|
Announcements
July
7, 2008
For immediate release.
XENEMETRIX
LTD ACQUIRES ANALYTICAL DIVISION OF JORDAN VALLEY SEMICONDUCTORS
LIMITED.
On
the 15th of June 2008, Jordan Valley Semiconductors Ltd,
divested their Analytical Division which was then purchased
by Xenemetrix Ltd., formed by a private management group
under the direction of CEO, Doron Reinis, a founding partner
of Business Processes Limited,
Isaac Mazor CEO of Jordan Valley Semiconductors has announced, “As
Jordan Valley Semiconductors Ltd focuses on the semiconductor
markets, one of our main priorities was the continued care
of the customers of our Analytical business, and the qualifications
of the new management team. We believe the customers of Xenemetrix
will benefit from the focus and experience Doron and his
team bring to the business as well as the ongoing support
from the experienced core workforce that has formed the engine
of the analytical business."
The new company will be based in Haifa, Israel with its main
Sales Office in Austin, Texas. Xenemetrix will continue to
manufacture, distribute, sell, service and support the original
Jordan Valley AR EDXRF product lines as well as new products
currently under development which will be coming to market
in the near future.
Customers will continue to enjoy seamless ongoing support
for their existing products and warranties as well as being
able to look forward to new cutting edge technology from
Xenemetrix Ltd.
The injection
of investment and new direction from the experienced management
group will establish Xenemetrix as a leading innovator
in the materials analysis technology sector. The Company
will build on the entrenched reputation of its legacy products
and technical expertise of its original R&D and product
development team to position itself as a quality provider
of solutions in the competitive analytical instrumentation
market. The mission of Xenemetrix is to become a trusted
brand name and recognized innovator of effective and convenient
technologies designed to provide reliable, real time data
for research and development, process control and product
quality assurance professionals in many different market
segments.
For further information contact, Laura Oelofse, VP - Sales
and Marketing, Xenemetrix Ltd.
8601 Cross Park Drive, Suite 200, Austin TX. 512-973-9229
x 4216.
Laura@xenemetrix.com
Xenemetrix
releases two new liquid nitrogen free benchtop spectrometers
capable of delivering performance capabilities similar to
traditional liquid nitrogen cooled detectors. We are proud
to add to our line of EDXRF spectrometers the EX-Cite and
the EX-Calibur.
|