Expanding Capabilities in Air and Water Environmental Monitoring, Testing, Emergency Response, Security and Industrial Hygiene
Syracuse, New York - July 11, 2003 - INFICON Holding AG (Nasdaq and SWX Swiss Exchange: IFCN), a global leader in advanced sensor technologies and process control software for industrial and environmental applications, today announced it has acquired privately-held Sentex Systems, Inc. of Fairfield, New Jersey, which extends INFICON leadership in critical, on-site monitoring and identification of toxic chemicals and materials. Terms of the transaction were not disclosed.
Sentex Systems, founded in 1980, supplies sophisticated monitoring and analysis instruments using gas chromatography (GC) technology to detect volatile organic compounds (VOCs) for industrial and environmental monitoring, testing, and security. Sentex product lines include continuous, on-line water monitors for applications such as factory discharge water or water security, air monitors for spot analysis or continuous on-site monitoring, and explosives detectors for building and site security and protection.
Sentex products complement INFICON's offering of fully portable chemical identification systems (gas chromatograph/mass spectrometer or GC/MS technology) used for fast on-scene detection and analysis of chemical agents and toxic materials in air, soil and water. INFICON HAPSITE instruments have been sold to U.S. and other military organizations, state and city governments, and to private and public sector customers for emergency response, hazardous waste site analysis and remediation, industrial hygiene and other environmental applications.
"As water purity and safety concerns increase, our customers need faster and more accurate discovery of toxic chemical substances. Sentex Systems is recognized for consistently high performance and dependable products for field analysis," said James Brissenden, president and chief executive officer. "INFICON's acquisition of Sentex adds these products and technical expertise to our business portfolio and will help our customers to make crucial decisions affecting life, health and safety."
INFICON is a leading developer, manufacturer and supplier of innovative vacuum instrumentation, critical sensor technologies, and advanced process control software for the semiconductor and related industries and other industrial applications. These analysis, measurement and control products are vital to original equipment manufacturers (OEMs) and end-users in the complex manufacturing of semiconductors, flat panel displays, magnetic and optical storage media and precision optics. INFICON also provides essential instrumentation for gas leak detection and toxic chemical analysis to the air conditioning/refrigeration, emergency response, security, and industrial hygiene markets. Headquartered in Syracuse, New York, INFICON has world-class manufacturing facilities in the United States and Europe and worldwide offices in the U.S., China, France, Germany, Japan, Korea, Liechtenstein, Singapore, Switzerland, Taiwan, and the United Kingdom. For more information about INFICON and its products, please visit the Company's website at www.inficon.com.
This press release and oral statements or other written statements made, or to be made, by us contain forward-looking statements that do not relate solely to historical or current facts. Forward looking statements can be identified by the use of words such as "may", "believe", "will", "expect", "project", "assume", "estimate", "anticipate", "plan" or "continue". These forward-looking statements address, among other things, our strategic objectives, trends in vacuum technology and in the industries that employ vacuum instrumentation, such as the semiconductor and related industries and the anticipated effects of these trends on our business. These forward-looking statements are based on the current plans and expectations of our management and are subject to a number of uncertainties and risks that could significantly affect our current plans and expectations, as well as future results of operations and financial condition. Some of these risks and uncertainties are discussed in the Company's Annual Report on Form 20-F for fiscal 2002 and the Company's reports on Form 6-K filed with the Securities and Exchange Commission during 2003.
As a consequence, our current and anticipated plans and our future prospects, results of operations and financial condition may differ from those expressed in any forward-looking statements made by or on behalf of our company. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.