More information about Transcat can be found on its website at: transcat.comSafe Harbor Statement This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as “expects,” “estimates,” “projects,” “anticipates,” “believes,” “could,” and other similar words. All statements addressing operating performance, events, or developments that Transcat, Inc. expects or anticipates will occur in the future, including but not limited to statements relating to anticipated revenue, profit margins, sales operations, its strategy to build its sales representative channel, customer preferences and changes in market conditions in the industries in which Transcat operates are forward-looking statements. Because they are forward-looking, they should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties are more fully described in Transcat’s Annual and Quarterly Reports filed with the Securities and Exchange Commission, including under the heading entitled “Risk Factors.” Should one or more of these risks or uncertainties materialize, or should any of the Company’s underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on the Company’s forward-looking statements. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.
Transcat, Inc. (Nasdaq: TRNS) (“Transcat”), a leading distributor of professional grade handheld test and measurement instruments and accredited provider of calibration, repair and weighing system services, announced today that the Company has been named by Stahlwille, world-renowned German manufacturer of handtools and specialist for torquing technology, as the only official U.S. Factory Authorized Calibration and Repair Center. The Stahlwille-Transcat partnership will enrich the current torque capabilities of Transcat’s Calibration and Repair Services. As a Stahlwille Factory Authorized Calibration and Repair Center, Transcat will be better positioned to serve all its customers in the Pharmaceutical, Industrial, Chemical, Utility/Energy and Manufacturing Industries, but also to expand its wind energy presence. Selecting Transcat expands Stahlwille’s U.S. footprint into additional markets and provides its customers with a domestic calibration and repair facility option. Charles P. Hadeed, President, CEO and COO of Transcat, stated, “We are pleased to partner with Stahlwille as their US Factory Authorized Calibration and Repair Center. This will greatly complement our growing wind business and will enhance our current torque service offerings to all our customers.” ABOUT TRANSCAT Transcat, Inc. is a leading distributor of professional grade handheld test and measurement instruments and accredited provider of calibration, repair and other measurement services primarily for the pharmaceutical and FDA-regulated, industrial manufacturing, energy and utilities, chemical manufacturing, and other industries. Through its distribution products segment, Transcat markets and distributes national and proprietary brand instruments to nearly 15,000 customers. The Company offers access to more than 25,000 test and measurement instruments. Transcat delivers precise, reliable, fast calibration, and repair services across the United States, Canada and Puerto Rico through its 14 strategically located Calibration Centers of Excellence. The breadth and depth of parameters covered by Transcat’s ISO/IEC 17025 scopes of accreditation are believed to be among the best in the industry. Transcat’s growth strategy is to expand both its distribution products and calibration services in markets that value product breadth and availability and rely on accredited calibration services to maintain the integrity of their processes.