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December 11, 2009

Argus and Alpha Technologies Announce Merger

Power Channels: Power Components

Alpha Technologies Ltd. and Argus Technologies Ltd. announced that they will merge to become Alpha Technologies Ltd. (Alpha). For more than two decades, both companies have developed and delivered power solutions to the telecom, traffic, security and industrial sectors around the globe.

"This merger will help us solve our customers’ unique powering challenges more effectively by leveraging a combined product portfolio in uninterruptible power supplies, power conversion, protection, backup and generation technologies. Providing our customer with one company to call for all their powering needs makes us easier to do business with," said Mark Schnarr, CEO and President of Alpha Technologies Ltd. "It will also enable us to operate more efficiently, improve competitiveness and sustain growth. We remain committed to our goal of becoming the power solutions partner of choice for our customers."

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The merger, once completed, will see the combined enterprise relocated into a state-of-the-art 113,000 square foot facility. The new head office location will house all facets of the merged company including sales, customer service, operations, manufacturing, technical support and engineering.

The new company is a member of the Alpha Group, a global alliance of independent companies that share a common philosophy – create world-class powering solutions for communication, commercial, industrial and renewable energy markets. The Alpha Group has over thirty years of outdoor power expertise with over two million systems in operation around the world.

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