Quintech Electronics Purchases DEV Systemtechnik

Indiana, PA, September 12, 2013 — Quintech Electronics & Communications is acquiring 100 percent of all shares of DEV Systemtechnik GmbH & Co. KG. Quintech, headquartered in Indiana, PA, supplies RF signal routing equipment for over 24 years. Quintech’s product line includes matrix switches, routers, splitters, combiners, amplifiers, and LNB power supplies.

DEV Systemtechnik, headquartered in Friedberg, Germany, produces RF and RF over fiber signal routing equipment, including the Optribution product line.

“I am very excited with the opportunities to better serve our customers with the combined Quintech and DEV products and personnel,” said Dan Prushnok, CEO and Chairman of Quintech.

“Both companies represent the highest standards in product design, quality, reliability, and customer support. I expect the combined companies to provide our customer base with a greater selection of available solutions with faster service and lead times,” he said.

Prushnok added that with the acquisition, the merged company will be able to provide a full suite of RF products, including matrix switches, routing switches, splitters and combiners, amplifiers, LNB power supplies, RF over fiber transmitters and receivers, and optical splitters and combiners.

DEV will be a wholly owned, independent subsidiary of Quintech, with Joerg Schmidt remaining as Managing Director.

This transaction is expected to close by the end of September 2013. The cost of purchase was not disclosed.