Ederer Acquired by PaR Systems, Inc.

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PaR Systems, Inc., has announced the acquisition of the assets and operations of Ederer Incorporated, which is located in Seattle, Washington. Ederer, LLC, will operate as a wholly owned subsidiary of PaR Systems. To ensure the continuation of Ederer’s strong knowledge base and industry leading reputation, all active Ederer employees will remain with the business. Ederer will continue to serve customers from its Seattle location.

PaR will relocate a senior leader to lead the integration of PaR’s operational excellence model and corporate values within the Ederer organization. Integrating Ederer’s 100 years of specialty crane design and manufacturing experience with PaR’s 42 years of remote handling and robotics experience will provide PaR/Ederer customers with unsurpassed leadership in the specialty crane and remote-handling fields.

PaR Systems designs and manufacturers remotely and robotically operated specialized cranes with telescoping masts and manipulator arms for handling of hazardous materials in the nuclear utility and Department of Energy markets, and gantry robots with wide area coverage for process applications in the aerospace and marine industries. Ederer also serves a broad base of customers, providing custom-engineered bridge, gantry, and revolver cranes, and specialty crane-related material handling equipment, for nuclear utilities, Department of Energy facilities, aerospace, forest products, primary metals, ports, marine, and other heavy industrial applications.

For more information, contact Carrie Koliha at (651) 484-7261, or visit the company’s Web sites at [www.par.com] or [www.ederer.com].