Thermco Acquires ProTemp’s Chinese Subsidiary

Washington, West Sussex, United Kingdom, 30th April 2015:  Thermco Systems, a Division of Tetreon Technologies, today announced the acquisition of ProTemp Products, Inc. subsidiary ProTemp (WUXI) Electronic Equipment Co. Ltd located in Wuxi, China. The sale for an undisclosed amount gives Thermco Systems all of ProTemp (WUXI) Ltd.’s assets (including IP), sales and service staff as well as manufacturing rights. Thermco Systems will incorporate ProTemp Products’ range of products and services into the company’s own portfolio in the coming months. Michael Gray, President of ProTemp Products said “We are delighted that our customers in South East Asia will continue to be supported by an established company like Thermco Systems”.

Gerry Thurgood, CEO of Thermco Systems commented “We are excited about working with ProTemp Products and their customer base in Asia. This deal is an important part of consolidating our position in the Chinese semiconductor and PV market”.

 

About Thermco Systems

Headquartered in Washington, West Sussex, United Kingdom Thermco Systems (www.thermcosystems.com) a Division of Tetreon Technologies, is the world’s most trusted brand name in horizontal diffusion furnaces with over 30,000 furnaces sold since the company’s founding in 1962. Thermco designs and manufactures furnace systems, custom wet benches and chemical handling equipment for the semiconductor, MEMS, LED, photovoltaic and nanotechnology industries.

About ProTemp Products

ProTemp Products, Inc. is a privately owned U.S. corporation headquartered in Santa Clara, California (www.protempproducts.com) that has been serving the semiconductor and solar industries since 1973. We take our ability to be flexible seriously as it has proven to be the best way to serve the ever-changing requirements of our industry. Throughout the world, microelectronics and solar cell manufacturers have come to rely on ProTemp Products for state-of-the-art equipment, reliable delivery, total support and competitive pricing. ProTemp is a worldwide supplier for state-of-the-art equipment used in the manufacture of solar cells.

Enclosure:

Photo of Michael Gray, President of ProTemp Products (Left) and Gerry Thurgood, CEO of Thermco Systems (Right) at deal signing.