Precision Dynamics Corporation Acquires MFR Europe and Establishes First European Headquarters
San Fernando, CA (November 16, 2004) – Precision Dynamics Corporation (PDC), a global leader in automatic wristband identification, announces the acquisition of its European distributor MFR Europe and its division Visa Band Europe (Brussels, Belgium), now called PDC Europe.
The purchase of MFR signifies PDC’s growth as an international corporation and establishes its first-ever European headquarters. MFR represented PDC for over 12 years by managing a network of European and North African distributors marketing PDC healthcare and patron management ID products.
“The purchase of MFR Europe represents a promising future for PDC as a global corporation,” says Gary Hutchinson , President and CEO of PDC. “We’re proud to inaugurate PDC Europe one year after launching our successful facility in Mexico . Through the hard work and dedication of our employees, partners and distributors, we will continue to expand our Auto ID technologies, advance into new markets, and provide superior quality products and service worldwide.”
“It’s a great pleasure to be an official business unit of PDC,” says Mads Fiig , Managing Director of PDC Europe. “For over a decade, MFR and PDC have worked together to deliver outstanding products and service to the European community. The creation of PDC Europe was the next logical step for extending this partnership.”
Mads Fiig , previous director of MFR, has been appointed Managing Director of PDC Europe. PDC’s Vice President of Sales and Marketing, Nicholas Curtin, will oversee Fiig and the operations of PDC Europe from the company’s Global Headquarters in San Fernando , CA .
About Precision Dynamics
With nearly 50 years of experience, PDC is the global leader and pacesetter in the development of automatic identification wristband systems. The company introduced the first patient Bar Code ID Wristband System in 1984, the Smart Band® Radio Frequency Identification (RFID) Wristband System in 2000, and the AgeBand ™ Electronic Age/ID Verification System in 2004. PDC is committed to 100% quality in service, design, and manufacturing. This is substantiated by their ISO-9001: 2000 and ISO-13485: 2003 certification at their main facility in San Fernando , CA . Plans to establish certification at their new facility in Tijuana , Mexico are underway. For more information, visit www.pdcorp.com