FEINFOCUS acquired by COMET AG

April 21, 2004
APRIL 21--Feinfocus (Stamford, CT; www.feinfocus.com), a supplier of microfocus x-ray inspection systems and tube technology, has agreed to be acquired by COMET AG of Switzerland, a supplier of conventional x-ray tubes for nondestructive testing, security, analytics, food inspection/irradiation, and semiconductor applications.

APRIL 21--Feinfocus (Stamford, CT; www.feinfocus.com), a supplier of microfocus x-ray inspection systems and tube technology, has agreed to be acquired by COMET AG of Switzerland, a supplier of conventional x-ray tubes for nondestructive testing (NDT), security, analytics, food inspection/irradiation, and semiconductor applications. FEINFOCUS is a pioneer of microfocus and nanofocus x-ray inspection for electronics assembly, semiconductor, and medical-device industries, as well as NDT and the emerging microelectromechanical-systems markets.

This acquisition represents a powerful partnering of industry leaders in microfocus x-ray technology and conventional x-ray technology. As a world leader in sealed x-ray-tube manufacturing, COMET will be acquiring a world leader for demountable, or "open" x-ray tube technology to further enhance its x-ray technology portofolio.

In making the announcement this week, FEINFOCUS CEO Lance A. Scott remarked on the synergy of the two firms in forging a strong, lasting partnership in x-ray technology. "With well over 50 years' experience in high-voltage/high-vacuum x-ray-tube manufacturing, COMET's proprietary know-how will accelerate FEINFOCUS' development of next-generation microfocus and nanofocus X-ray technology," said Scott.

Organizationally, there is little duplication between the two companies. FEINFOCUS will immediately expand its presence in Asia through COMET's Shanghai office, and COMET will take immediate advantage of FEINFOCUS' strong North American presence in Connecticut and California.

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