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Dynics, Inc.
4330 Varsity Drive
Ann Arbor, MI 48108
734-677-6100
 
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FOR IMMEDIATE RELEASE



ANN ARBOR TECHNOLOGIES MERGES WITH DYNICS

By
: Marc Drenning

Two Ann Arbor Based Industrial Computer Manufacturers Combine Operations
ANN ARBOR, MI, July 20, 2005 – Ann Arbor Technologies Corporation and Dynics, Inc., both leading manufacturers of industrial computer systems, announce that the two companies have entered into an agreement to merge operations through the purchase of Ann Arbor Technologies’ assets and liabilities by Dynics for an undisclosed sum.

The company will keep the Dynics name with Ed Gatt, owner and president of Dynics, remaining as company president while James Drenning and Rick Barnich, both principles and officers of Ann Arbor Technologies, will both serve on the corporate board and maintain executive positions at Dynics.

Dynics will support and promote the Ann Arbor Technologies and Dynics product lines through the combined existing distribution and representative channel of more than 50 firms. To accommodate the combined companies, operations will be moved to a new 15,000 sq. ft. office and manufacturing facility located at 4330 Varsity Drive, Ann Arbor MI.

“This combination of two similar sized firms gives us an opportunity to not only gain economies of scale from increased size, operational efficiencies and lower production costs, but also position the company for future growth by offering a full product line of flat screen industrial computers, touchscreen monitors and system enclosures to the marketplace through our expanded distribution channel,” states Ed Gatt. “In addition, the merger also allows us to take advantage of increased cash flows that can be used for additional product advertising and promotion along with exploring additional markets outside of industrial automation that require rugged computers.”

James Drenning, president of Ann Arbor Technologies, mentions, “Our two companies are very complementary. Our product-based strategy offsets Dynics’ custom project based business and our joint employee skill sets fill gaps in both organizations. The combined product and resource strength of the two companies paves the way for future growth.”

Mr. Gatt continues, “In the increasingly commodity marketplace of industrial computers, products and solutions are differentiated through the value they offer at a low price. By utilizing a shared inventory and our in-house metal fabrication shop, we are able to lower production costs of existing systems to continue providing competitive pricing. In addition, we also add value by offering customized, turnkey solutions for any application that requires a NEMA rated industrial computer, monitor or enclosure system. “
The transaction is expected to be final by end of the month.

About Dynics, Inc.
Dynics manufactures computer modules, flat panel touch screen monitors, integrated workstations, rackmount computers and offers a single source for turn-key, embedded or standard, operating systems. Dynics offers the most comprehensive, flexible product line with custom integration. Our products are made and supported in the United States and are competitive with any off-shore manufacture. Dynics is dedicated to supporting channel partners with a profitable business alliance that includes award-winning products, excellent service and support, and solid tools to meet specific space, environment, or performance criteria.

About Ann Arbor Technologies
Ann Arbor Technologies manufactures rugged flat panel industrial computers and monitors used primarily for industrial automation applications. Since the company’s founding in 1988, Ann Arbor Technologies has been focused on providing quality industrial hardware solutions for the marketplace by designing, building and servicing their systems in Ann Arbor, MI. By offering operator interface devices that incorporate large LCD TFT displays ranging in size from 12” to 21” and various touchscreen technologies, Ann Arbor Technologies supplies the “latest technology at competitive prices” for factory floor automation.

 

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