PerkinElmer acquires LED maker Opto Technology

PerkinElmer, Inc. (PKI), a global leader focused on improving the health and safety of people and the environment, announced it has bought Opto Technology Inc., a supplier of LED based lighting components and subsystems, as PerkinElmer looks to broaden its presence in the LED lighting market. PerkinElmer did not disclose a purchase price for the Illinois-based company.

The acquisition of Opto Technology adds optical subsystems to PerkinElmer's portfolio of high-brightness LED components, and will help PerkinElmer provide solid-state lighting products to original equipment manufacturers (OEMs) serving the health, safety and security markets.

Opto Technology's annual revenues are under $15 million, David Nislick, president of PerkinElmer's Illumination and Detection Solutions business, said. "The addition of Opto Technology expands PerkinElmer's presence in the solid state specialty lighting marketplace and broadens the portfolio of LED subsystem capabilities that we can provide to our customers."

"We are excited by the opportunity to become part of PerkinElmer, combining PerkinElmer's strength in providing lighting solutions to health and environmental OEMs around the globe with Opto Technology's innovative solid-state technology capabilities," said Thomas Hegberg, president and CEO of Opto Technology, Inc. “A core part of our mission has been designing energy-efficient lighting systems that make the world a brighter, healthier, safer and greener place to live,” added Hegberg. “We are delighted that there is such clear synergy with PerkinElmer's strategic focus.”

About PerkinElmer, Inc.
PerkinElmer, Inc. is a global leader focused on improving the health and safety of people and the environment. The Company reported revenue of $1.8 billion in 2007, has approximately 9,100 employees serving customers in more than 150 countries, and is a component of the S&P 500 Index. Additional information is available through www.perkinelmer.com or 1-877-PKI-NYSE.

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