Major Industrial Computer Company Acquires System Integrator

Axiomtek USA expands North American operations with acquisition of Suntrons ECS business unit

Axiomtek, a global provider of industrial computers, today announced that its North American subsidiary, Axiomtek USA, has signed a definitive agreement to acquire the Methuen, MA based Embedded Computing Solutions (ECS) business unit of Suntron Corporation. ECS is widely recognized as a premier provider of modified Commercial-Off-The-Shelf (COTS) based end-to-end outsourcing services from embedded designs to systems integration including extended life cycle management.

Axiomtek, with over 700 employees worldwide and operations in five countries, has further committed itself to the embedded systems marketplace with the acquisition of ECS. The ECS operations will be renamed Axiomtek Systems and will remain in its current ISO9001 certified Methuen, MA facility.

“Attempting to be a standard product company in a world that is demanding non-standard solutions can present a tremendous challenge to any manufacturer”, stated YT Yang, CEO and President of Axiomtek. “With the added experience and skill set of ECS, we are now poised to provide our customers with a portfolio of robust industrial computing products along with outsourcing services anchored by operational excellence. It is a perfect match”.

ECS hit the scene in the early nineties by providing some of the industry’s first integration services specifically targeted at the OEM designing complex products based around COTS building blocks. Since then, they have developed into a full fledge value-added integrator with a suite of uncompromising services.

“Over the recent years, the industrial computer industry has done a nice job producing standards based systems for the embedded developer,” stated Dave Starrett, VP of Sales for Axiomtek USA. “However, the final piece to the ultimate solution is being able to offer the intangible services that truly enable the customer to focus on their core competency. Now we have it.”

“Our ECS team is passionate about exceeding the customer’s expectation when it comes to the breadth of our outsourcing services”, stated Kevin Tiner, Director of Operations at ECS. “Axiomtek has been a supplier to ECS for over ten years. We know their products, their capabilities, and their people. We look forward to taking advantage of the synergy that this partnership has created.”

Lincoln International represented Suntron Corporation in the sale of the ECS business unit.

About Axiomtek:
Axiomtek was founded in 1990 in Taipei, Taiwan. It has since extended its global footprint through subsidiary operations in the United Stated, Germany, and China. Today, Axiomtek has one of the broadest product portfolios in the industry, concentrating on designs that withstand challenging environmental conditions. Its product attributes include fanless and wide temperature operation, small form factor, and a five to seven year product life cycle. The company is a member of Intel’s ISA partner program. It also is a technology partner with several other major silicon suppliers including AMD. Axiomtek is traded on the Taiwan Securities Market (3088;AXIOMTEK) . Axiomtek USA was established in 1992 and is a wholly owned subsidiary of Axiomtek. To learn more please visit us at www.axiomtek.com.

About Suntron Corporation:
The ECS business was created over twenty years ago by pioneers who recognized the need to supplement COTS products with services targeted at OEMs in mission critical 24 x 7 industries. The business excels in system design, OS builds, I/O implementation, turnkey systems integration, supply chain logistics, and life cycle management. For more information about Suntron’s ECS business unit, visit www.suntroncorp.com/embedded-computing-solutions.html.

ECS’s parent, Suntron Corporation, delivers electronic manufacturing services to support complex products within the Aerospace, Defense, Industrial, Medical, Network & Telecommunications, and Semiconductor Capital Equipment market segments. Suntron's capabilities include printed circuit board manufacturing and large scale assemblies. Suntron's customers enjoy the benefits of leveraging the company’s competitive strengths to improve their time to market, enhance their manufacturing flexibility, reduce inventory liability, remove redundant and non-value added processes as well as simplify their supply chain. To learn more please visit www.suntroncorp.com.

About Lincoln International:
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With thirteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com.

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