PSI Repair Services to Showcase Its Wide Range of Cost-Saving Solutions for the Machine Tool Industry at IMTS 2012


LIVONIA, Mich.- PSI Repair Services, Inc., a subsidiary of Phillips Service Industries, Inc., will showcase its wide range of cost-saving solutions for the machine tool industry at IMTS 2012.

As a recognized leader in the industrial component repair marketplace, PSI saves machine shops of all sizes up to 70% versus the cost of buying new electronic, hydraulic, robotic and precision mechanical components from the OEM. All repairs come with a free evaluation, performance test and one-year warranty.

PSI offers the most comprehensive engineering services in the industry, featuring state-of-the-art diagnostic equipment that provides powerful failure analysis, which can be used to make more informed maintenance decisions. In many cases, PSI's engineering team can enhance the performance of a faulty OEM component with superior, more efficient technology to further extend the component's life.

For unsalvageable and obsolete components, PSI offers complete remanufacturing services. In addition, PSI offers surplus parts and emergency services for machine shops that need to get their critical systems back up and running again as quickly as possible.

"PSI has over four decades of experience repairing components such as ball screws, servo motors, CNC controls and printed circuit boards," said Mike Fitzpatrick, General Manager of PSI Repair Services. "We fix today's problem and prevent tomorrow's, at a great price, so machine shops can stay productive."

IMTS 2012 takes place September 10-15 at the McCormick Place in Chicago, IL. PSI Repair Services will be exhibiting in booth E-5562.

For more information about IMTS 2012, visit www.imts.com.

For more information about PSI Repair Services, visit www.psi-repair.com. You can also follow PSI Repair Services on Twitter at www.twitter.com/psi_repair, as well as on Facebook at http://www.facebook.com/psirepair.

About PSI Repair Services, Inc. (www.psi-repair.com)

PSI Repair Services is the world's leading independent repair service for electronics, hydraulics, robotics and precision mechanical assemblies. Our repairs save customers up to 70% versus the cost of buying new components from the OEM. All repairs come with a free evaluation, performance test and one-year warranty. We offer the most comprehensive engineering services in the industry, featuring state-of-the-art diagnostic equipment that provides powerful failure analysis, which can be used to make more informed maintenance decisions. In many cases, PSI's engineering team can enhance the performance of a faulty OEM component with superior, more efficient technology to further extend the component's life. For unsalvageable and obsolete components, PSI offers complete remanufacturing services. In addition, PSI offers surplus parts and emergency services for customers who need to get their critical systems back up and running again as quickly as possible.

About Phillips Service Industries, Inc. (www.psi-online.com)

Phillips Service Industries, Inc. (PSI), established in 1967, is a privately held service-disabled, veteran-owned small business (SDVOSB) that oversees a diverse collection of innovative subsidiaries, serving a wide range of industries, including aerospace, defense, automotive, energy, healthcare, security and semiconductor. Our award-winning products and services help reduce costs and maximize efficiency for many Fortune 500 companies around the globe, as well as the U.S. military. We push the bounds of technology on critical programs like Homeland Security, Defense research and space exploration. We're PSI: Always innovating. Everywhere.(TM)

Contact:

Jay Hollingsworth

Public Relations Manager

Phillips Service Industries (PSI)

11900 Mayfield

Livonia, MI 48150-1733

(734) 853-5000

jay.hollingsworth@psi-corp.com

SOURCE Phillips Service Industries, Inc.

Web Site: www.psi-online.com

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