VersaTech Acquires Precision Systems, LLC

Date:
August 6, 2009
To:
Friends & Business Associates
From:
Dave Volz
Subject: Announcement of Expanded Operations
New Orleans, Louisiana USA
To all:
I am pleased to announce that VersaTech Automation Services has purchased the assets
of Precision Systems, LLC, a thirteen year old automation and controls company
headquartered in the New Orleans area. The acquisition of Precision Systems fits well
with VersaTech’s strategic growth initiative and provides us with a top quality control
system fabrication facility in the New Orleans area. The facility is approximately 15,000
sq. ft. and includes quality office space and a warehouse, shop, and climate-controlled
fabrication and testing area. This facility will complement VersaTech’s existing control
system fabrication facilities in Houston, Texas and Dubai, UAE, and VersaTech’s field
service operation, based in Belle Chasse, Louisiana. The acquisition of Precision Systems
will increase VersaTech’s technical staff and will allow us to better serve our customers
in the New Orleans area.
VersaTech Automation Services is the automation and controls affiliate of Versabar, Inc.,
a prominent New Orleans and Houston based company, serving the offshore and
onshore energy industry since 1981. The extensive worldwide experience of the
VersaTech staff, augmented by the facilities, capabilities, business philosophy, and
financial strength of Versabar, Inc., offers a multi-national company with vertically
integrated capabilities unique in the automation and controls business. From solid-state,
pneumatic, or hydraulic control systems, to skid-based hydraulic power units and large
packaged automation systems, VersaTech can cost-effectively design, fabricate,
program, test, install, service, and maintain your process control and safety system at
locations throughout the world. For more information about VersaTech, please visit our
website at www.vtechas.com.
We welcome the opportunity to serve your automation needs.
Sincerely,
David R. Volz, Jr.
President
VersaTech Automation Services, LLC
11349 FM 529 Road • Houston, Texas 77041 • Phone: (713) 939-6100 • Fax: (713) 937-7222
1111 Engineers Road • Belle Chasse, Louisiana 70037 • Phone: (504) 392-3200 • Fax: (504) 392-5111
www.vtechas.com