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Sutron Corporation Completes Acquisition of Ilex Engineering, Inc.

Sutron Corporation (NASDAQ: STRN) announced that it has completed the previously announced acquisition of Ilex Engineering, Inc. for a cash purchase price of approximately $580,000. Ilex Engineering is a leading provider of DOMSAT systems, custom software and engineering services in the GOES Data Collection Services market with revenues of approximately $550,000 in fiscal year 2008.

Sutron Corporation is a leading provider of real-time data collection and control products, systems software and professional services in the hydrological, meteorological and oceanic monitoring markets (www.sutron.com).


Tags: ,Telecom:Wireless, ,NASDAQ01,NASDAQ01,VA,STERLING, VA
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