FAIRFIELD, N. This is a
good example of a partnership yielding a win-win for supplier and customer.

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3 million pounds sterling (approximately $2. Measurement Specialties , Inc.

Instrumentation of industrial processes provides measurement and automation functionality.

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The Consumer division produces OEM bathroom scales, Accutire(R) brand tire
pressure gauges and other products. MSI Sensors uses multiple advanced
technologies -- including piezoresistive, electro-optic , electro-magnetic,
capacitive, application specific integrated circuits (ASICs),
micro-electromechanical systems (MEMS), piezoelectric polymers and strain
gauges -- to engineer sensors that operate precisely and cost effectively.

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MSI Sensors uses multiple advanced
technologies -- including piezoresistive , electro-optic, electro-magnetic,
capacitive, application specific integrated circuits (ASICs),
micro -electromechanical systems (MEMS), piezoelectric polymers and strain
gauges -- to engineer sensors that operate precisely and cost effectively. Forward looking statements may be identified by such words or
phases "should," "intends," "expects," "will," "continue," "anticipate,"
"estimated," "projected ," "may," "we believe," "future prospects," or similar
expressions. The Sensor division, also known as MSI
Sensors, produces a wide variety of sensors and transducers to measure precise
ranges of physical characteristics such as pressure, force, vibration,
position, tilt, flow and humidity.

Company Contact: Frank Guidone, CEO, (757) 766-4400
Investor Contact: Aimee Boutcher or Daniel Boutcher, (973) 239-2878

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FAIRFIELD, N.
The assets were acquired by the Company 's China operation, MSI Sensors (China)
Ltd.

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Company Contact: Frank Guidone, CEO, 973 808-3020

Investor Contact: Daniel Boutcher, 972 239-2878

(Amex: MSS), a designer and manufacturer of sensors and sensor-based
consumer products, announced today it has acquired certain assets of the
industrial pressure sensing business of Polaron Components Ltd. in the United
Kingdom , for 1.

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, Measurement Specialties,
Inc.
About MSI.

Measurement Specialties Announces Agreement with Mykrolis to Supply Pressure Transducers

Factors that might cause actual results to differ include ,
but are not limited to, success of any reorganization; ability to raise
additional funds; conditions in the general economy and in the markets served
by the Company; competitive factors, such as price pressures and the potential
emergence of rival technologies; interruptions of suppliers' operations
affecting availability of component materials at reasonable prices; timely
development and market acceptance, and warranty performance of new products;
success in integrating acquired businesses; changes in product mix, costs and
yields, fluctuations in foreign currency exchange rates; uncertainties related
to doing business in Hong Kong and China; and the risk factors listed from
time to time in the Company's SEC reports. Actual results may
differ materially. The Company assumes no obligation to update the information
in this issue. The transaction was completed today, but will be effective as of
February 1, 2005.

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The Consumer
division produces OEM bathroom scales, Accutire(R) brand tire pressure gauges
and other products.

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To participate, please
dial 1-800-762-4758 prior to the start time.
"The improved long-term stability of the transducer reduces the need for
adjustments and preventative maintenance, eliminating downtime for our
customers," said Scarborough.
In addition , the company's products are used to manufacture a range of other
products, such as flat panel displays , high purity chemicals, photoresists,
solar cells, gas lasers, optical and magnetic storage devices and fiber optic
cables.

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, Measurement
Specialties, Inc.
Mykrolis develops and manufactures liquid and gas delivery systems,
components and consumables used to precisely measure, deliver, control and
purify the liquids and gases used in the semiconductor manufacturing process.45 million).

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Forward -looking
statements do not include the impact of acquisitions or dispositions of
assets, which could affect results in the near term.J., Measurement Specialties,
Inc.

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com. The forward-looking statements above involve a number of risks
and uncertainties.

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Company Contact: Frank Guidone, CEO (757) 766-4400
Investor Contact: Aimee Boutcher or Daniel Boutcher (973) 239-2878

According to Tom Scarborough, Product Manager at Mykrolis, the combination
of Mykrolis' proprietary high-purity absolute pressure design and the MSS
Microfused(TM) sensor technology will provide Mykrolis's customers with
superior performance and value.
From a manufacturing perspective , the product is synergistic with existing
production lines and offers significant opportunity in the future.
The transaction is a vertical integration move for the Company, as Polaron
distributed MSI products in the UK and MSI distributed Polaron products in
North America and Asia.

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(Amex: MSS ), a designer and manufacturer of sensors and sensor-based
consumer products, announced today that it will report earnings for the three
and nine-month periods ended December 31, 2004 on Tuesday, February 8, 2005.
A conference call reviewing third quarter results will be held on
Wednesday , February 9, 2005 beginning at 11:00 AM EST. International callers should dial
1-480-629-9035. A recording of the call will be available for 90 days by
dialing 800-475-6701 and entering access code 769837. The Sensor division, also known as MSI
Sensors, produces a wide variety of sensors and transducers to measure precise
ranges of physical characteristics such as pressure, force, vibration,
position , tilt, flow and humidity.

Measurement Specialties, Inc."

Polaron Components, Ltd .

xsens transducers

designs and manufactures sensors and
sensor-based consumer products. The Sensor division, also known as MSI
Sensors, produces a wide variety of sensors and transducers to measure precise
ranges of physical characteristics such as pressure, motion, force,
displacement, tilt, flow and humidity . (http://www.

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Measurement Specialties, Inc."
Mykrolis and MSS are evaluating other opportunities where their
technologies are synergistic and may yield future benefits.

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This release includes forward looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended , and Section 21E of the
Securities and Exchange Act of 1934, as amended, including but not limited to,
statements regarding non-recurring expenses, and resolution of pending
litigation. This represents approximately $750,000 in incremental sales to MSI. "Polaron pressure is an excellent
fit with our business -- given that we have been manufacturing the product for
Polaron -- and will be immediately accretive to our bottom line," commented
Frank Guidone, Company CEO.

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The call will be
simultaneously broadcast over the Internet and available for 90 days
thereafter at http://www.J. "By working with an
established leader in the semiconductor industry, we have been able to address
the needs of a new market by exploiting one of our core sensing technologies.06 million pounds (approximately $2 million) in net
sales. MSI had been manufacturing Polaron pressure products
in its wholly owned subsidiary in China.uk/components), a wholly
owned subsidiary of Polaron plc, designs and distributes pressure transducers
and other sensor products.

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Measurement Specialties Sets Schedule to Announce Third Quarter 2005 Results

vcall. The Company from time-to-time
considers acquiring or disposing of business or product lines.polaron.

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designs and manufactures sensors
and sensor-based consumer products.co. MSI Sensors uses multiple advanced
technologies -- including piezoresistive, electro -optic, electro-magnetic,
capacitive, application specific integrated circuits (ASICs), micro-
electromechanical systems (MEMS), piezoelectric polymers and strain gauges --
to engineer sensors that operate precisely and cost effectively.

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Earnings will be released after 4:00 PM EST.

Measurement Specialties Acquires Pressure Sensing Business of Polaron Components Ltd.

"With its foil strain gauge technology, Polaron
extends our already large pressure sensor portfolio while it further enhances
our footprint in Europe.

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FAIRFIELD, N. (Amex: MSS) and Mykrolis Corporation
(NYSE: MYK; Billerica, MA) have announced a sourcing agreement in which
Measurement Specialties will manufacture the Mykrolis SolidSense(R ) II
pressure transducers which are used in high-purity semiconductor
manufacturing.
"This has been an ideal relationship for MSS from the very start," noted
Glen MacGibbon, Director of Global Sales and Marketing. For
the 12 month period ended November 30, 2004, the acquired product lines
generated approximately 1.

About MSI. designs and manufactures sensors
and sensor-based consumer products.