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Microsys Joins the Concept Group of Companies

Tue, 21 Feb 2012 22:41:34 EST

Graz, Austria & Toronto Canada, 21 February 2012

Concept Tech GmbH of Graz Austria is thrilled to announce that it has acquired Microsys Technologies Inc., the global leading supplier of airbag test systems, based in Toronto, Canada. The combined entity further enhances Concept's leadership position in the automotive safety test market while providing an enhanced platform for the growth and diversification of Concept's business globally.

The combination of Microsys and Concept products will provide the market with a fully integrated safety test solution for impactor testing and airbag testing. This will allow customers to increase their level of productivity while improving the quality of their test data. It also means that customers can deal with the team of Concept & Microsys to provide a complete safety test labs solution.

Concept and Microsys are anticipating quickly uniting their global sales and supporting channel, which will make it easier than ever before for customers in the Americas and Asia to benefit from Concept's market leading test equipment technologies. The Microsys customer base in Europe will also have improved access to local support resources out of the new Concept office in Augsburg Germany.

'Microsys has an outstanding reputation all over the world and especially in China, India and Brazil which are the world's fastest growing automotive markets. By combining forces with Microsys we can introduce Concept's products directly to the large Microsys installation base,' said Mr. Philipp Tölke, the co-CEO of Concept.

'Concept is very pleased to be able to include Microsys within the Concept family of companies so soon after opening our new test lab in Augsburg Germany,' said Christoph Knotz, Concept co-CEO. 'Customers of both Concept and Microsys will benefit from the combination of expertise and products we can now offer throughout the world. We are planning to install a Microsys SureFire system in Augsburg so that customers can see for themselves how the combination of both companies' products will provide a superior experience for the automotive safety test lab.

'Concept is a well-managed and successful company with values very similar to our own,' said Microsys President Corey Miller. 'Both companies are focused on offering customers a combination of the best technology along with the highest level of customer service. I am confident that our alignment with Concept will enhance the Microsys customer experience due to Concept's extensive expertise in crash testing & vehicle safety engineering and regulations, and I am personally excited at working to make this happen.'
 
About Concept
Concept Tech GmbH is a development and test service provider in the field of vehicle safety. We add value to our customers in all areas of the engineering process such as design, simulation, prototyping, testing and product development. Concept Tech GmbH offers a wide range of safety test equipment for impactor testing (pedestrian protection, ejection mitigation, interior testing, etc.) as well as full vehicle test equipment (low speed crash equipment, bumper pendulum, barriers etc.). Concept headquarters are in Graz Austria with test labs in Graz and Augsburg Germany. To learn more, please visit http://www.concept-tech.com
 
About Microsys
Founded in 1987, Microsys Technologies Inc. is the world-leading provider of airbag and other occupant safety test systems, based outside of Toronto Canada. The company has installations in all the major international automotive regions of The Americas, Europe, and Asia. To learn more, please visit www.micro-sys.com.
 
Contacts
Christoph Knotz
Co-CEO
Concept Tech GmbH
christoph.knotz@concept-tech.com
 
Philipp Tölke
Co-CEO
Concept Tech GmbH
philipp.toelke@concept-tech.com
 
 
Corey Miller
President
Microsys Technologies Inc.
coreym@micro-sys.com


Source: WebWire



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