Nova Analytics acquires ADS Corp., a subsidiary of Axel Johnson Inc.

Dec. 5, 2005
Nova Analytics Corp. announced last week completion of its acquisition Nov. 23 of ADS Corporation a subsidiary of Axel Johnson Inc. ADS manufactures and distributes flow measurement equipment and software. Collectively, its two divisions, ADS Environmental Services and Accusonic Technologies provide services to customers in over 40 countries and have conducted over 5,000 flow measurement projects in their 30-year history...

WOBURN, MA, Dec. 5, 2005 -- Nova Analytics Corp. announced last week completion of its acquisition Nov. 23 of ADS Corporation a subsidiary of Axel Johnson Inc. ADS manufactures and distributes flow measurement equipment and software. Collectively, its two divisions, ADS Environmental Services and Accusonic Technologies provide services to customers in over 40 countries and have conducted over 5,000 flow measurement projects in their 30-year history.

ADS Environmental Services provides industry-leading innovations in acoustic Doppler technologies, analytical software and real-time, web-hosted reporting for the wastewater collection system industry.

Accusonic Technologies pioneered the development of multiple, parallel path transit time monitors valued for extreme accuracy in the hydroelectric and water transport industries.

Jim Barbookles, chairman and CEO, commented, "ADS is a very exciting opportunity for Nova Analytics Corp. with its proud heritage, leadership and technological strength in the global wastewater collection system industry. We are pleased to have ADS join the Nova family and provide a new platform for growth."

"We believe that the sale of ADS to Nova Analytics will ensure the company a unique platform from which to continue and build upon its tradition of industry leading products and services," commented Axel Johnson Inc. President and Chief Executive Officer, Michael D. Milligan.

Nova Analytics Corp., with headquarters in of Woburn, Mass., is a worldwide supplier of laboratory, field and online instrumentation. With a portfolio of highly recognized brands including WTW, Schott Instruments, Corning® e-chem. and Secomam, Nova is the global leader in the field of electrochemistry.

Axel Johnson Inc., headquartered in Stamford, Conn., owns and operates businesses focused on environmental, energy, and industrial products. For further information about Nova Analytics Corp visit www.novaanalytics.com.

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