[NTIACNews]Zetec Acquires Power Generation Products Division from R/D Tech

Chris R. Coughlin ccoughlin@ntiac.com
Tue, 08 Jun 2004 12:58:23 -0500


Hello All,

Zetec's parent Roper Industries, Inc. (NYSE:ROP) announced today that it 
has acquired R/D Tech's Power Generation Products Division, for 
approximately $38 Million.  The Division is a leading supplier of 
automated ultrasound imaging systems for the inspection of components in 
nuclear and fossil power plants.

According to a Zetec spokesperson, "The decision to acquire the Power 
Generation Division was based on the complementary product portfolios 
and markets for both companies. We believe that R/D Tech’s products and 
engineering team will strengthen Zetec’s solutions for mission critical 
applications in nuclear and fossil power plants and position Zetec for 
subsequent growth in other applications and industries."

"The addition of ultrasound technology to the Zetec portfolio provides 
access to a host of entirely new applications and markets for the 
company. This also adds many eddy current applications to the already 
strong offerings of Zetec in this market. The combination of our 
complementary skills, markets, and applications creates a very powerful 
synergy and provides more effective and more complete solutions for our 
customers," commented Guy Lafontaine, vice president of R/D Tech's 
former Power Generation Business, who will be joining Zetec.

More information is available from the press release at 
http://biz.yahoo.com/prnews/040608/cltu045_1.html .

Regards,
Chris

-- 
Chris Coughlin / NTIAC / 415 Crystal Creek Drive / Austin TX 78746
Phone (800)684-2239 or (512)263-2101x227 / FAX (512)263-3530
Email ccoughlin@ntiac.com / Web http://www.ntiac.com