The Company will host a conference call to provide an overview of the transaction on Wednesday, March 6th at 11:00 am Eastern. Interested parties may call: 877-407-8029 or access the call on the internet via: http://www.investorcalendar.com/IC/CEPage.asp?ID=170641 A replay of the call will be available until April 6, 2013 by calling: 877-660-6853 and entering Conference ID #: 410185"We believe the acquisition offers significant synergies for revenue growth. Orbital-UK's internationally recognized expertise in the natural gas industry, including bringing together the patented VE-technology with the Vergence® device from CUI Global offer natural gas operators/users a comprehensive solution set for the next generation of energy metering systems," stated William Clough, CUI Global's president & CEO. While the Vergence Technology allows the natural gas operator to quickly and accurately obtain Calorific Value (CV), Wobbe Index (WI), Relative Density (RD), and Compression Factor (Z) in less than three seconds; that analysis takes place after an 8 to 10 minute delay in capturing the natural gas sample from the pipeline. The patented VE-Probe, on the other hand, allows the sample to be obtained from the pipeline in less than two seconds.
CUI Global, Inc. Announces Intent To Acquire Privately Owned Natural Gas Technology Company Orbital-UK For 17.0 Million Pounds Sterling
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