| Princeton Junction,
NJ August 12, 2003 - MISTRAS Holdings Group is proud to
announce the acquisition of CONAM Inspection. One of the
oldest and most renowned nondestructive testing (NDT)
companies in the world, CONAM Inspection is a quality
assurance, quality control and training services provider.
"We are excited to have CONAM Inspection join the
MISTRAS Holdings Group family, and I can't think of a
better fit as we begin to look ahead at the expansion
of our company worldwide," stated Dr. Sotirios J.
Vahaviolos, President & CEO. "With the leadership
and stature that come with the CONAM name, coupled with
leading technologies by MISTRAS, we can offer customers
the assurance that their NDT inspection and engineering
services requirements are being managed by two industry
leaders with a combined know-how and expertise of over
65 years." Dr. Vahaviolos also added, "we also
want to thank Staveley Services North America, Inc. and
its management for giving us the opportunity to accomplish
this merger in a timely and seamless fashion for maximum
customer transitional support."
For nearly 40 years, CONAM's highly trained NDT inspection
quality control and quality assurance experts have provided
safer and more productive work environments through state-of-the-art
technologies in the refining, power generation, process
control and aerospace industries. With accredited laboratories
and over 750 quality control experts nationwide, CONAM
Inspection remains the fastest growing company in the
U.S. NDT industry. Visit us at www.conaminsp.com.
The MISTRAS Holdings Group develops, manufactures and
employs leading-edge technologies for advanced nondestructive
testing and predictive maintenance, such as acoustic emission,
automated ultrasonics, eddy current, vibration monitoring
and resistivity systems. In addition, it provides on-line
asset and integrity management systems and services that
employ Internet-based data acquisition and real-time assessment
to monitor equipment and components in the world's industrial
& public infrastructure.
MISTRAS Holdings Corporation has four subsidiaries/divisions
in the U.S.: Physical Acoustics Corporation (PAC), NDT
Automation, Vibra-Metrics and Quality Services Laboratories,
Inc. (QSL-Plus) and trades globally under the name of
“Physical Acoustics” with 10 additional worldwide
subsidiaries. Visit the company’s web site at www.mistrasholdings.com.
For more detailed information, contact: Lee Moyer- Marketing
Services Manager at (609) 716-4038.
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