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Pin to quick picksRestore Regulatory News (RST)

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Share Price: 267.00
Bid: 264.00
Ask: 270.00
Change: 2.00 (0.75%)
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Open: 266.00
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Acquisition

3 Mar 2006 08:54

Radstone Technology PLC03 March 2006 For Immediate Release 03 March 2006 Radstone Technology plc Acquisition Radstone Technology PLC, the world's leading independent supplier ofhigh-performance, embedded computer products for defence and aerospaceapplications announced today that it has completed the acquisition, through itstest and measurement subsidiary DaqScribe Technology, of the assets of SonoranMicrosystems, Inc. of Tucson, Arizona for a consideration of $630K. Sonoran'sPresident, Robert Kropp, has joined DaqScribe Technology. "Following on from the successful acquisition last year of Savvy Corp, theaddition of Sonoran will further enhance Daqscribe's product portfolio"commented Chief Executive, Jeff Perrin. Sonoran designs and develops advanced and specialty custom signal conditioningproducts used in mechanical test and measurement applications primarily forAerospace & Defence customers. The combination of Sonoran's front end highperformance signal conditioning modules with DaqScribe's existing line of highspeed data acquisition hardware and software will enable DaqScribe to offer turnkey solutions for requirements in transient, dynamic and static testapplications. DaqScribe Technology, Inc. provides a full spectrum of Data Acquisition productsfor the Mechanical Test and Measurement applications for the military, aerospaceand automotive markets. It offers a total system solution including signalconditioners, data acquisition components; software, system integration, testplanning and test management. More information is available at www.daqscribe.com andwww.sonoranmicrosystems.com . For further information contact: Radstone Technology PLCJeff Perrin, Chief ExecutiveKevin Boyd, Group Finance DirectorE-mail: jeff.perrin@radstone.co.uk; kevin.boyd@radstone.co.uk Buchanan CommunicationsTim Thompson / Nicola Cronk Ph: 0207 466 5000E-mail: nicolac@buchanan.uk.com This information is provided by RNS The company news service from the London Stock Exchange
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