Technic Announces Purchase of Selected Assets of Metfab Technologies, Inc.


Technic Equipment Division is pleased to announce that it has purchased selected assets of Metfab Technologies, Inc.. In particular Metfab's intellectual property related to reel-to-reel electroplating and electropolishing equipment is being transferred to Technic. As part of the transaction, several key personnel will also join Technic. Paul Scorpio, formerly VP of Operations at Metfab will take on the position of Reel-to-Reel Technology Director. Stu Raifman, formerly VP of Sales and Marketing at Metfab will assume the role of Senior Applications Specialist within the group.

"The technology we have acquired from Metfab, together with the experience of the personnel transferring to Technic, expands and strengthens our equipment capabilities." says Anthony Guglielmo, VP of Technic Equipment. "It follows our proven history of developing unique products, such as the Spouted Bed Electroplater (SBE), and also incorporating new products through acquisitions such as Plasfab Engineered Systems, Baker Bros, T.N.T, Carolinch and Kentucky Automation equipment."

Technic, Inc. is a US based, private, financially strong corporation. For over 65 years, Technic has been a global supplier of specialty chemicals, custom finishing equipment, engineered powders, and analytical control systems to the electronic component, printed circuit board, semiconductor, photovoltaic, industrial finishing and decorative industries.

Press Release Contact:

Bob Sheeran

ads@technic.com

(401) 721-2305

For information on Technic and Technic products go to: www.technic.com or contact Technic at (401) 781-6100.

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