Albuquerque, NM - June 12, 2006 - National Technical Systems, Inc. (NASDAQ: NTSC) (NTS), a leading provider of engineering services, announced today the acquisition of B & B Technologies, Inc. (BBT), a systems integration firm headquartered in Albuquerque, New Mexico.
BBT designs and integrates test, measurement, automation, data acquisition and control systems utilizing diverse hardware platforms, operating systems, and instrumentation standards. BBT handles projects ranging from LabVIEW instrument drivers to full-blown automated turnkey systems. Over the past 14 years B & B Technologies has developed valuable long term relationships with key defense, aerospace and commercial companies, including Sandia National Labs, Honeywell, General Dynamics, L-3 Communications and ATK to name a few.
"The acquisition of B & B Technologies provides extensive additional capabilities to enhance the services offered by our other laboratories across the country," stated William McGinnis, President and CEO of NTS.
NTS Director of Corporate Development, Derek Coppinger stated, "This acquisition is part of our growth strategy to provide a wider breadth of engineering services to our clients. We are focused on becoming the single solution for engineering services for our customers and this additional capability moves us in that direction."
"Lance Butler, CEO of B & B Technologies stated, "We are very excited to join the NTS organization. Our services are very complementary and there are many opportunities for us to work together with each others customers and services."
National Technical Systems, Inc. is a leading provider of engineering services to the defense, aerospace, telecommunications, automotive and high technology markets. Through a world-wide network of resources, NTS provides full product life-cycle support, offering world class design engineering, compliance testing and certification, quality registration systems evaluation and program management. For additional information about NTS, visit our website at www.ntscorp.com or call 800-270-2516.