On January 23, 2015, Vintage Capital Management, LLC sent a letter to shareholders of IEC Electronics Corp. stating that Vintage Capital Management and its affiliates is pleased, satisfied, overjoyed and appreciative of the overwhelming support we have received to date from IEC Electronics Corp. stockholders and the nation's independent proxy advisors, ISS, Glass Lewis, and Egan-Jones.

In addition, Vintage Capital stated that it is seeking shareholders support to elect a slate of 7 qualified nominees with independent perspectives to the Board of Directors on the its proxy card.