PDC to Acquire Wristband Identification Product Lines from Hollister Incorporated
San Fernando, CA (September 13, 2006) – Precision Dynamics Corporation (PDC) and Hollister Incorporated (Libertyville, IL) announced today that they have signed a definitive agreement for PDC to purchase Hollister's Ident-A-Band® and WrisTicket® identification product lines.
The purchase is expected to close later this month. Financial details have not been disclosed. Both companies are privately-held.
About Hollister Incorporated
Hollister Incorporated is an independent, employee-owned global company that develops, manufactures and markets healthcare products, servicing over ninety countries, and is dedicated to helping healthcare professionals deliver better products and services, while making life more rewarding and dignified for those who use Hollister products. The company manufactures products for ostomy care, continence care, wound care and MotherBaby Care, as well as educational support materials. Hollister has been serving healthcare professionals and patients for eighty five years and is committed to improving a patient's quality of life and adding value to healthcare worldwide. For additional information, contact Jerome Saxon at Hollister Incorporated, 2000 Hollister Drive, Libertyville, Illinois 60048 USA, 847-680-1000. Or visit the company's web site at www.hollister.com.
About Precision Dynamics
With 50 years of experience, PDC is a global leader and pacesetter in the development of Auto ID wristband systems for healthcare, patron management, and law enforcement. The company introduced the first patient Bar Code ID Wristband, patented Smart Band® Radio Frequency Identification (RFID) Wristbands, the AgeBand® Electronic Age/ID Verification System, and PDC Smart Kiosk® Cashless RFID System. PDC is committed to 100% quality in service, design, and manufacturing and has ISO-9001: 2000 and ISO-13485: 2003 certification. For more information, call Paula Moggio, Media Relations Specialist, at 818-897-1111 ext. 1330, Precision Dynamics Corporation, 13880 Del Sur Street, San Fernando CA 91340 USA or visit www.pdcorp.com.