|FOR IMMEDIATE RELEASE|
|Fluke Acquires Biomedical Instruments Division from Lionheart Technologies|
|Test and measurement leader extends reach into medical market with complementary product line|
|EVERETT, WA -- Fluke Corporation, the global leader in electrical test and measurement technology, has acquired the Biomedical Instruments Division of Lionheart Technologies. The division is comprised of three organizations: DNI Nevada located in Carson City, NV, Dale Technologies in Westport, NY, and the Biomedical division of Bio-Tek Instruments in Winooski, VT.
"The Lionheart Biomedical Division product line is similar to Fluke in that it has a well established customer base and a brand reputation for rugged reliability. It offers us a great opportunity for expanding our presence in health care, an important and growing market," says Jim Lico, president of Fluke. "Biomedical technicians are already using Fluke products and this acquisition will allow us to expand our offerings to them."
Lionheart will retain its core business, Bio-Tek Instruments.
"This strategic decision will allow for increased focus and investment in Bio-Tek Instruments Laboratory business," says Briar Alpert, president of Lionheart Technologies. Bio-Tek's Laboratory division is a leading developer and supplier of high-performance microplate instrumentation and software for the pharmaceutical and biotechnology marketplace.
The Biomedical Division is the market leader in the development and manufacture of test equipment and software used within hospitals, with third-party maintenance organizations, the military and in all facets of medical product manufacturing and sales. These biomedical products include defibrillator analyzers, electrical safety analyzers, patient simulators and quality assurance data management software. The products are marketed and sold throughout the world. Fluke will retain the existing sales channel for all three companies.
"We want to assure Bio-Tek Instrument customers that this change in ownership will not impact them in terms of product warranty and service," says Lico. "Customers should continue to buy products through their current sales channels. We are committed to providing the same high level of service they've come to expect."
Eric Perron, former president of Bio-Tek Europe, will head up the new, as yet unnamed Fluke medical instruments organization, which will be headquartered at the current DNI Nevada facility in Carson City.
For more information on the companies involved in the acquisition, visit www.biotek.com, www.dninevada.com, and www.daletech.com.
Fluke Corporation, a wholly owned subsidiary of Danaher Corporation (NYSE: DHR), is a world leader in the development and manufacture of compact, professional electronic test tools. Fluke products are used by technicians and engineers in service, installation, maintenance, manufacturing test and quality functions in a variety of industries throughout the world. Founded in 1948, Fluke has more than 2,400 employees worldwide and distributes its products in over 100 countries. The company's international headquarters are in Everett, WA, USA, with European sales and service headquarters located in Eindhoven, The Netherlands. For more information contact Fluke Corporation, P.O. Box 9090, Everett, WA USA 98206, call (800) 44-FLUKE, fax (425) 446-5116, or visit www.Fluke.com.
Fluke Electronics Canada is headquartered in Mississauga, Ontario, with offices in Vancouver, Calgary, Ottawa and Montreal. Fluke has received ISO 9001 registration for all its North American facilities. Fluke’s Canadian calibration facilities are also NRC/CLAS Certified and SCC Accredited.
| Stephanie Inglis|