October 20, 2008
Semrock is Acquired by IDEX Corporation
Rochester, New York – Semrock announced today that it has been acquired
by IDEX Corporation (NYSE: IEX) of Northbrook, Illinois. Semrock is the leading provider of
optical filters for biotech and analytical instrumentation in the life sciences markets. Semrock
produces hard-coated optical filters using the state-of-the-art Ion Beam Sputtering (IBS) process,
thereby offering significant improvements in the performance and reliability of their customers'
instruments. IDEX is a global fluidics leader serving high growth specialized markets, including
health and science technologies.
Headquartered in Rochester, New York, Semrock will operate as a stand-alone business within
IDEX's Health & Science Technologies segment, and will continue to offer its customers the
exceptional performance, reliability and rapid delivery of quality optical filters, for which it is
Semrock's President, Victor Mizrahi, stated, "We are excited to become part of IDEX and its
Health & Sciences Technologies segment. IDEX is a recognized leader within the health and
science market and is well known for its broad fluidic platform and significant solution capabilities.
We look forward to developing the resulting customer synergies."
Commenting on the acquisition, IDEX Chairman and Chief Executive Officer Larry Kingsley
stated, "We are extremely pleased with Semrock's decision to become part of IDEX. Semrock is
well known for their quality optical filters for biotech and analytical instrumentation in life sciences.
Their expertise in this market enables the continued expansion of our core capabilities in
integrated fluidic applications. The acquisition of Semrock extends our offerings to existing OEMs
and provides us with significant access to new opportunities within the health and life sciences
IDEX Corporation is an applied solutions company specializing in fluid and metering technologies,
health and science technologies, dispensing equipment, and fire, safety and other diversified
products built to its customers' exacting specifications. Its products are sold in niche markets to a
wide range of industries throughout the world. IDEX shares are traded on the New York Stock
Exchange and Chicago Stock Exchange under the symbol "IEX".
Semrock manufactures quality optical filters that set the standard in performance and reliability for
the biotech and analytical instrumentation markets. All Semrock optical filters are made with hard
Ion Beam Sputtered optical coatings. OEM filters are manufactured in volume. End-users benefit
from a wide selection of standard catalog products that ship from stock. Semrock's patented and
patent-pending products include the highly acclaimed BrightLine® series of fluorescence filters for
research and clinical microscopy, high-throughput screening, real-time PCR, and other
fluorescence-based instrumentation; state-of-the-art filters for Raman spectroscopy; and other
unique laser analytical instrumentation filters. Semrock's innovative products, made possible by
combining modern ion-beam sputtering with Semrock's proprietary volume manufacturing
technology, are covered under an industry-leading five-year warranty.
For further information on Semrock, visit the company's web site at www.semrock.com.
For further information on IDEX Corporation and its business units, visit the company's web site
TRADED: NYSE (IEX)
Vice President – Corporate Finance