Hardy Instruments Acquired by Roper Industries
SAN DIEGO, CA - OCTOBER 2007 - Hardy Instruments, a San Diego-based manufacturer
of process weighing, vibration monitoring and tension control solutions, announces its
acquisition by Roper Industries, Inc. (NYSE: ROP).
Hardy Instruments has been providing superior, innovative products and excellent customer service for more than 85 years. Its process weighing technology provides new opportunities to companies under Roper's Energy Systems and Controls group. Roper's excellence in market connectivity and international presence will aid Hardy's global reach and future growth.
"The technology now available to other Roper companies from this acquisition, coupled with our disciplined growth process, is an exciting combination," said Tim Winfrey, Vice President of the Roper Energy Systems and Controls Group.
"This is an exciting milestone for our company and we look forward to the growth opportunities this provides to Hardy Instruments such as stronger international presence and access to other technologies within the Roper business," said David Cornwell, General Manager of Hardy Instruments.
ABOUT HARDY INSTRUMENTS
Hardy Instruments has been a leader in weighing solutions for over 85 years and is best known for its innovative approaches to precision weighing, tension control and vibration monitoring equipment. An ISO 9001-certified manufacturer, Hardy Instruments is based in San Diego, California. For more information about Hardy Instruments, please visit www.hardyinstruments.com or call 1-800-821-5831.
ABOUT ROPER INDUSTRIES
Roper Industries is a market-driven, diversified growth company with trailing twelve month revenues of $1.9 billion, and is a component of the Fortune 1000, S&P MidCap 400 and the Russell 1000 Indexes. Roper provides engineered products and solutions for global niche markets, including water, energy, radio frequency and research/medical applications.
Additional information about Roper Industries is available on the Company's website at
www.roperind.com.
Hardy Instruments
David Cornwell
General Manager, Process Weighing
858-292-2710,x1401
dcornwell@hardyinst.com
Hardy Instruments
Milka Pejovic
Marcom Manager
858-292-2710,x1208
mpejovic@hardyinst.com
