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ISIS GROUP ACQUIRES GRAHAM-PATTEN SYSTEMS FROM
KLOTZ DIGITAL AMERICA
ISIS Group is pleased to announce the acquisition of Graham-Patten Systems from Klotz Digital America. The two companies recently signed an agreement to allow the acquisition to proceed. ISIS Group, a manufacturer of professional video and audio equipment, will assume all assets and the current employees of Graham-Patten Systems. Graham-Patten is an Emmy award-winning manufacturer of audio equipment for the post-production and television industries.Graham-Patten Systems will be co-located with ISIS Group in Grass Valley California. This newly formed division of ISIS Group will continue to produce its existing high quality range of products, and there will be a strong emphasis on the development of Graham-Patten Systems' next generation of audio mixing, conversion and distribution products targeted to meet current and future market needs.
According to Tom Vick, General Manager of Graham-Patten, " We respect the fact that GPS has a loyal customer base and world-wide distribution network. That loyalty is of great value and we have already received enthusiastic support for this change in our status. For us, at GPS, this is the best news that we could have anticipated. ISIS is such a natural fit and we are all committed to providing our customers and distributors with the best possible service."
Steve Block, the ISIS CEO, commented, " This is a great merger for both companies. It will add strength to both since we are in the same industry doing what we know best. A more fundamental reason for this acquisition is that our personal and business values mesh so well. We are particularly pleased that we have been able to save the GPS employees' jobs. Our goal now is to return GPS to being a great supplier of audio equipment to the broadcast industry."
About ISIS Group
Based in Grass Valley, California (USA), The ISIS Group, Inc manufactures high-performance video, audio, and signal management and processing solutions for the television, post-production, and multimedia industries worldwide. Recognized for innovative products for digital multi-function ENG switching, video and audio switching, video and audio distribution equipment, and video/audio monitoring switchers, ISIS Group proudly claims representation by leading distribution and Systems Integrator organizations throughout the world. Information about ISIS Group is available at http://www.isis-group.com
About Graham-Patten Systems
Founded in 1980, Graham-Patten has established a reputation as the world's leading developer of high performance digital audio products for the professional video industry. The company is best known for its Emmy award winning D/ESAM digital edit suite audio mixers. Throughout the video industry, Graham-Patten is known for its technical innovation, product reliability, and outstanding customer support. More information about Graham-Patten company and products is available at http://www.gpsys.com