Mikron Infrared, Inc. Announces Acquisition of Kleiber Infrared GmbH
10 Mayo 2006 - 8:54AM
Business Wire
Mikron Infrared, Inc. (NASD:MIKR) announced today that its wholly
owned subsidiary, IMPAC Infrared GmbH, has acquired all of the
share capital of Kleiber Infrared GmbH for cash consideration in an
undisclosed amount. Kleiber, which is located in Saalfeld, Germany,
specializes in the manufacture of infrared pyrometers for
temperature measurement of fast processes at high speeds involving
response times as quick as 10 microseconds, and is the predominant
supplier in that market niche. Typical applications include the
laser market for material processing and testing. Rolf Breternitz,
Managing Director of Mikron's European operations, stated that,
"the acquisition of Kleiber expands the addressable application
base for Mikron Group products. Furthermore, the development team
at Kleiber has unique design expertise that can be extrapolated to
other group products." Gerry Posner, Mikron's CEO remarked that,
"the inclusion of Kleiber in the Mikron Infrared family follows our
philosophy of making acquisitions in niche areas which expand our
product portfolio. As with our previous acquisitions, we believe
the strength of our distribution channel will enable us to grow the
sales base of Kleiber products significantly." About Mikron
Infrared, Inc. Mikron Infrared, Inc., founded in 1969, is a
developer, manufacturer and marketer of infrared non-contact
temperature measurement devices, temperature sensors, calibration
sources and thermal imaging systems. Its executive offices and
manufacturing facilities are located at 16 Thornton Road, Oakland,
NJ (Tel. No. 201-405-0900). Forward-Looking Statements This release
contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. Those statements
include but are not limited to statements regarding our business
and acquisition strategies, marketing assumptions, product
development, plans concerning the commercialization of products,
risks associated with demand for and market acceptance of existing
and newly developed products as to which we have made significant
investments, general economic and industry conditions; competitive
products and pricing pressures and increased pricing pressures from
our customers. Such statements are not guarantees of future
performance. They are subject to certain risks, uncertainties and
assumptions that are difficult to predict, and that could cause
actual results to differ materially from those included in the
forward-looking statements. Factors that could affect the company's
actual results include but are not limited to the risks discussed
in the company's Annual Report on Form 10-KSB for the year ended
October 31, 2005. Readers are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the
date of this release. The company undertakes no obligation to
update publicly any forward-looking statements to reflect the
occurrence of unanticipated events.
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