Gems Sensors announces acquisition of Pressure Devices, Inc.

PLMA-PR Plainville, CT, February 18, 2003…Connecticut-based fluid sensor manufacturer, Gems™ Sensors Inc., announced today the acquisition of Pressure Devices, Inc. (PDI), West Union, S.C., manufacturer and distributor of a wide selection of industrial pressure switches.

“This acquisition is an important step in our ongoing effort to expand our product portfolio, which, in turn, strengthens our strategic partner status with key OEM customers,” said Steve Breitzka, President, Gems Sensors. “Our number one priority over the next few months is to apply Danaher Business System tools to improve on-time delivery and shorten lead times to better serve PDI’s customers. We are very excited about the growth potential of this product line.”

A leader in the fluid sensor industry, Gems Sensors, a Danaher Corporation business, designs, manufactures and markets the industry’s largest selection of liquid level, flow and pressure switches and controls available from one source. Gems is a preferred supplier to thousands of companies because of its innovative approach to sensor design, applications and problem solving directed toward meeting customer-specific needs. For product information contact Gems Sensors Inc., One Cowles Road, Plainville, CT 06062. Phone: 800-387-1600 or 860-747-3000. Or visit us online at www.gemssensors.com.

Pressure Devices, Inc., in its fourth decade of operation, offers a wide selection of pressure switches for low, high and differential pressure and vacuum applications serving the Medical, Automotive, Agricultural, Mobile and Industrial markets.