For
Immediate Release
May 25, 2007
Contact: David H. Buckley (978) 694-0055
Data Technology, Inc. Acquired By Gerber Scientific, Inc.
Wilmington,
MA -- Data Technology, Inc announced the completion of their
acquisition by Gerber
Scientific Products, a subsidiary of Gerber Scientific, Inc (NYSE:
GRB). The transaction was finalized on Monday, May 21, 2007. Gerber Scientific,
Inc. is a leading supplier of sophisticated automated manufacturing systems
for sign making and specialty graphics, apparel and flexible materials, and
ophthalmic lens processing.
Data Technology
will be merged with the Gerber Innovations business unit of
Gerber Scientific Products. The
planned integration of the two companies’ operations,
networks and customer facing organizations has already begun to ensure
a smooth transition and immediate value for its customers,
suppliers
and industry partners. Gerber Innovations offers market leading
systems and solutions for the automated production of flat
steel rule dies and coating
blankets.
David H.
Buckley, President and CEO of Data Technology, Inc., stated: “We
are excited about the acquisition by Gerber Scientific, as their global
service and sales organization will provide Data Technology
with expanded support for
its existing customers as well as a more global reach into a new customer
base for its products. Like Data Technology, Gerber Scientific
has a heritage for
innovative products, breakthrough technologies and unmatched customer
support. Working together we will continue to focus on meeting
the needs of our
customers in the packaging, die making and graphic industries.”
Greg
Wolf, President of Gerber Scientific Products, Inc.,
added: “The
acquisition of Data Technology, Inc. is a positive step forward for
Gerber. This addition will extend the Gerber product offering
providing increased
opportunity to serve our customers with high quality,
precision manufactured products.
Data Technology brings in a new dynamic in cutting and finishing solutions
to Gerber, we look forward to making these technologies available to
our customers world wide.”
Steven Gore,
Vice President of Sales & Marketing for Data Technology,
Inc., commented: “This acquisition will open new and
exciting doors for Data Technology as we continue to expand
both our product offering
and the markets
we serve. Data Technology’s existing and future customers will
benefit from new products and services that will now be possible
through Gerber’s
vast development resources and support organization.”
About
Data Technology
Data Technology is North America’s only full-line manufacturer
of specialty automated CAD/CAM cutting hardware for the design,
die making and short run
production segments of the packaging, die making and graphic industries.
Data Technology is based in Wilmington, MA.
About Gerber Scientific Products
Gerber Scientific Products is a leader in the development and
manufacture of computerized sign making and specialty
graphics systems, software,
materials
and accessories. The company’s start-to-finish digital design,
printing and production products integrate via its unique Match
Technology System™ to provide customers with comprehensive
engineered solutions for every color printing and dimensional signage
need. Based in South
Windsor, Conn., Gerber
Scientific Products operates as a business unit of Gerber Scientific,
Inc.
Gerber Scientific
is a leading international supplier of sophisticated automated
manufacturing systems for sign making and specialty graphics,
apparel and
flexible materials, and ophthalmic lens processing. Headquartered
in South Windsor,
Connecticut, the company operates through four businesses: Gerber
Scientific Products and Spandex Ltd., Gerber Technology, and
Gerber
Coburn.
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