Nikkiso Pumps America Inc. acquires Canned Motor Pump line

It buys assets and rights to the Canned Motor Pump product line from Sundyne Corp., of Arvada, Colo. Financial terms were not disclosed. Effective immediately, these products as well as the entire Nikkiso Non-Seal Pump line will be available from Nikkiso Pumps America through a newly formed Sealless Representative Network...

Oct. 4, 2005

PLUMSTEADVILLE, PA, Oct. 4, 2005 -- Nikkiso Pumps America Inc. announced Sept. 22 its acquisition of the assets and rights to the Canned Motor Pump product line of Sundyne Corp., of Arvada, Colo. Financial terms were not disclosed.

Effective immediately, the Canned Motor Pump products as well as the entire Nikkiso Non-Seal Pump line will be available from Nikkiso Pumps America through a newly formed Sealless Representative Network.

According to Mark Murphy, Nikkiso Pumps America general manager, "This acquisition will for the first time provide direct access to the full breadth of the Nikkiso Non-Seal Pump product line and services to our North and South American customers. We intend to keep in place the existing Canned Motor Pump representative network utilized by Sundyne Corporation to maintain a high level of consistency with those existing customers. Our established successful metering pump sales and service network will remain separate."

Nikkiso Pumps America Inc. (www.nikkisopumpsamerica.com) is a subsidiary of Nikkiso Company Ltd. The company produces a broad range of products and services for numerous industries around the world.

###