The Securities Sleuth

TROUBLE FOR BLACK BOX (NASDAQ: BBOX) INVESTORS

JUNE 13, 2007

Since November of last year, investors in Black Box (NASDAQ: BBOX) has been stung by a series of revelations by the Company.

First, on November 17, 2006, the Company disclosed that it received a letter of informal inquiry From the SEC requesting documents related to the Company's stock option practices from January 1, 1996 to the present.

Second, on March 20, 2007, the Company disclosed it expected to restate nearly 15 years of financial statements due to improper accounting for stock option grants.

Third, on May 22, 2007, the Company's CEO resigned and the Company did not provide a reason.

Finally, on June 1, 2007, the Company disclosed that the SECOND had commenced a formal investigation of the Company relating to its stock option grant practices.

Besides Black Box's ongoing problems related to stock options backdating, the Company also has suffered from alleged improper conduct at a foreign operation. Specifically, on June 1, Black Box disclosed that during the fourth quarter of fiscal 2006, it incurred a pre-tax charge of $7.1 million related to an adjustment of earnings. The Company explained the adjustment was due to intentional misconduct by certain management at the Company's Italian operations.

It appears that investors who purchased Black Box between August 2, 2002 and May 21, 2007 are affected.

Investigation at CTS Corp

Indiana-based CTS Corp. (NYSE: CTS) is a designer and manufacturer of electronic components. On February 9, 2007, CTS announced before the opening of trading an investigation of accounting issues identified while reconciling accounts related to payables and inventory. As a result, the Company stated that its full year 2006 diluted earnings per share will be significantly below its previously disclosed estimates. The Company also disclosed that these accounting issues may affect multiple quarters in 2006 and, as a result, management determined that the Company's financial statements for the first three quarters of 2006 should not be relied upon.

It appears that investors who purchased CTS between April 25, 2006 and February 8, 2007 are affected.

We are investigating both of these cases and if you are an affected investor you may want to contact us.

Now with respect to securities cases that have recently settled. If you are an affected investor - you purchased any of these stocks during the relevant class period, you may wish to contact the claims administrator to obtain additional information. Remember, if you don't submit your claim form, you won't receive your share of any settlement.

Catalina Marketing Corp. (POS)
Class Period: October 14, 1999 to August 25, 2003
Claim Deadline: May 21, 2007
Claims Administrator: Gilardi

Spear & Jackson, Inc. (SJCK)
Class Period: February 1, 2002 to April 1, 2003
Claims Deadline: June 26, 2007
Claims Administrator: Garden City

Information regarding other recent settled cases, including the cases listed below can be found at www.securitiessleuth.com.

Winstar Communications (WCII)
Ibis Technology Corp. (IBIS)
Astropower, Inc. (APWR)

Again, you should contact the claims administrator (rather than us). However, if you are an affected investor in any of the companies under investigation, you many wish to contact us so that you can consider your options.

Likewise, if you happen to be aware of corporate restatements or other financial fraud -- especially if you're a victim -- you're encouraged to contribute to the Sleuth by giving your own tip-offs at http://securitiessleuth.typepad.com or by e-mailing info@securitiessleuth.com.

You can also call Mark McNair at 877-511-4717. If you have a friend or colleague you think would benefit from The Sleuth, please pass along this issue and ask them to sign up at
http://www.cartville.com/app/join.asp?MerchantID=47994.

Warmest regards,

Mark McNair