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Computron's Corporate Headquarters Computron Display Systems, Inc. is a manufacturer of high resolution video display monitors for the medical, industrial, and military markets. The Company was founded in 1981 and is located in Mt. Prospect, IL, a Chicago northwest suburb. The Company acquired KG Rear Vision from Kanematsu USA, a Japanese trading company in June 1999. KG Rear Vision produces and distributes cameras, monitors and video recorders for surveillance and collision avoidance used in large vehicles in the waste industry. With growing concern for transportation safety, market growth opportunity for this division is significant. KG is also developing systems for the school bus and railroad industry, including the capacity to record and store images. Recent accidents at crossing gates have brought nationwide interest in KG video technology. Imaging Technologies Division of Nortech Systems based in Wayzata, Minnesota, is Computron's most recent acquisition (February 2000). This new Computron division manufactures large screen, ultra high-resolution gray scale monitors for medical, document, radar and industrial applications. Through a consolidation of manufacturing and transfer of technology, Computron will produce and market the products of Nortech Imaging Technologies in its Mt. Prospect facility. Computron was established on the basis of patented electronic power technology. Today the Company has obtained three patents and has additional patents pending. In 1985 Computron acquired three Digitran companies from Becton Dickenson Corp. Computron and the Digitran companies then became operating divisions of XCEL Corp. of California. In 1995, Computron's original founder and President, together with other investors purchased the Computron division from XCEL. Computron's long record of continuous operating profitability allowed this transaction to be accomplished through conventional institutional banking. American National Bank of Chicago provided the initial funding. Old Kent Bank of Chicago now serves as the Company's primary lender. Computron is proud of its 13-year record of continuous profitability. Proceeding under its new ownership, Computron has aggressively expanded its monitor business. Among other contracts, it provided precision monitors for the Avenger mobile defense system during the Gulf War, and for the B-2 Stealth bomber. Delicate Class III life support systems in hospital operating rooms are among the applications served by its medical monitors. A recent entry into "turn key" medical manufacturing denotes its continued growth into the high tech industry. Today the Company is expanding into higher volume, cost sensitive markets through its alliances with manufacturing partners of India, China, and Taiwan. These enterprises are manufacturing proprietary Computron designs under restrictive convenants, producing high quality products at competitive prices for sales in world markets formerly served exclusively by Pacific Rim manufacturers. |