Lexel Laser Assets Acquired by Cambridge Lasers

July 9, 2002
Fremont, CA, July 9, 2002 -- Cambridge Lasers Laboratories has announced the acquisition of substantial portions of Lexel Laser assets, including the bulk of the manufacturing equipment, the parts inventory, and all of the intellectual property.

Fremont, CA, July 9, 2002 -- Cambridge Lasers Laboratories has announced the acquisition of substantial portions of Lexel Laser assets, including the bulk of the manufacturing equipment, the parts inventory, and all of the intellectual property.

This purchase bolsters Cambridge's capacity for volume manufacture of replacements tubes for Lexel Lasers and their ability to provide comprehensive service including replacement optics, SHG crystals and mounts, system optimization and test, and extended warranties.

Cambridge recently expanded their Fremont, CA facility to support the additional business stemming from their April acquisition of the manufacturing capability for the Spectra Physics glass/ceramic tubes from Spectra Physics, and the anticipated Lexel acquisitions.

Cambridge Lasers Laboratories has provided service and replacement tubes for Spectra Physics ion lasers since 1983. Brian Bohan, Cambridge president, stated that the company is committed to providing comprehensive service to ion laser users for whom the original manufacturers no longer provide support. "This is a niche market, but one with many users who still do important research or industrial testing for which ion lasers are ideally suited. They will benefit from the attention of our experienced, qualified service organization that is entirely focussed on their needs."

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