Milford, NH and Marlboro, MA - December 15, 2005 - Degree Controls, Inc. (DegreeC), a leading provider of state-of-the-art thermal and airflow technologies for the electronics and telecommunications industries, announced today that it has acquired Integrated Quality Services (IQS) of Marlboro, Massachusetts in an all asset purchase transaction. IQS is a provider of thermal management, regulatory compliance and engineering design services for the electronics industry.
"We're delighted to have IQS become part of the DegreeC team. It's a very well known and respected name in the industry both for thermal management and regulatory compliance." said Jag Sisodia, president and CEO of DegreeC. "This acquisition adds expertise in product engineering, performance testing and regulatory compliance and will help our customers cut their product development time. It demonstrates our commitment to our customers and our markets who view DegreeC as the 'Premier Total Solutions Provider.'"
Charlie Nasser, president of IQS, said, "We are extremely pleased and excited to join the DegreeC family. Having access to greater resources will allow us to grow even faster while continuing to provide customers with the engineering value and superior service that customers have come to expect from IQS."
IQS will become a division of DegreeC and retain its employees and facilities in Marlboro. IQS has built a reputation as a leader in a wide range of engineering management services, including thermal design and modeling, computer-aided engineering and reliability, compliance, safety and thermal testing. IQS is A2LA accredited to ISO-17025 and is a Verizon certified Independent Test Lab for telecommunications products.
Headquartered in Milford, NH and founded in 1996, DegreeC is a private ISO-9001 registered company. Over the past ten years, DegreeC has become a leading provider of thermal and airflow solutions for challenging telecommunications and medical applications. DegreeC is now applying its chassis-level thermal expertise to mission-critical room-level spaces, starting with data centers and clean rooms. In addition to its USA locations, DegreeC has facilities in India, China and Japan and, with the acquisition of IQS, employs approximately 100 people. Additional information on DegreeC can be found at www.degreec.com.