SOURCE: Griffin Analytical Technologies

July 25, 2006 08:00 ET

Griffin Analytical Technologies Merges With ICx Technologies

WEST LAFAYETTE, IN -- (MARKET WIRE) -- July 25, 2006 -- West Lafayette, Ind.-based Griffin Analytical Technologies, LLC announced today that the company has merged with ICx Technologies Inc., a rapidly growing Washington, D.C.-based corporation specializing in homeland security and emerging technologies that protect people and facilities against physical threats.

As part of the merger, Griffin Analytical Technologies ("Griffin") will maintain its headquarters and research facilities at Purdue Research Park, where it employs 28.

"This merger will allow Griffin to accelerate market penetration of its products on a national level while remaining here in Indiana, where the company has benefited from the support of the Purdue Research Foundation, Rose-Hulman Ventures, the Indiana 21st Century Research and Technology Fund, Twilight Venture Partners and local angel and institutional investors," said Dennis Barket Jr., Griffin's president and CEO.

As a wholly owned business unit of ICx Technologies ("ICx"), Griffin becomes part of the Chemical, Biological, Radiological, Nuclear and Explosive (CBRNE) Detection Division, an ICx division comprised of firms offering a broad range of detection solutions from bio-threat to radiation to explosives. Griffin will add premium-class chemical detection technology to the ICx portfolio, including the mass spectrometry-based Griffin 300 and Griffin 400. These products quickly provide chemical detection information on-site, delivering accurate results outside of the typical laboratory setting.

"Over the past year, ICx has brought together an impressive grouping of 15 companies, making it a leading privately held company in the detection technology industry," Barket said. "Being part of ICx will open doors for Griffin in Washington, D.C., and provide us with numerous opportunities to participate in high-profile projects that involve the installation of state-of-the-art, complete security solutions."

ICx's CBRNE Detection Division includes Agentase of Pittsburgh, Pa., Ion Optics of Waltham, Mass., MesoSystems of Albuquerque, N.M., Nomadics of Stillwater, Okla., and Target Instruments of Oak Ridge, Tenn.

"Adding Griffin to the ICx family further extends our technology platform and allows us to provide better solutions against terror-related threats," said ICx Chief Executive Officer Hans Kobler. "Griffin's leading edge mass spectrometry technology has significant potential and will open up new applications. In return, ICx will immediately provide a larger footprint and a platform for Griffin to further penetrate the global defense and security markets."

About Griffin Analytical Technologies

Founded in 2001, Griffin Analytical Technologies, LLC makes rugged, miniature mass spectrometers that provide fast, definitive, laboratory-caliber chemical detection and analysis in the field. Griffin serves homeland security and U.S. Department of Defense applications, environmental health and safety monitoring, and research and teaching laboratories. For more information, visit www.griffinanalytical.com.

About ICx Technologies

ICx develops and manufactures advanced technologies for homeland and military security. Our sensors detect and identify chemical, biological, radiological and explosive materials. Our surveillance products discern people and objects invisible to human senses and conventional cameras. Our software and systems connect, command, and control security devices. ICx has manufacturing and research facilities in the United States, Canada and Europe. www.icxt.com

All trademarks, registered trademarks and service marks are the property of their respective owners.

Contact Information

  • Media Contacts:
    Matthew Langan
    ICx Technologies
    T+ 202-298-7600, ext 219
    F+ 202-298-9050
    Email Contact

    Dennis Barket
    CEO
    Griffin Analytical Technologies
    T+ 765-775-1701
    F+ 765-496-6489
    Email Contact