Sanco Trading (International) Ltd. Joins Valpey Fisher's
Global Sales Network

HOPKINTON, MA, August 27, 2009 – Valpey-FisherCorporation (NASDAQ:VPF), announced today the addition of Sanco Trading (International) Ltd. to the global sales network as an authorized sales representative and distributor for all of its products in China. “Valpey Fisher devices are already in many products built in China”, stated Michael Ferrantino Jr., Executive Vice President and Chief Operating Officer of Valpey Fisher, “with the expansion of our sales force there, more of our devices will be designed into the latest technology products.”

Sanco Trading (International) Ltd. represents manufacturers from around the world with their office in Hong Kong. Its parent company, APAT Investment Group, is headquartered in Shenzhen, China. With a strong sales team and a healthy portfolio, Sanco has the expertise and financial strength to succeed in finding high growth opportunities for Valpey Fisher.

“We are pleased to have Sanco Trading and the APAT Investment Group partnered with Valpey Fisher in this extremely competitive telecom market”, continues Ferrantino, ”with their proven industry expertise we further position ourselves to provide customers with excellent low noise timing solutions and superior service.” Mr. Michael Zhang, President of Sanco Trading (International) Ltd. said: “Sanco Trading and the APAT Investment Group have a deep understanding of market trends and competitive dynamics in China and Hong Kong. With Valpey Fisher’s innovative product line we will be able to offer customers a broad range of superior timing solutions.”

About Valpey Fisher Corporation
Valpey Fisher Corporation (MASDAQ:VPF) is a world–leading technology company specializing in low noise timing solutions. From discrete high precision crystal oscillators to highly integrated low noise timing modules, Valpey Fisher offers its customers a broad array of frequency control products needed in advanced applications including cellular base stations, broadband datacom infrastructure, avionics instrumentation, homeland security equipment, and military defense systems. Valpey Fisher is an ISO-9001:2000 approved organization with its corporate headquarters located in a 32,000 square foot research, engineering and manufacturing facility in Hopkinton, MA.

About Sanco Trading (International) Ltd.
Sanco Trading (International) Ltd. is a manufacturer’s representative agency registered in Hong Kong and headquartered in Shenzhen, China. It specializes in components, modules and sub-systems in telecom, wireless and digital entertainment.

About APAT Investment Group, Ltd.
Founded in 1992, APAT Investment Group, Ltd. is the parent company of Sanco Trading (International) Ltd., APAT Communication Technology Co., APAT Venture, ChinaLand Investment, MicroLab Co., and Unigel. It is headquartered in Shenzhen, China.

Contacts:
Valpey Fisher Corporation
John Fortune, 508-435-6831
Email: jfortune@valpeyfisher.com
www.valpeyfisher.com

SANCO Trading (International) Ltd.
Room 17A, Man Hing Commercial Buildiing,
79-83 Queens Road
Central, Hong Kong
www.apatcn.com

APAT Communication Technology Co., Ltd.
14F, Duty-free Business Building, No.6
1 Fuhua Road.
Futian District Shenzhen, P.R.C.518048
www.apatcn.com