Riello UPS Purchases Advance Galatrek's UPS Business

As at the 1st March 2003, Riello UPS, Europe's second largest manufacturer

of UPS equipment, purchased the uninterruptible power systems sales and

service business of Advance Galatrek (Advance Electronics Ltd), the UK's

leading provider of power protection solutions for the IT, comms, commerce

and industrial sectors.

The new business will be known in the UK as Riello Galatrek Limited, and

will operate as a wholly owned subsidiary of Riello of Italy, from new

premises located on Wrexham Industrial Estate, just outside Wrexham. The

remainder of Advance Galatrek's existing power quality management business,

including voltage surge suppressor, constant voltage transformer and voltage

stabiliser manufacturing will continue to operate from its current premises

as Advance Electronics Limited, under the AEL Group brand.

The purchase of Advance Galatrek's UPS sales and distribution operation sees

Riello Galatrek becoming the dominant force in the UK UPS market, with a

presence in all key sectors, including telecoms, Internet, voice and data

comms, industrial, manufacturing, healthcare, rail and banking. Thanks to

the collective experience, knowledge and skill sets of both Advance Galatrek

and Riello, existing and potential customers will receive the most

comprehensive series of products and services available from any supplier.

Products offered will include Riello designed and manufactured

uninterruptible power systems, ranging up to 6MVA, complemented by UK

sourced battery extension pack and UPS accessories.

As well as its exceptional product range, Riello Galatrek will capitalise on

the substantial experience that Advance Galatrek has acquired in the UPS

industry. This will enable the new company to offer even higher levels of

service in the pre-sales, after-sales and support arenas. Because Riello

Galatrek regards management continuity as an important element of customer

service, Advance Galatrek's Robin Koffler has been appointed as General

Manager of the new company. Three Phase Sales Manager Leo Craig and Service

Manager Colin Griffiths will continue their respective roles within Riello

Galatrek.

The significant economies of scale brought about by the purchase will allow

Riello Galatrek to offer the best possible value to its customers, through

initiatives that will include increased product modularity, combined with

regular launches of new products and service initiatives.

According to newly appointed Riello Galatrek General Manager Robin Koffler,

the new structure will allow the company to operate as a fully-fledged UPS

power protection provider, with an integrated suite of products and services

across the whole sector. 'Prior to the acquisition, both Advance Galatrek

and Riello boards gave extensive thought to the advantages that a purchase

would bring. The synergy that exists between Advance Galatrek's UPS business

and Riello will provide the perfect springboard to give both existing and

new customers the most complete uninterruptible power system offering

available anywhere in the marketplace,' he stated.

'We are delighted at the way our business relationship with Riello has

expanded since it was established in 1995, and are very much looking forward

to working with Riello as a subsidiary, supporting its pan-European and

global activities. In addition, we are certain that visits and training

schools at the Riello factories in Verona and Milan will demonstrate both to

new and potential customers the leading approach taken by Riello throughout

its UPS activities,' concluded Koffler.

Roberto Facci, Riello UPS Sales and Marketing Director commented: 'The

purchase of Advance Galatrek's UPS business provides us with a stable

platform through which to support our UK partners and to grow our overall

market share. Our philosophy of global reach, combined with local knowledge,

means that Riello Galatrek will be able to capitalise on the key customer

and supplier relationships that have been forged over the past few years,

while calling on the vast resources of Riello UPS as global partner.'

- Ends -

Editor's Notes: -

Riello Elettronica and Riello UPS

Riello UPS is part of Riello Elettronica, one of the world's foremost

electronics groups, and the second largest manufacturer of UPS equipment in

Europe.

Established in 1983 by Mr Pierantonio Riello, Riello Elettronica is a

European leader in the industrial and civil energy conversion sectors. The

group's activities include information technology, telecommunications,

sensor and security systems, as well as UPS research, design and

manufacture.

Riello UPS has one of the broadest product ranges available, encompassing

entry level to mission critical 6MVA solutions, capable of supporting highly

sensitive equipment in the most demanding environments. The company has over

50 years experience in the UPS sector.

More information about Riello Elettronica is available at www.riello.com

For more information about Riello UPS globally, please visit

www.riello-ups.com

Further details about Riello Galatrek in the UK can be seen at

www.riello-ups.co.uk

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