MACDERMID INC. ACQUIRES AUTOTYPE INTERNATIONAL LTD

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MACDERMID INC. ACQUIRES AUTOTYPE INTERNATIONAL LTD
14 June 2005 - Autotype International

Autotype International has become part of MacDermid Inc. of Denver, Colorado, USA. MacDermid are a US publicly quoted group with a strong family shareholding. The acquisition of Autotype from Norcros means that MacDermid will have $0.75billion sales focused in the printing, electronics and industrial finishing markets around the world.

MacDermid plan to enhance Autotype’s rapid development into new areas in the screen printing and electronics industries. They believe that with their help we can grow faster and be more successful. I am pleased that Autotype has found a stable and successful long term owner who understands the potential for our business and is able to assist directly in accelerating our growth plans

MacDermid has leading positions in the supply of offset blanket, flexo plates and Colorspan ink jet printers and supplies. MacDermid Electronic Solutions is a global leader in chemicals for PCB manufacturing. MacDermid Industrial Solutions is a major supplier of chemicals for industrial finishing, specifically plating and coating of metals and plastics. There is no direct technology overlap but many areas of common interest and potential fruitful cooperation.

MacDermid has a strong customer focus backed by technical support summarised by their advertising, ‘Yes we can’. This mirrors our aim to provide technology solutions that help our customers become more successful. Both organisations rely on technology leadership and exceptional customer service to succeed in competitive markets.

MacDermid’s approach is to encourage their businesses to develop as strong and independent companies, focused on the needs of specific groups of customers around the world. Our existing management team will continue to drive Autotype forward in line with our well-established strategy.

We value greatly the business partnership we have with our customers and our suppliers. We look forward to continuing to work closely with you as we continue to innovate and to support our customers in our fast developing markets.

http://www.autotype.com

About: Autotype International
Specialist coating technology developed by Autotype is used for a wide range of touch and vision electronic applications, including membrane switches and for In Mould Decorated (IMD) products in the automotive, telecommunications and domestic appliances sectors.

The company's expertise in precision coating technology enables it to transform and enhance the performance of films for many high technology and demanding applications. These films can provide efficient means of reproducing exacting images or offer protective features such as resistance to aggressive chemicals and be used as stable substrates in the production of key electronic or medical components.

Precision graphic systems for the printing sector have enabled industrial screen printers to compete with alternative technologies in the quest for the most complex and accurate reproduction process.

The company operates from three locations: Autotype International, in Wantage, England; Autotype Americas Inc. in Schaumburg, near Chicago; Autotype International (Asia) Pte. Ltd. from Singapore. From these three locations we are able to maintain worldwide coverage through experienced and dedicated sales personnel, responding in real time to the changing needs of local markets.

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