servers, media
converters, software and professional services. RuggedCom’s products
are designed for use in harsh environments such as those found in
electrical power substations and “Smart Grids,” intelligent
transportation systems, industrial process control and military
applications.

SOURCE Siemens Canada Limited