Veridiam Medical Completes Acquisition of Advanced EDM
Automation; Expanding Custom Manufacturing Solutions
for the Medical OEM Industry

Veridiam Medical announced today that it has completed the acquisition of ADVANCED EDM AUTOMATION, Inc. of Poway, California. ADVANCED EDM AUTOMATION, a provider of precision metal fabrication and electrical discharge machining (EDM) capabilities, is a perfect complement to Veridiam Medical's strategic integrated manufacturing initiative.

The move unites two of the industry's most innovative and technologically advanced providers offering precision engineered highly specialized metal fabrication capabilities to the medical device industry. "Medical device companies continue to push the limits of materials and manufacturing technologies in order to minimize invasive procedures, improve the standard of care and meet the demands of an increasingly informed patient," said Neal Nordstrom, Chief Executive Officer of Veridiam Medical. "Veridiam Medical and Advanced EDM have positioned themselves at the forefront of this trend, and together we will build on our combined strength to help improve our customers' products and procedural outcomes."

Both companies are actively integrating their operations, networks, and customer care organizations to ensure a smooth transition and provide immediate value for their customers. "Our customers' loyalty is the foundation of our business and Veridiam Medical's resources will further solidify our market position and help us continue our strong growth," said Norm Turoff, former President of Advanced EDM. Mr. Turoff will now serve as Director of Technology.

About Advanced EDM Automation

Founded by Mr. Norm Turoff in 1994, Advanced EDM has 60 employees. The Poway, California company comes with technologically advanced capabilities, including all types (wire, sinker, hole drilling) of Electrical Discharge Machining (EDM), multiaxis CNC Machining, Automated Systems, and Miniature Manufacturing.

More information is available by contacting:
Veridiam Medical; Mr. Steve Thornton
(760) 758-4302; (866) 264-0556 (fax); sthornton@veridiam.com.

Advanced EDM; Mr. Norm Turoff
(858) 679-5100; (858) 391-9193 (fax); nturoff@veridiam.com.

Editor's Note:

A high-resolution JPG photograph is available to accommodate this announcement. Click [HERE] to download.