Nova Analytics Corp. Announces ADS Corp. Acquisition

Dec. 2, 2005

Nova Analytics Corp. announced the acquisition of ADS Corp., a subsidiary of Axel Johnson, Inc. ADS Corp. manufactures and distributes flow measurement equipment and software. Collectively, the two divisions of ADS, ADS Environmental Services and Accusonic Technologies provide services to customers in over 40 countries and have conducted over 5000 flow measurement projects in their 30-year history.

Jim Barbookles, chairman and CEO of Nova Analytics, said, “ADS is a very exciting opportunity for Nova Analytics Corp., with its proud heritage, leadership and technological strength in the global wastewater collection system industry. We are pleased to have ADS join the Nova family and provide a new platform for growth.”

“We believe that the sale of ADS to Nova Analytics will ensure the company a unique platform from which to continue and build upon its tradition of industry leading products and services,” said Axel Johnson, Inc. president and CEO Michael D. Milligan.

Axel Johnson, Inc., headquartered in Stamford, Conn., owns and operates businesses focused on environmental, energy and industrial products.

Source: Nova Analytics Corp.