Company Coronavirus Statement March 25 2020

To Our Valued Customers,

As we continue to monitor the latest updates and information about the global COVID-19 outbreak, we are taking additional measures to ensure we safeguard the health of our employees and preserve our ability to operate. Over the past several weeks, we have been taking actions to help prevent infections at our sites in Alabama. Rainbow Technology has a pandemic preparedness plan that has been implemented, and we are being proactive in our approaches to ensure business continuity.

We have identified areas which we consider critical to operate and have made plans to ensure we have sufficient resources to keep production running safely and products shipped to our customers. We have also implemented business and personal travel guidelines and a mandatory 14-day quarantine of any employees who have been in areas of concern. We have also prohibited outside personnel from entering our offices to help mitigate the risk of spread to our employees.

Our pandemic team will continue to guide appropriate measures which should be taken during this event and take actions necessary to ensure our operations continue running.

Supply Chain and Customer Impacts:

The entire global supply chain has been impacted due to the COVID-19 outbreak. While it is more difficult to confirm available logistics and delivery dates at this time, we believe our suppliers and carriers capabilities will keep us well positioned to work through these challenges and, if necessary, to help customers put the appropriate mitigation plans in place. We are working closely with our customers to determine any potential impacts or delays. We are also verifying our suppliers' ability to supply raw materials from their manufacturing sites.

We realize this situation remains very dynamic. We will continue to provide updates as we learn more. We are confident in our preparation and contingency planning for situations such as this. We remain committed to providing the superior service and support that our customers have come to expect of our company throughout this situation and we wish the best for you and your families.

Mark Steeley
Rainbow Technology Corp.