Bruker AXS acquires hand-held XRF company

BILLERICA, Mass., 24 July 2006. Bruker AXS Inc. has acquired all of the shares of privately-held KeyMaster Technologies Inc. from KeyMaster's previous majority shareholder, Advent International, and other shareholders. KeyMaster Technologies, located in Kennewick, Washington, develops and manufactures portable hand-held X-ray fluorescence (XRF) systems for numerous applications.

BILLERICA, Mass., 24 July 2006. Bruker AXS Inc. has acquired all of the shares of privately-held KeyMaster Technologies Inc. from KeyMaster's previous majority shareholder, Advent International, and other shareholders. KeyMaster Technologies, located in Kennewick, Washington, develops and manufactures portable hand-held X-ray fluorescence (XRF) systems for numerous applications.

The company's XRF systems are well suited to such applications as:

-- metals and alloy analysis used in various metal processing industries, including automotive, scrap sorting, and others,

-- Positive Material Identification (PMI) required for example in the aerospace and power industries,

-- Restrictions of Hazardous Substances (RoHS) analysis required under European regulations,

-- environmental metals-in-soil or lead-in-paint (LiP) analysis,

-- art, museum and archaeological analysis, and

-- elemental taggant analysis for tracing of origin and security applications.

The hand-held XRF market has been the fastest growing market segment in X-ray analysis in recent years, with an estimated total market size of $90 million in 2005.

As a new Bruker AXS subsidiary, KeyMaster will remain in its current location and will continue under its current name and management team.

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