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MAVERICK Technologies Acquires Reed Hannebaum Engineering Services

COLUMBIA, Ill., May 30, 2003 — MAVERICK Technologies, located in the St. Louis, MO area, is a next-generation operational consulting and systems integration firm. In a move designed to compliment MAVERICK’s already strong vision systems engineering capabilities, MAVERICK has recently announced the acquisition of Reed Hannebaum Engineering Services (RHES).

RHES, headquartered in St. Louis, Missouri, has been providing reliable, industrial-hardened manufacturing, inspection and testing equipment, and engineering services since 1990 and has sold more than 100 patented label inspection systems worldwide, with a strong focus on the vision inspection and bar code inspection markets. RHES brings more than 10 years of full-service engineering experience and a background in system design / build, installation, start-up assistance, training and after-sale support. It’s an offering that complements MAVERICK’s objective of providing its clients with technical and support services that provide outstanding business value and ROI with effective, measurable solutions.

“This acquisition will allow us to increase our ability to provide integrated solutions to our clients — with a whole new range and depth of capabilities and resources,” stated Paul J. Galeski, Chairman and CEO of MAVERICK.

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