Touch International Makes European Acquisition

Touch International Makes European Acquisition

<p>For Information, Contact: Heather McLaren, Touch International Phone: 512.832.8292 x319 Email: [email protected] www.touchinternational.com</p><p>Touch International Makes European Acquisition Austin-based touch technology manufacturer purchases controlling rights to European Touch International franchise</p><p>Austin, TX – March 26, 2004 – Touch International Corporation today announced the acquisition of Touch International UK, formerly an independent franchise of Touch International. With the sale, Touch International acquires all manufacturing and sales capabilities and customer contracts previously controlled by Touch International UK, and creates a single, global Touch International corporation that includes offices and factories in North America, Europe and Asia. </p><p>Through the Touch International UK transaction, Touch International will acquire the factory and headquarters in Wantage, UK. Previously, Touch International UK was a third party source that had franchised under the Touch International brand and sold Touch International technology throughout Europe. With the consolidation of the franchise into the main Touch International corporate body, all contracts and customer service will be immediately assumed by Touch International. Industry veteran Joanne Briley will assume the role as head of the European office. </p><p>Bought to better serve European-based touch product customers, the acquisition of Touch International UK is the next step in the company’s global growth. Developing the industry’s most responsive and solutions-oriented high-quality touch components for OEMs and systems integrators who integrate touch technology into a wide range of touch-based systems for a number of different markets, including industrial automation, kiosk, retail point-of-sale and consumer-based products such as personal digital assistants (PDAs) and mobile phones, Touch International is now able to quickly address European customer needs, and efficiently incorporate new manufacturing processes and technologies developed by the company’s experience engineers and scientists. </p><p>“Experienced engineers, efficiency and reliability has set Touch International apart from other manufacturers. To continue this trend, it made complete sense that we consolidate all of our global operations under one corporate roof. This acquisition will allow us to better serve the strong European market and gives us another competitive edge in the region on our track to being number one in the global touch screen industry,” said Michael Woolstrum, CEO, Touch International. About Touch International Founded by industry veterans, Touch International, Inc. is a privately held, worldwide supplier of high-quality touch screen components. Through its expanded manufacturing facilities, Touch International is able to offer a wide variety and rapid delivery of lower- priced, high-reliability products, based on customer needs and specifications. Touch International is headquartered in Austin, with five factories strategically placed around the globe, and additional sales and support offices on four continents.</p><p>For photographs, datasheets, or any additional information, contact Heather McLaren at 512.832.8292 or send email to [email protected].</p><p>###</p>

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