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MICROSCAN TO PURCHASE SIEMENS MACHINE VISION BUSINESS

2008-09-15

RENTON, Wash., Sept. 15, 2008 - Microscan today announced it will purchase Siemens' Machine Vision business, formerly Acuity CiMatrix, headquartered in Nashua, New Hampshire. The company expects the acquisition to further enhance its technology leadership position in customer-focused traceability solutions by expanding further into machine vision imaging and inspection. The deal is expected to close on Sept. 19, 2008.

Microscan, a global leader in the design and manufacturer of precision data acquisition and controls, is focused on solutions for electronics, life sciences, and automotive industries. Siemens Machine Vision will become integrated into Microscan. The company plans to keep the Nashua location open and retain the majority of the workforce. For customers and distribution partners the transition of ownership is expected to be seamless.

"The purchase of Siemens Machine Vision business allows Microscan to expand our vision and smart camera portfolio to the benefit of our customers and partners worldwide," said Jeff Timms, president, Microscan. "Vision products for identification and inspection are a growing aspect of the precision data acquisition and control market. The acquisition of the Siemens Machine Vision business brings with it a depth of expertise in Data Matrix and vision product design that is second to none. Combined with Microscan's deep experience in data acquisition solutions, the purchase of this business tremendously augments our product portfolio and brings with it a unique and complementary offering to our customers. This acquisition will nicely position us against our competitors in our targeted markets."

"Since acquiring the company in 2005, Siemens has made considerable investments in the portfolio, facilities, infrastructure, and employees of its machine vision business," said Dennis Sadlowski, president and CEO, Siemens Energy & Automation, Inc. "I'm confident that the combination of these investments and Microscan's ability to engage a focused sales force, will ensure the continued success of this business. Siemens will continue to focus on the industrial identification (Auto ID) segment and strengthen its innovative RFID and 1D/2D code reading systems portfolio."

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