Contec To Be Acquired By Contec

Contec provides embedded systems to leading manufacturers of medical devices, industrial automation and defense applications. Contec is a leading provider of industrial control technology, testing, and communication electronics.

Randall E. Poliner, Chairman of Contec, stated, “Contec’s global footprint for service and support will be a huge advantage for the existing client base which is already world-wide in operation. The Contec product and technology roadmap is also greatly enhanced by bringing Contec’s expanded hardware and software engineering capabilities to our clients. This partnership began through our efforts to deliver higher value solutions into an increasingly global market. Being part of the same company to seamlessly deliver on our promises is a natural evolution.”

Contec is headquartered in Melbourne, Florida, employs 72 people in the Melbourne area, and has sales offices in California, Wisconsin and New Jersey. The Company has excelled in designing, manufacturing, maintaining and providing long-life logistics support for high reliability systems that are embedded into sensitive and regulated environments such as medical devices. Contec has experienced consistent profitability and growth since it was founded. The Company anticipates continuing expansion of the Melbourne workforce and facilities as it becomes part of the Contec organization and can provide another level of unique solutions to the customer base.

Contec was formed by Art Schmitt, Gene Garofalo and Dan Butler through a management buyout supported by Antares Capital, a Florida-based venture fund. The Company quickly met a need to design, manufacture and then manage stable solutions that resisted the constant changes in the commercial marketplace yet allowed for the economic benefits of building systems from commercial off-the-shelf parts. In 2004, Contec implemented a proprietary Automated Manufacturing Execution System, which provides some of the most sophisticated product control, traceability and testing available in support of the customers’ regulatory and supply chain requirements.

Eijiro Urushizaki, President and CEO of Contec, commented, “We have had two strategic goals for Contec. One, to increase our U.S. market sales in a meaningful way and, two, to gain a significant presence in the medical market. Acquiring Contec is important to us in developing both objectives. Contec also gives us an enhanced opportunity in our traditional businesses in industrial automation and other embedded products. We would not have committed to this acquisition without a sincere belief that the management and staff of Contec are among the best we’ve seen and look forward to supporting them further in their plans for continued and rapid growth.”

About Contec Americas Inc.

Contec Americas is a global technology design, manufacturing, and integration company with an extensive portfolio of solutions ranging from tier 1 computers to fully custom computing platforms, displays, and All-in Ones (AIO). Contec provides additional value to its customers through product design & innovation, life cycle management, logistics and post-production support. Our products and services are sold around the world to customers in many segments including industrial automation, IoT/M2M, medical and diagnostics, transportation, military simulation, and gaming. Contec Americas is a proud member of the Contec Co., Ltd. Group companies, founded on innovations in industrial computing and PC based technology since 1975.