ULTRAVOLT(r) PURCHASES HIGH VOLTAGE SYSTEM INTEGRATION COMPANY
(Business News, 03 Oct 2007 )
UltraVolt, Inc., the world-leading manufacturer of standard-product high-voltage DC-DC converters, today announced it completed intensive growth financing, which included the purchase of a high-voltage system integration company, and is now poised to ensure significant future growth. To further its goal of "Making High Voltage Easier", UltraVolt, Inc. has acquired Galluppi Associates, Inc., one of the world's leaders in high-voltage system integration. Over its 20-year history, Galluppi Associates has introduced systems and solutions for various military COTS programs, semiconductor equipment tools, industrial equipment, medical devices, and biotechnology systems. Galluppi Associates' experience in high-precision, ultra-low-noise high-voltage systems extends into various applications and industries including devices using e-beam, i-beam, and X-ray technologies. Synergies in the combined operations will accelerate the development of standardized system products and product lines based on UltraVolt high-voltage standard product modules. UltraVolt will continue to use its time-proven business model to meet more customers' needs by providing an even greater range of advanced products and high voltage solutions. "Acquiring Galluppi Associates was the right move at the right time for UltraVolt and its customers," said James Morrison, UltraVolt's co-founder and Chief Executive Officer. "With this added expertise, we will be able to offer both high-voltage modules and systems, introduce new products, and expand current product lines to reach many more customers." About UltraVolt, Inc.
