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Proxtronics
Global Dosimetry Solutions, Inc., Acquires Proxtronics Dosimetry
Irvine, Calif., November 17, 2004 –
Global Dosimetry Solutions, Inc., a leading dosimetry services provider
(analytical determination of exposure to ionizing radiation), has agreed to
acquire the assets of Proxtronics Dosimetry, LLC for an undisclosed amount.
Proxtronics began providing personal radiation monitoring services in 1990
and has
since become one of the most recognized names for quality and value in the
industry.
Proxtronics has a broad customer base in the United States primarily
offering film and TLD
(Thermoluminescent dosimeters) badge services. “In recent years, we have
been approached
by many in the industry, but only Global Dosimetry Solutions has
demonstrated the ability to
meet or exceed the high level of quality and service our customers have come
to expect”,
remarked Guy Davis, President of Proxtronics. “GDS is a great company with
the finest people in the industry, and we are confident that our customers
will be well served” added Davis. Global Dosimetry Solutions is majority owned
by American Capital Strategies, Ltd.
(NASDAQ: ACAS), and has been in the personal radiation monitoring business
for over 30
years. According to Thomas Logan, CEO of Global Dosimetry Solutions, “The
acquisition of
Proxtronics is a great complement to our brand, as we share a common
commitment to quality and to excellence in customer service. As a result, we are
looking forward to serving our new customers and to enhancing the legacy built
by Guy and his team at Proxtronics.”
Global Dosimetry Solutions will take over current customer contracts for all
commercial
dosimetry processing services and Proxtronics customers will be migrated to
GDS badge
(more)
GDS, Inc. Acquires Proxtronics Dosimetry, LLC service over the next several
months. “We recognize the importance of maintaining the integrity of current
customer contracts and service levels and want to assure Proxtronics
customers a seamless transition”, added Logan. “This deal represents a significant
extension of our current customer base and will make a positive contribution
towards our aggressive growth plans for 2005.”
About Global Dosimetry Solutions Global Dosimetry Solutions, based in
Irvine, California, is one of the world's largest providers of radiation dosimetry
services. GDS offers a full range of services for measuring ionizing
radiation primarily through film, thermoluminescent and track etch technologies.
Since early 1970, the company has continually provided state-of-the-art personal
radiation monitoring services to hospitals, medical and dental offices,
university and national laboratories, nuclear power plants and other industries.
GDS provides services to more than 500,000 people globally. Global Dosimetry
Solutions is majority owned by American Capital Strategies, Ltd.
(NASDAQ: ACAS), a $3.5 billion investment fund headquartered in Bethesda,
Maryland.
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