Key Technology and Proditec Announce Global Sales and Distribution Agreement
April 15, 2010 – Key Technology and Proditec announce that they have entered into an agreement for the sale and distribution of products from Key’s Symetix group. Under the terms of the agreement, Proditec will sell Symetix products for softgel inspection and processing in Europe, Asia, and South America. At the same time, Proditec and Symetix will work together to promote and sell inspection solutions in the pharmaceutical and nutraceutical markets in North America.
Symetix offers industry-leading, high-speed, broad-belt inspection systems that sort up to 1,000,000 softgels or tablets per hour, removing 100 percent of foreigners, while also removing defects based on object color, size, and shape. These inspection systems can be integrated with Symetix’s Impulse™ Size Grader and PulseScrubber® continuous polisher, as well as bulk packaging equipment to comprise a continuous finishing line.
Proditec, based in Pessac (Bordeaux), France, is respected worldwide for its high-performance optical inspection systems that achieve full inspection of tablets and two-piece capsules. In addition to verifying product color, size, shape, print, engraving, and multi layers to detect and remove defects, Proditec offers systems that use near-infrared technology to validate active ingredients of tablets at production speed.
“The strengths of Symetix and Proditec are complementary on many levels. From our product lines and end-user markets to geographic coverage, this is a perfect fit,” commented Jon Donovan, Product Manager for Symetix. “Together, we offer inspection systems for tablets, softgels, and two-piece capsules that can achieve the highest throughput as well as small-volume, high-performance product verification, depending on the needs of the application.”
“Coordinating and leveraging the established sales and service channels of Symetix and Proditec creates a more complete product offering and more focused regional positions to better serve our customers around the world,” stated Christophe Riboulet, CEO of Proditec.
This sales and distribution agreement further strengthens the relationship between Symetix and Proditec, which was preceded by the minority equity investment Key made in Proditec in March 2009.
About Key Technology, Inc.
Key Technology, an ISO-9001 certified company, is a leading designer and manufacturer of process automation systems, integrated electro-optical inspection and sorting systems, and processing systems. Key® systems help processors to improve quality, increase yield, and reduce cost. With worldwide sales representation, the company maintains demonstration and testing facilities at its headquarters and manufacturing divisions in Walla Walla, Washington, USA, and at Key Technology BV in Beusichem, the Netherlands. The company's common stock trades on The NASDAQ Global Market under the symbol: KTEC.
About Proditec
Proditec designs and manufactures automated, solid dose pharmaceutical inspection systems to help pharmaceutical manufacturers improve product quality, increase process control capabilities, and reduce operating costs. From its headquarters in Pessac (Bordeaux), France and its fully owned subsidiaries in Singapore and North America, Proditec maintains a network of local and international partners that supports a customer base in more than 30 countries.
About Symetix®
Symetix is the pharmaceutical group of Key Technology. With 60 years of experience in the food, tobacco, and pharmaceutical industries, Key is a leading manufacturer of best-in-class process automation systems. Symetix offers worldwide sales representation and maintains demonstration and testing facilities at Key’s headquarters and manufacturing divisions in Walla Walla, Washington, USA, and at Key Technology BV in Beusichem, the Netherlands. The company's common stock trades on The NASDAQ Global Market under the symbol: KTEC.
Contact:
Reader Inquiries: USA
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Reader Inquires: Christophe Riboulet Proditec 3, rue Eugène Chevreul Z.I. Pessac-Magellan 33600 Pessac, France
Tel: +33 (0) 5 57 89 17 20 Fax:+33 (0) 5 57 89 10 60 |
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Editor Inquires: Sandra McBride McBride Public Relations 5 Arastradero Road Menlo Park, CA 94028 USA
Tel: 650.926.9852 Fax: 650.926.9853 |
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