NEWS
Malers Automation and Control Signs with Large Pharmaceutical Company
May 19, 2005 09:45:34 (ET)
HADERA, Israel, May 19, 2005 (PRIMEZONE via COMTEX) -- Malers Automation and Control Ltd. ("Malers") (Pink Sheets:MSNC), today announced that is has signed a contract for the installation of a large automation and control system for a publicly traded pharmaceutical company.
"This is only one of many manufacturing facilities that our client runs," says Ronen Luzon. "We are already in discussions with them for further installations for a wide range of applications in their other plants. Each installation can be worth tens of thousands of dollars, and they help to open doors to other clients in this vertical market."
Malers was awarded the contract with the understanding that the client would have additional needs for automation and control system installations in other facilities. This approval process serves a certification for future work.
"We have made installations for this client in the past," comments Luzon. "They like the versatility and reliability of our systems. When dealing with a large range of chemicals, sewage drainage becomes a critical task that is control-intensive. Our solutions offer the client the peace of mind they need to operate their facility under full environmental compliance."
The client is a global pharmaceutical company specializing in the development, production and marketing of both proprietary and generic branded pharmaceuticals, as well as active pharmaceutical ingredients.
About Malers
Malers Automation and Control Ltd. is an Israeli systems company that develops, manufactures, sells and maintains automation and control systems for industrial applications. The Company produces turn-key systems that replace labor intensive, error prone and costly manual production and monitoring functions. Since the Company's inception in 1996, Malers' custom designed systems have been installed in major industrial applications worldwide. Their systems offer centralized and remote control of complex manufacturing processes, and data collection and analysis systems.
For more information, please contact Ronen Luzon, at 011-972-54-477-5656 or malers-a@malers-automation.com or visit us on the Web at www.malers-automation.com.
Forward-Looking Statements
Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.
SOURCE: Malers Automation and Control Ltd.
Malers Automation and Control Ltd.
Ronen Luzon
011-972-54-477-5656
malers-a@malers-automation.com
(C) 2005 PRIMEZONE, All rights reserved.
