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Leica Geosystems Acquires Australia-Based Tritronics 12.10.03

December 10, 2003
Acquisition expected to extend its current machine automation portfolio for the mining segment and create an opportunity to market its existing mining and surveying products to Tritronics' extensive network of mining customers.

Leica Geosystems, Norcross, Ga., acquired Tritronics Pty Ltd, a leading supplier of integrated machine automation and site management solutions for the mining industry.

Leica Geosystems expects the Tritronics acquisition to extend its current machine automation portfolio for the mining segment and create an opportunity to market its existing mining and surveying products to Tritronics' extensive network of mining customers. The integrated solutions offered by Tritronics incorporate a number of automated production technologies including GPS-based navigation, wireless telecommunications infrastructure (telemetry technologies), and Internet-based remote monitoring and configuration. The technology solutions deployed by Tritronics provide major efficiency and safety benefits for its mining customers. These technologies are highly attractive for Leica Geosystems' civil engineering customers as large civil engineering and construction projects become more automated.

Based in Brisbane, Tritronics is a privately owned enterprise founded in March 1975. Tritronics has 25 employees and is a leader in the design, development and installation of mine machine monitoring and information systems. The Tritronics fully-integrated system combines powerful reporting and analysis software with reliable radio telemetry and 3-D positioning sensors to deliver accurate monitoring and reporting on draglines, haul trucks, loaders, shovels, dozers and blast hole drills. The Tritronics product range monitors surface mining equipment to provide mines with near real-time information on equipment location and operating parameters. The business began supplying domestic mining companies with mine information solutions in 1978 and released the first version of its current flagship product, the 9000 Series dragline monitoring system, in 1988. Tritronics expanded its product range in 1995 with the release of a fleet monitoring system and has recently developed monitoring systems for electric shovels and drill rigs. Tritronics has equipment installed at 42 mines in four countries.

Source: Leica Geosystems, Dec. 8, 2003