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TriVirix Acquires UMM Electronics, Strengthens Product Development Capabilities



For Immediate Release  -  December 23, 2003

Durham, NC – TriVirix, a full-service contract manufacturer of electronic medical and life sciences equipment, announced today that it has acquired the assets of UMM Electronics, an Indianapolis-based company specializing in the design and development of medical device products.

UMM Electronics, which previously operated as part of Leach Technology Group, will assume the TriVirix name and immediately begin operating as a wholly-owned subsidiary. The details of the transaction were not disclosed.

The acquisition significantly bolsters TriVirix’s product design and development services while strengthening its ability to provide manufacturing solutions. UMM has successfully manufactured more than two million medical devices and instruments in its 16 year history.

There is a growing demand among medical device OEM’s for companies that can provide comprehensive manufacturing support and focus exclusively on products that fall under FDA regulations. The combination of UMM’s design capabilities and TriVirix’s manufacturing expertise gives customers a dependable partner who can deliver value from product design through end of product life management.

“UMM was an ideal acquisition target because of its singular focus on the medical market. We share a common understanding of the market’s unique challenges and government regulations. We are now in a stronger position to help companies address those challenges,” said Richard M. West, chief executive officer at TriVirix.

With the acquisition of UMM, TriVirix gains established relationships with an impressive customer base, acquires key technical personnel, laboratory facilities and a state of the art prototype model shop in Indianapolis.

TriVirix also receives UMM’s patented technology for the rapid development of customized diagnostic meters. The proprietary platform is designed to help customers bring diagnostic meters to market faster and at significantly reduced development costs.

About TriVirix

TriVirix is a contract manufacturing services company serving the medical device and life sciences industries. Focused exclusively on the development, manufacture, and support of electronic medical and life sciences equipment, TriVirix offers an attractive value proposition to original equipment manufacturers with a need to outsource medical manufacturing. All of TriVirix’ global design and manufacturing facilities are ISO 9001:2000 / 13485:2003 / ISO9002 certified, FDA registered, audited and QSR compliant. The company is headquartered in Durham, North Carolina, and employs approximately 200 people. For more information, please visit www.trivirix.com.

About UMM Electronics

UMM Electronics Inc. is a world-class service provider for contract design, development and manufacture of cost-effective electronic medical instruments and devices. Since 1987, UMM has successfully manufactured over 2,000,000 medical devices and instruments. The company specializes in taking customer products from "mind to market" by providing product design and development and manufacturing services. Its product development engineers are proficient in all facets of FDA regulatory issues to reduce customer risk. UMM is based in Indianapolis, Indiana and has 23 full-time employees.

For more information:
Josh Rose
Director of Marketing
TriVirix
(919) 595-8242


 

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