BALTIMORE (April 12, 2006) – Davis Inotek Instruments, LLC, has signed a final purchase agreement with GE Consumer & Industrial to buy its Instrumentation Services unit – a calibration and repair operation based in Duluth, Ga., that serves more than 1,000 manufacturers throughout the country. Financial details were not disclosed. The sale is subject to the completion of all necessary transaction documentation and is expected to close in May.

“The acquisition of GE Instrumentation Services Business provides a unique platform for the execution of our strategic growth initiative,” said Davis Inotek President and CEO Lee Rudow. “Our combined companies will offer a broader scope of capabilities, more flexibility and the nation’s largest network of calibration laboratories through its 30 regional facilities,” he added.

GE Management stated, “This transaction aligns the Instrumentation Services operation with a strategic company that has metrology services as a core competency and a strong interest in investing and growing this type of business. We are pleased with the agreement and believe it gives the Instrumentation Services operation tremendous opportunity for growth and longevity in the future.”

About Davis Inotek Instruments
Davis Inotek Instruments is one of the world’s leading manufacturers and distributors of test, measurement and control instruments. Founded in 1912, the company operates one of the largest networks of sales/service centers specializing in test, measurement and control instruments, providing unparalleled calibration and repair services. Davis Inotek Instruments is owned by JPB Enterprises, Inc. (JPBE), a privately-owned investment bank located in Columbia, Maryland.

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