Domino Printing Sciences plc

Domino Acquires the Air Cleaning Business of PAT Technology Systems Inc. for Canadian $2.1m

Release date: 14.10.2008

Domino Printing Sciences plc is pleased to announce it has acquired, through its wholly owned subsidiary, Purex North America Ltd, the air cleaning business of PAT Technology Systems Inc. for Canadian $2.1m. Deferred consideration is also payable based on operating profit for the financial year ending 31 October 2010 subject to a maximum payment of Canadian $600,000. The acquired business designs, manufactures and supplies air cleaning equipment for the printing industry and will be integrated with Purex's existing North American fume extraction business. The combined business will operate under the name Purex North America Ltd and will be based in Quebec. Wayne Baird, co-founder and CEO of PAT Technology Systems, will manage the combined business and will report to Paul Priestley, Managing Director of Purex International Ltd. This is the fifth acquisition by Domino Printing Sciences in the last year, including: -acquisition of Control Information Technology GmbH for €4m in October 2007 -acquisition of Domino's Belgian distributor for €4.3m in November 2007 -acquisition of Photon Energy GmbH for €4m in June 2008 -acquisition of aps Alternative Printing Services GmbH for €15.2m The business is expected to be earnings enhancing in the first full year.

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Elni Stofberg
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Email: estofberg@adcomms.co.uk
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Isabella Rohrbach
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Lucy O'Dea
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