ADM Tronics Expands Product Lines By Acquiring Assets of Antistatic Industries of Delaware, Inc. |
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Antistatic Industries
11 Deerpark Dr Ste 102b
Monmouth Junction, NJ, 08852
USA
Press release date: November 11, 2009
Northvale, NJ - ADM Tronics Unlimited, Inc. has announced that it has acquired all of the assets of Antistatic Industries of Delaware, Inc. Since its founding in June of 1990, Antistatic Industries has been developing and distributing proprietary conductive paints, coatings and other products and accessories which can be used by computer, pharmaceutical and chemical companies to prevent, reduce or eliminate static electricity.
Many industries are concerned with static electricity as it can be hazardous to personnel and damage corporate facilities, high-end computers, electronic equipment and valuable parts. Antistatic Industries has a wide range of products including paints, hoses, garments, floor mats, rugs, strapping, hook-and-loop, adhesive products, shelving and many other specialized items, all with conductive properties. Antistatic Industries has also pioneered low and no VOC conductive and antistatic paint and coating formulations that can be used as replacements for paints and coatings made from hazardous solvents.
ADM Tronics will conduct the operations of the acquired assets through its newly formed "Antistatic Industries Division." Mr. Joseph Kaye, the founder and former President of Antistatic Industries, will consult with ADM Tronics to oversee the day-to-day operations of the Antistatic Industries Division and continue research and development of conductive and antistatic technologies and products.
"We are very pleased to add Antistatic Industries' technologies and products to ADM Tronics," stated Andre' DiMino, President of ADM Tronics. "With this acquisition, we will complement our existing technologies and product lines as well as broaden our product offerings and augment our technical capabilities. This acquisition provides value from all angles and is a prudent investment in ADM Tronics' future." ADM Tronics Unlimited, Inc. is a technology-based developer and manufacturer of unique, environmentally safe, health and life enhancing technologies and products. Its core competency is its ability to conceptualize a technology, bring it through development, into manufacturing and commercialization, all in-house. Its diversified product technology areas are environmentally friendly, water based industrial chemicals; therapeutic, non invasive electronic medical devices; and, innovative personal care and topical dermatological products.
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