ISSYS and Endress+Hauser Form Partnership to Develop Advanced MEMS-Based Fluidic Products
YPSILANTI, MI--June 16, 2009 - On June 5th, Integrated Sensing Systems, Inc. (ISSYS) in Ann Arbor, Michigan and Endress+Hauser Flowtec AG in Switzerland announced that they have entered into a strategic partnership. The objective of this partnership is to collaboratively develop and commercialize advanced sensing fluidic products based on ISSYS' cutting-edge MEMS (Micro-Electro-Mechanical-Systems) technology.
The partnership is comprehensive and will maximize the strengths of the two companies. Targeted markets include both the traditional industrial process industries and as well as emerging process and OEM applications that demand novel, high performance measurement capabilities.
In attendance from Endress+Hauser were Mr. Klaus Endress, the CEO of the Endress+Hauser Group, Dr. Gerhard Jost, the Managing Director of Endress+Hauser Flowtec and Mr. Joerg Herwig, a Director at Endress+Hauser Flowtec. Also attending and speaking at the event were Michigan State Senator Elizabeth Brater, State Representative Alma Wheeler-Smith and the Vice President of the Michigan Economic Development Corporation Ned Stabler.
Dr. Nader Najafi, ISSYS CEO, stated that "There is a great synergy among ISSYS' highly-enabling MEMS sensing technology and Endress+Hauser's expertise in manufacturing and international sales and marketing. Such a strategic partnership will expedite the introduction of novel products with unprecedented performance within broader emerging markets. We appreciate the minority share that Endress+Hauser has acquired in ISSYS and look forward to working together."
"This collaboration with ISSYS fits very well with Endress+Hauser's strategy, and our company's long history of continuously adapting our offering to meet our customers' requirements," said Mr. Klaus Endress.
"Our technology partnership will allow us to broaden our product offering and market presence by bringing disruptive innovation to the forefront, enabling our customers to address unmet measurement needs," said Dr. Gerhard Jost.
About Integrated Sensing Systems Inc. (ISSYS)
ISSYS is a leader in advanced MEMS technologies for medical devices, microfluidic and scientific analytical sensing applications. Founded in 1995, ISSYS is one of the oldest independent MEMS companies in the US. ISSYS operates a "full manufacturing under one roof," multi-million-dollar, state-of-the-art MEMS fabrication facility located near Ann Arbor, Michigan. An ISO 9001:2000 certified and ISO 13485:2003 qualified organization, ISSYS is a vertically integrated company dedicated to developing and manufacturing system-level products based on MEMS technology (MEMS Inside).
For further information, please visit www.mems-issys.com.
About Endress+Hauser Flowtec AG
Established in 1977, Endress+Hauser Flowtec AG is a global leader in the provision of flow measuring technology for industrial process engineering. Based in Reinach (Switzerland), With over 8,400 employees worldwide, the Endress+Hauser Group generates annual net sales of more than1.1 billion euros. Endress+Hauser provides sensors, instruments, systems and services for level, flow, pressure and temperature measurement as well as liquid analysis and data acquisition. The company supports customers with solutions and services in automation engineering, logistics and information technology. Our products set standards in quality and technology. Customers are primarily from the chemical/petrochemical, food & beverage, water/wastewater, life science, oil & gas, energy, primaries, pulp & paper and shipbuilding industries. Endress+Hauser supports its customers to optimize their process engineering procedures while taking into consideration reliability, safety, economic efficiency and environmental protection.
For further information, please visit www.endress.com
