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Sutron Corporation Completes Acquisition of Ilex Engineering, Inc.

marketwire
Press Release Source: Sutron Corporation On Tuesday January 6, 2009, 9:45 am EST

STERLING, VA--(MARKET WIRE)--Jan 6, 2009 -- Sutron Corporation (NasdaqCM:STRN - News) announced that it has completed the previously announced acquisition of Ilex Engineering, Inc. for a cash purchase price of approximately $580,000. Ilex Engineering is a leading provider of DOMSAT systems, custom software and engineering services in the GOES Data Collection Services market with revenues of approximately $550,000 in fiscal year 2008.

Sutron Corporation is a leading provider of real-time data collection and control products, systems software and professional services in the hydrological, meteorological and oceanic monitoring markets (www.sutron.com).

Contact:

          Contact:
     Sidney Hooper
     (703) 406-2800
     Email Contact
      
     Sutron Corporation
     21300 Ridgetop Circle
     Sterling, VA 20166
     (703) 406-2800
     (703) 406-2801 FAX
     http://www.sutron.com
      

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