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YSI & SonTek Announce Acquisition of
San Diego-Based SonTek by YSI to Complement its Environmental Business
Yellow Springs, Ohio & San Diego, California,
July 9, 2001 – YSI Incorporated of Yellow Springs, Ohio and SonTek,
Inc. of San Diego, California, announced today that YSI acquired the assets
of SonTek and formed a new company that will operate as a wholly-owned
subsidiary of YSI Incorporated. SonTek/YSI will complement the existing
YSI water testing and monitoring product line.
SonTek/YSI, founded in 1992 with the goal of producing high-quality Doppler
current meters, will be part of YSI Environmental, headed by Gayle Rominger,
Sr. Vice President and General Manager. YSI Environmental has a worldwide
reputation as a leader in the measurement and monitoring of water quality
parameters, particularly dissolved oxygen which is necessary for the survival
of plant and animal life in water. SonTek
is considered a world leader for water velocity measurement.
"With this acquisition we now have a powerful and strategic combination
of capabilities in both water quality and water quantity," says
Malte vonMatthiessen, YSI Chairperson and CEO. "Both our companies have
achieved significant prominence in our respective marketplaces; we have
combined the two fastest growing companies in the water quality and water
velocity markets." He adds that, "The natural resources market presents
a worldwide opportunity, and YSI and SonTek, together, have the ability
to revolutionize this global market."
According to SonTek CEO Ramon Cabrera, "Not only can YSI and SonTek collaborate
in the area of sales and distribution, but there are exciting opportunities
for joint product research and development." vonMatthiessen expresses
his delight at Cabrera's willingness to stay on with SonTek and states
that "Ramon is vital to the continued success of this business, and we
are fortunate that he has agreed to continue to lend his technical and
market expertise—as well as his vision—to this newly-formed
enterprise."
Ms. Rominger comments that, "The SonTek engineering team has a lot of
cumulative experience working with Doppler current meter technology and
the scientific personnel have backgrounds in fields including oceanography,
coastal engineering, hydrology, and hydraulics." When asked why
this is important, she states, "The ability to measure both the quality
and flow rates of water is critical to measurements such as TMDL [referring
to Total Maximum Daily Loading of nutrients]. It is necessary to know
the flow rate of a body of water in order to determine the nutrient loading."
SonTek manufactures affordable, reliable acoustic Doppler current profilers,
velocimeters, Doppler velocity logs, and integrated systems for use in
oceans, rivers, lakes, harbors, estuaries, and laboratories (see www.SonTek.com).
YSI Environmental, a wholly-owned subsidiary of YSI Incorporated, manufactures
a full line of both handheld and benchtop instruments for measuring water
quality. It also manufactures data acquisition and multiparameter, real-time
monitoring systems for environmental applications (see www.YSI.com).
YSI Incorporated is an international company with world headquarters based
in Ohio. The employee-owned company manufactures and markets sensor technologies
dedicated to ecological sustainability. Its three strategic business units
include YSI Environmental, YSI Precision Temperature, and YSI Life Sciences.
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