-- Acquisition expands global reach & scale of Systech's Brand Protection 
Suite(TM)

Systech International ("Systech") announced today that it has entered into a 
definitive agreement to be acquired by Dover Corporation ( 
https://c212.net/c/link/?t=0&l=en&o=2684812-1&h=1610276898&u=https%3A%2F%2Fwww.dovercorporation.com%2F&a=Dover+Corporation 
) ("Dover"). Dover is a diversified global manufacturer that delivers 
innovative equipment and components, specialty systems, consumable supplies, 
software and digital solutions, and support services. Following the close of 
the transaction, Systech ( 
https://c212.net/c/link/?t=0&l=en&o=2684812-1&h=2898215503&u=https%3A%2F%2Fwww.systechone.com%2F&a=Systech 
) will become part of Dover's Markem-Imaje ( 
https://c212.net/c/link/?t=0&l=en&o=2684812-1&h=799333903&u=https%3A%2F%2Fwww.markem-imaje.com%2F&a=Markem-Imaje 
) business unit, a global supplier of product identification and traceability 
solutions, in Dover's Imaging and Identification segment.

Logo - https://mma.prnewswire.com/media/461585/Systech_Logo.jpg

Systech is headquartered in Princeton, New Jersey, and is recognized as a 
pioneer in protecting pharmaceutical and consumer brands across the global 
supply chain. Systech provides digital brand protection ( 
https://c212.net/c/link/?t=0&l=en&o=2684812-1&h=852237872&u=https%3A%2F%2Fwww.systechone.com%2Fsolutions%2Fbrand-protection-anti-counterfeiting-anti-diversion%2F&a=digital+brand+protection 
) solutions for 19 of the top 20 global pharmaceutical manufacturers and is 
expanding with its innovative and proven solutions in adjacent verticals such 
as personal care, cosmetics, wine & spirits and medical devices. Whereas most 
current solutions are analogue and additive, Systech empowers brand owners to 
digitize their brand protection solutions through non-additive means and 
indubitably protect against the growing global threat of counterfeiting ( 
https://c212.net/c/link/?t=0&l=en&o=2684812-1&h=174385999&u=https%3A%2F%2Fwww.systechone.com%2Fsolutions%2Fanti-counterfeiting-supply-chain-safety%2F&a=counterfeiting 
).

"Integration with Markem-Imaje will boost Systech's R&D capabilities and 
support our ambitious technological innovation agenda. The acquisition will 
also enhance implementation scale, accelerate innovation and help to better 
serve both our global client base and our partners," said Ara Ohanian, 
Systech's Chief Executive Officer. Mr. Ohanian continued, "our solutions are 
complementary, and the combined offerings will strengthen our brand promise of 
delivering authentic, safe and connected products across the supply chain, from 
manufacturing to the consumer's hands."  

Terms of the transaction were not disclosed. The transaction is subject to 
satisfaction of customary closing conditions, including applicable regulatory 
approvals, and is expected to close in the first quarter of 2020.  Atlas 
Technology Group and Chiesa Shahinian & Giantomasi, PC acted as financial 
advisor and legal advisor, respectively, to Systech.

About Systech International:

Systech ( 
https://c212.net/c/link/?t=0&l=en&o=2684812-1&h=2898215503&u=https%3A%2F%2Fwww.systechone.com%2F&a=Systech 
) International, a Princeton, New Jersey-based company, has developed an 
innovative software suite of authentication and traceability solutions to 
combat counterfeiting, prevent diversion and meet regulatory compliance. Built 
on decades of experience as the leader in pharmaceutical serialization, Systech 
is revolutionizing brand protection with its comprehensive suite that delivers 
the real-time insight, actionable product data, digital connectivity and 
consumer engagement functionality needed to fight supply chain threats. Global 
brands across industries rely on Systech to keep their products authentic, safe 
and connected as they move through the supply chain. Visit www.systechone.com 
for further information.

About Dover:

Dover ( 
https://c212.net/c/link/?t=0&l=en&o=2684812-1&h=1052749064&u=https%3A%2F%2Fwww.dovercorporation.com%2F&a=Dover 
) is a diversified global manufacturer with annual revenue of approximately $7 
billion. Dover delivers innovative equipment and components, specialty systems, 
consumable supplies, software and digital solutions, and support services 
through five operating segments: Engineered Products, Fueling Solutions, 
Imaging & Identification, Pumps & Process Solutions and Refrigeration & Food 
Equipment. Dover combines global scale with operational agility to lead the 
markets we serve. Recognized for its entrepreneurial approach for over 60 
years, Dover's team of approximately 24,000 employees takes an ownership 
mindset, collaborating with customers to redefine what's possible. 
Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock 
Exchange under "DOV." Additional information is available at 
www.dovercorporation.com.

About Markem-Imaje:

Markem-Imaje ( 
https://c212.net/c/link/?t=0&l=en&o=2684812-1&h=799333903&u=https%3A%2F%2Fwww.markem-imaje.com%2F&a=Markem-Imaje 
), an indirect wholly-owned subsidiary of Dover, is a trusted world 
manufacturer of product identification and traceability solutions, offering a 
full line of reliable and innovative inkjet, thermal transfer, laser, and print 
and apply label systems. Markem-Imaje provides global reach to over 50,000 
customers with 30 subsidiaries, 6 technology centers, several equipment repair 
centers and manufacturing plants with the most comprehensive marking and coding 
portfolio available in the marketplace. Additional information is available at 
www.markem-imaje.com. 

Media Contact: 
Jefferson Barr 
Vice President – Marketing 
+1 (609) 235 8446 
jefferson.barr@systechone.com 

SOURCE: Systech International