NUSIL TECHNOLOGY ACQUIRES MOREHOUSE-COWLES FROM MFIC CORPORATION

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Stephen Bruner
NuSil Technology
(805) 684-8780
Fax: (805) 566-9905
steveb@nusil.com
http://www.nusil.com




FOR IMMEDIATE RELEASE



NUSIL TECHNOLOGY ACQUIRES MOREHOUSE-COWLES FROM MFIC CORPORATION



CARPINTERIA, Calif. – February 9, 2004 – NuSil Technology (http://www.nusil.com) , a leading formulator and manufacturer of silicone compounds for healthcare, aerospace, electronics and photonics, recently acquired Morehouse-COWLES from MFIC Corporation. Under the agreement, Morehouse-COWLES, a leading manufacturer of equipment and technology for milling, mixing and dissolving for the chemicals, paints, pigments and coatings industries, will continue to operate in Fullerton, Calif., as a wholly-owned subsidiary of NuSil Technology.

http://www.nusil.com

In its 75-year history, Morehouse-COWLES has gained an excellent reputation for delivering reliable and efficient standard machines and specialized designs that provide users with high production rates, low maintenance costs and superior product quality. A significant amount of the equipment currently used by NuSil Technology is designed and customized by Morehouse-COWLES.

“Acquiring Morehouse-COWLES allows us to remain focused on meeting our customers’ materials needs by essentially doubling our engineering department and ensuring we get new, specialized equipment up and running quicker than ever before,” said Dick Compton, CEO and co-founder of NuSil Technology. “Morehouse-COWLES is now positioned to take advantage of NuSil’s core strengths, including our extensive experience in customizing equipment and our ability to enter into new markets.”

NuSil (http://www.nusil.com) formulates standard and customized silicone products based on the vast, unique array of properties the material provides. Product quality is assured by the company’s Quality System, which begins with an effective design protocol and continues up the supply chain from vendor qualification through re-inspection of finished product inventories.

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About NuSil Silicone Technology
NuSil is a leading formulator of silicone compounds for aerospace, healthcare, electronics and other applications requiring precise, predictable, cost-effective materials performance. ISO-9001 certified since 1994, NuSil operates state-of-the-art laboratories and processing facilities in North America and Europe and provides on-site, in-person application engineering support worldwide. More information about NuSil Technology can be found at www.nusil.com.

More information about NuSil Technology specializations can be found at the following webpages:

Engineering Silicones
http://www.nusil.com/engineering/index.aspx
Healthcare Materials
http://www.nusil.com/healthcare/index.aspx
Healthcare Adhesives
http://www.nusil.com/healthcare/restricted/adhesives/index.aspx

High Consistency Elastomers
http://www.nusil.com/healthcare/restricted/hiC_elastomers/index.aspx

Low Consistency Elastomers
http://www.nusil.com/healthcare/restricted/lowC_elastomers/index.aspx

Gels
http://www.nusil.com/healthcare/restricted/gels/index.aspx
Dispersions
http://www.nusil.com/healthcare/restricted/dispersions/index.aspx
Fluids
http://www.nusil.com/healthcare/restricted/fluids/index.aspx


About Morehouse-COWLES
For 75 years, Morehouse-COWLES has been synonymous in the U.S. and international markets with media mill, mixer and dissolver technology. The company offers a complete line of equipment ranging from laboratory units to a full line of sophisticated multi-shaft dissolvers and dispersers, including the patented Zinger® horizontal media mill which offers faster, finer particle reduction.






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