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Setaram Acquires Hy-Energy (posted 2/19/08)

February 19, 2008
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Setaram Inc. recently announced the acquisition of Hy-Energy LLC, a manufacturer of gas sorption instruments for the field of clean renewable energy research.

Setaram Inc. recently announced the acquisition of Hy-Energy LLC, Newark, Calif., a manufacturer of high-performance gas sorption scientific instruments for the field of clean renewable energy research. “This acquisition adds a full suite of analytical capabilities that complement Setaram Instruments’ existing thermal analysis and calorimetry product lines,” said Gilles Widawski, president of Setaram Instrumentation, Caluire France, parent company of Setaram Inc. “Current customers of both Setaram and Hy-Energy will benefit from the broader range of capabilities.”

“The integration of Hy-Energy with Setaram further strengthens Setaram Instruments’ North American operations and provides us a physical presence on the West Coast, closer to many of our customers,” said Gary Etherington, president of Setaram Inc.

“We are extremely pleased to become part of Setaram and enhance their calorimetry line with our gas sorption products,” said Karl Gross, Ph.D., founder of Hy-Energy LLC. “With Setaram’s worldwide distribution and service, the transaction will improve Hy-Energy’s ability to sell to and service customers worldwide. I look forward to working with them to further develop our products and assist our customers.”

Founded in 2000, Hy-Energy provides scientific instruments, consulting and measurement services for testing gas sorption properties of materials such as hydrogen-absorbing alloys, complex hydrides, high-surface-area hydrogen and others.

For more information, call (856) 910-9990, fax (856) 910-1150, or visit www.setaram.com.

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