Waterjet Manufacturer Jet Edge Acquires Calypso Waterjet Systems
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12070 43rd St. N.E.
St. Michael, MN, 55376
Press release date: October 12, 2009
ST. MICHAEL, Minn. (October 12, 2009) - Waterjet manufacturer Jet Edge, Inc. of St. Michael, Minn., is pleased to announce that it has acquired Calypso Waterjet Systems of Dallas, Texas.
Founded in 1992, Calypso Waterjet Systems had been a world-leading manufacturer of waterjet cutting systems prior to its departure from the water jet industry in early 2009. Calypso products include waterjet cutting machines, abrasive removal, closed loop water, and automatic height sensing systems; nesting software; plastic water jet cutting bricks; bulk abrasive feeder tanks; and replacement parts for waterjet intensifier pumps, cutting heads, and waterjet tables.
Jet Edge President Jude Lague said he plans to reintroduce many of Calypso's products under Calypso's brand names.
"Calypso waterjets provide an excellent entry-level waterjet solution for price-conscious buyers," Lague noted. "Through our acquisition of Calypso, we will be able to make precision waterjet cutting capabilities available to a much broader range of customers in the growing entry-level market."
For information about Jet Edge, visit www.jetedge.com or call 1-800-JET-EDGE (538-3343). For information about Calypso, visit www.calypsowaterjets.com or call 1-800-JET-EDGE (538-3343).
About Jet Edge Established in 1984, Jet Edge is a global designer and manufacturer of waterjet systems for precision cutting, surface preparation and coating removal. Jet Edge systems are used around the world in a broad range of industries, from the world's leading airlines to automotive, aerospace, industrial manufacturers, machine and job shops. Jet Edge waterjet systems are proudly made in the U.S.A. For information about Jet Edge, visit www.jetedge.com, e-mail email@example.com or call 1-800-JET-EDGE (538-3343).
Jet Edge, Inc. 12070 43rd Street N.E., St. Michael, MN 55376-8427 U.S.A. www.jetedge.com 800-JET-EDGE firstname.lastname@example.org
CONTACT: Nancy Lauseng Marketing Manager 763-497-8726 email@example.com