Press Release For Immediate Release
06 March 2002
BURLINGTON, VT -- Mr. Briar Alpert, President of Lionheart Technologies, announced today the sale of the company's Biomedical division to Fluke Corporation. The Lionheart Biomedical division is comprised of three organizations: DNI Nevada located in Carson City, NV, Dale Technologies in Westport, NY, and the Biomedical division of Bio-Tek Instruments in Winooski, VT.
Lionheart will retain its core business, Bio-Tek Instruments. "This strategic decision will allow for increased focus and investment in Bio-Tek Instruments Laboratory business," Alpert said. Bio-Tek's Laboratory division is a leading developer and supplier of high-performance microplate instrumentation and software for the pharmaceutical and biotechnology marketplace.
DNI Nevada, Dale, and Bio-Tek's Biomedical division is the market leader in the development and manufacture of test equipment and software used within hospitals, with third-party maintenance organizations, the military and in all facets of medical product manufacturing and sales. These biomedical products include defibrillator analyzers, electrical safety analyzers, Patient simulators and quality assurance data management software. The products are marketed and sold throughout the world. Fluke will retain the current sales channel.
"The Bio-Tek Instruments product line offers us a great opportunity for expanding our presence in the health care market," noted Jim Lico, president of Fluke. "Biomedical technicians are already using Fluke products and this acquisition will allow us to expand our offerings to them."
Eric Perron, former President of Bio-Tek Europe, will head up this new, as yet unnamed Fluke division.
"We want to assure Bio-Tek Instrument customers that this change in ownership will not impact them in terms of product warranty and service," said Lico. "We are committed to providing the same high level of customer care they've come to expect."
Fluke Corporation, a wholly owned subsidiary of Danaher Corporation (NYSE: DHR), is a world leader in the development and manufacture of compact, professional electronic test tools. Fluke products are used by technicians and engineers in service, installation, maintenance, manufacturing test and quality functions in a variety of industries throughout the world. Founded in 1948, Fluke has more than 2,400 employees worldwide and distributes its products in over 100 countries. The company's international headquarters are in Everett, WA, USA, with European sales and service headquarters located in Eindhoven, The Netherlands.
2000 Arrowhead Drive
Carson City, Nevada 89706
Tel: (775)
883-3400
Fax: (775) 883-9541
Email: sales@dninevada.com
www.lionhearttech.com
The above information was provided by:
Larry Wilson,
APR
Public Relations Manager
Fluke Corporation
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© 2002
Baltimore Medical Engineers and Technicians Society