STI Announces Major Expansion of Distribution Channel for Machine Safety Products and Services Throughout North America
22 Marzo 2006 - 11:00PM
Business Wire
Scientific Technologies, Inc. ("STI") (NASDAQ:STIZ), the leading
North American provider of automation safeguarding solutions, has
entered into a new distribution agreement with Motion Industries.
One of North America's leading distributors of industrial
maintenance, repair and operation (MRO) replacement parts, Motion
Industries has been authorized to represent STI's complete family
of machine safety products, machine guarding evaluation,
safeguarding and press control integration services throughout the
United States and Canada. The addition of Motion Industries will
nearly double the number of North American distributor locations
selling STI's automation safety products to customers in various
industries such as automotive, food processing, chemical, wood and
lumber, pulp and paper, steel, oil and gas. "We are delighted to be
affiliated with one of the premier industrial automation
distributors in North America," said James A. Lazzara, Senior Vice
President of Sales for STI. "Motion Industries has a skilled sales
force and excellent customer relationships. Their proven ability to
penetrate the end user marketplace, coupled with our comprehensive
line of automation safety products and safety integration services
and our commitment to making people safe and productive, should
prove to be a win-win relationship, particularly helping STI reach
the MRO end-user business." About STI Scientific Technologies, Inc.
(STI) is a North American leading provider of automation
safeguarding products and services through its Safety Products
Group. STI's Optical Sensor Division (OSD) provides safety products
that are used to protect workers around machinery, automated
equipment and industrial robots. Our products serve a wide variety
of applications and markets, including semiconductor, automotive,
electronics manufacturing, packaging and consumer markets. STI's
Machine Services Division (MSD) provides safety services such as:
safeguarding equipment installations, machine safety assessments,
and the design and custom fabrication of guarding solutions. MSD
specializes in machinery services including the repair, relocation,
installation and service of fabricating machinery. MSD serves
customers in a variety of industries, including metal fabrication,
aerospace, electronics, building materials, automotive and food
processing. Forward-Looking Statements Certain statements in this
press release, including statements regarding market penetration
and product distribution and sales, are forward-looking statements
that are subject to risks and uncertainties. These risks and
uncertainties, which could cause STI's results to differ materially
from the forward-looking statements, include general economic
conditions; declining market demand; alternative products in our
markets; potential problems with our products; changes in
regulations relating to our products; and the other risks detailed
from time to time in STI's Securities and Exchange Commission
filings and reports, including STI's annual report filed on Form
10-K and quarterly reports filed on Form 10-Q. For more information
contact Scientific Technologies, Inc., 6550 Dumbarton Circle,
Fremont, CA 94555; 1-800-479-3658; 510-608-3400; fax: 510-744-1442;
sales@sti.com; www.sti.com.
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