CVI Completes Acquisition of Melles Griot


Albuquerque, NM, July 25, 2007 - CVI, the optical and laser technology company based here, announced today that it has completed the acquisition of Melles Griot from Barloworld Scientific Ltd.

Stuart Schoenmann, CEO of CVI states, "We are extremely excited about the opportunities this acquisition creates for our customers, employees and shareholders. We will organize the company around our two fundamental business units: Lasers and Optics & Photonic Products. We look forward to bringing to market new products and services based on the synergistic capabilities of the two companies combined."

CVI and Melles Griot will operate under a unified management team and do business as CVI Melles Griot, capitalizing on the brand recognition of two industry leaders. With worldwide manufacturing and distribution in Asia, Europe, and North America, the new company is uniquely positioned to take a leadership position, supplying lasers, optical components, and opto-mechanical assemblies.

This acquisition enables CVI Melles Griot to bring design, manufacturing, assembly, and testing of photonic products and optical systems together under one roof. Vertical integration of these capabilities improves quality, performance, and service to CVI Melles Griot customers. Additionally, adding the Melles Griot laser products to the CVI portfolio enables the company to supply highly integrated optical systems and sub-systems to its customers through a strong manufacturing platform.

About CVI

Melles Griot Serving semiconductor, biotech, industrial, commercial, aerospace and research industries, CVI Melles Griot is a leading global supplier of photonics products including optical components and systems, lasers, motion-control systems, laser measurement instrumentation and opto-mechanical hardware. Headquartered in Albuquerque, New Mexico, CVI Melles Griot operates manufacturing facilities in New Mexico, California, Colorado, New York, the British Isles, Japan, and South Korea with sales representatives and distributors located worldwide. CVI has been a portfolio company of Norwest Equity Partners, a leading private equity firm, since May 2003.

Contact: Lynore M Abbott
(505) 296-9541
labbott@cvimellesgriot.com
www.cvimellesgriot.com

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