Emerson Acquires Net Safety Monitoring, Inc.
Acquisition expands depth of Emerson Process Management's safety and security offerings
ST. LOUIS (July 5, 2011) - Emerson Process Management, a business of Emerson (NYSE: EMR), has acquired Net Safety Monitoring, Inc., a global leader in the design, development and manufacture of fixed toxic and combustible gas detectors, flame detectors, safety systems, and other safety and security products. The acquisition expands Emerson's capabilities to provide comprehensive process controls and safety monitoring for the toughest industrial environments.
For nearly two decades, Calgary-based Net Safety (www.net-safety.com) has built a reputation for developing products engineered for continuous performance in the most extreme conditions, particularly for the oil and gas industry.
"Emerson and Net Safety share a passion for providing products and solutions that help our customers run their operations under strict safety standards" said Ken Biele, president of Emerson Process Management's Analytical Group. "Together we will be able to help not only manage and control processes, but also ensure the safety of our customers' people, facilities and property."
"This is a great move for Net Safety, our employees, and especially our customers," added Net Safety chief operating officer Kevin Algar. "Emerson's technical leadership, global presence, and financial strength will help us expand our offerings and better serve our customers around the world."
Net Safety and its global sales and support offices in Calgary, Houston, Abu Dhabi, Beijing and Singapore will continue operating as a separate business within Emerson Process Management's Analytical Group.
About Emerson Process Management
Emerson Process Management (www.emersonprocess.com), an Emerson business, is a leader in helping businesses automate their production, processing and distribution in the chemical, oil and gas, refining, pulp and paper, power, water and wastewater treatment, mining and metals, food and beverage, life sciences and other industries. The company combines superior products and technology with industry-specific engineering, consulting, project management and maintenance services. Its brands include PlantWeb(TM), Syncade(TM), DeltaV(TM), Fisher®, Micro Motion®, Rosemount®, Daniel(TM), Ovation(TM), and AMS Suite.
About Emerson
Emerson (NYSE: EMR), based in St. Louis, Missouri (USA), is a global leader in bringing technology and engineering together to provide innovative solutions for customers in industrial, commercial, and consumer markets through its network power, process management, industrial automation, climate technologies, and tools and storage businesses. Sales in fiscal 2010 were $21 billion. For more information, visit www.Emerson.com.
Contact:
David Holmes,
Emerson Process Management
1 (512) 418-7536,
David.Holmes@Emerson.com
