This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

DenMat Announces Signing A Purchase Agreement To Acquire PeriOptix Inc., Leading Provider Of Magnification And Illumination Technologies





SANTA MARIA, Calif., Dec. 3, 2012 /PRNewswire/ -- DenMat, recognized for innovative clinical dental technologies and materials, announced today its signing of a purchase agreement to acquire all outstanding stock of PeriOptix Inc., based in Escondido, California. The parties expect the deal to close in the next few days pending fulfillment of routine closing conditions. PeriOptix is one of the industry's leading providers of high-quality magnification and illumination technologies for dental and medical professionals.

"PeriOptix is widely respected for its superior clinical vision solutions," commented Steven Semmelmayer, CEO of DenMat. "From high-resolution lightweight loupes to the award-winning high-intensity Solaris TM LED headlight, PeriOptix empowers clinicians to see things better. Their innovative products are a perfect fit for dentists committed to exceptional restorative and other treatments."

Leading product solutions include the Air-X TM super-light frame system designed to be worn over existing eyewear, MicroLine TM "through-the-lens" loupes, the Panoramic TM and Hogie TM flip-up lines, and the popular high performance Adivista TM lightweight loupes featuring Adidas ® sport frames.

"We are very excited that DenMat has selected us to join in its mission to enhance clinical performance by healthcare professionals through high-quality, innovative and differentiated products," commented Keith Tholin, President and co-founder of PeriOptix. "Our strategy is to focus on our core competencies in optics and illumination, and to introduce only products with distinctive features and improvements over existing products on the market. We know DenMat will continue this legacy while leveraging its marketing reach and distribution network."

Since its founding, PeriOptix has introduced a number of innovations that include a unique modular frame system for loupes, the first portable LED light source, and a proprietary and patented locking mechanism designed to simplify the adjustment of flip-up style loupes.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs