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Sutron Corporation: Sutron Corporation Completes Acquisition of Ilex Engineering, Inc.

  //science-technology.news-articles.net/content/2 .. mpletes-acquisition-of-ilex-engineering-inc.html
  Published in Science and Technology on Tuesday, January 6th 2009 at 8:17 GMT, Last Modified on 2009-01-06 08:17:54 by Market Wire
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STERLING, VA--(Marketwire - January 6, 2009) - Sutron Corporation (NASDAQ: [ STRN ]) announced that it has completed the previously announced acquisition of Ilex Engineering, Inc. for a cash purchase price of approximately $580,000. Ilex Engineering is a leading provider of DOMSAT systems, custom software and engineering services in the GOES Data Collection Services market with revenues of approximately $550,000 in fiscal year 2008.

Sutron Corporation is a leading provider of real-time data collection and control products, systems software and professional services in the hydrological, meteorological and oceanic monitoring markets ([ www.sutron.com ]).