Pro-Dex, Inc. Announces Acquisition Of Fineline Molds
IRVINE, Calif., Feb. 4, 2015 /PRNewswire/ -- PRO-DEX, INC. (NasdaqCM: PDEX) today announced that on February 1, 2015 it completed its acquisition of substantially all of the assets of Fineline Molds, a company located in San Dimas, Calif. that manufactures plastic injection molding tools.
"We are excited that Fineline Molds is joining the Pro-Dex family of companies," said Rick Van Kirk, President and CEO of Pro-Dex. "Fineline has an excellent reputation for quality and service and we look forward to continuing that tradition and helping grow the business."
Mr. Van Kirk continued, "This transaction is part of our plan to grow the Pro-Dex business and return to profitability as quickly as possible."
About Pro-Dex, Inc.:
Pro-Dex, Inc., with operations in California, Michigan and Oregon, specializes in the design, development and manufacture of powered rotary drive surgical and dental instruments used primarily in the orthopedic, spine, maxocranial facial and dental markets. Its OMS division designs and manufactures embedded motion control systems serving the medical, factory automation, semi-conductor and scientific research markets. Pro-Dex's products are found in hospitals, dental offices, medical engineering labs, scientific research facilities and high tech manufacturing operations around the world.
Pro-Dex also provides quality and regulatory consulting services, as well as engineering consulting and placement services through its Engineering Services Division. For more information, visit the Company's website at www.pro-dex.com.
Statements herein concerning the Company's plans, growth and strategies may include 'forward-looking statements' within the context of the federal securities laws. Statements regarding the Company's future events, developments and future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future, are forward-looking statements within the meaning of these laws. The Company's actual results may differ materially from those suggested as a result of various factors. Interested parties should refer to the disclosure concerning the operational and business concerns of the Company set forth in the Company's filings with the Securities and Exchange Commission.
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SOURCE Pro-Dex, Inc.
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