Transcat Completes Acquisition of Wind Turbine Tools, Inc
ROCHESTER, NY, January 13, 2011 - Transcat, Inc. (Nasdaq: TRNS) ("Transcat" or the "Company"), a
leading distributor of professional grade handheld test and measurement instruments and accredited
provider of calibration, repair and weighing system services, announced today that it has completed the
acquisition of substantially all of the assets of Wind Turbine Tools, Inc. and affiliated entities. The
purchase was an all cash transaction although terms were not disclosed. The acquisition further expands
and deepens Transcat's presence in the wind energy industry.
Wind Turbine Tools of Lincoln, Montana and its founder, Jim Daugherty, are widely recognized within the
wind energy industry as a premier provider of unique product tool kit solutions, technical assistance, torque
calibration and hydraulic services. Mr. Daugherty will be remaining with Transcat as Director of Wind
Energy Sales.
Charles P. Hadeed, President, CEO and COO of Transcat, commented, "This acquisition is an excellent
complement to our growing wind energy business and we are pleased to have Jim join our team."
Transcat had previously announced on November 23, 2010, that it had entered into a non-binding Letter of
Intent to acquire Wind Turbine Tools.
ABOUT TRANSCAT
Transcat, Inc. is a leading distributor of professional grade handheld test and measurement instruments
and accredited provider of calibration and repair services primarily for the pharmaceutical and FDAregulated,
industrial manufacturing, energy and utilities, chemical manufacturing, and other industries.
Through its distribution products segment, Transcat markets and distributes national and proprietary brand
instruments to nearly 14,000 customers. The Company offers access to more than 25,000 test and
measurement instruments. Transcat delivers precise, reliable, fast calibration, and repair services across
the United States, Canada and Puerto Rico through its 14 strategically located Calibration Centers of
Excellence. Transcat's calibration laboratories are ISO-9001 registered and the scope of accreditation to
ISO/IEC 17025 is believed to be one of the broadest in the industry.
Transcat's growth strategy is to expand both its distribution products and calibration services in markets
that value product breadth and availability and rely on accredited calibration services to maintain the
integrity of their processes. More information about Transcat can be found on its website at:
www.transcat.com
For more information contact:
John Zimmer,Chief Financial Officer
Phone: (585) 352-7777Email: jzimmer@transcat.com
-OR-
Deborah
Pawlowski, Investor Relations
Phone: (716) 843-3908Email: dpawlowski@keiadvisors.com
