EX-99
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dyn8k072210ex99-1.txt
PRESS RELEASE
Contact:
Patty Kehe
Dynasil Corporation of America
Phone: (607) 272-3320, ext. 26
Email: pkehe@dynasilcorp.com
Dynasil Acquires the Hilger Crystal
Subsidiary of Newport Corporation
WEST BERLIN, N.J. - July 20, 2010 - Dynasil Corporation of
America (OTCBB: DYSL) today announced the acquisition of
Hilger Crystals, Ltd. ("Hilger"), a leading manufacturer of
synthetic crystals applicable to a wide range of industrial,
medical, and homeland security applications. Hilger's
parent company, Newport Corporation, is a leading global
supplier of lasers, photonics instrumentation, sub-micron
positioning systems, vibration isolation, and optical
components to customers in the scientific research,
microelectronics, aerospace & defense and life & health
sciences markets.
Hilger Crystals, located in Kent, England, has a long
history of supplying reliable and high-quality synthetic
crystals for infrared spectroscopy, X-ray and gamma ray
detection. Applications for synthetic crystals include
homeland security, medical imaging, oil exploration,
chemical analysis and military.
Craig Dunham, CEO of Dynasil, commented, "By combining our
technical depth in synthetic crystals with Hilger's highly
specialized expertise in the growth and manufacturing of
crystals, we can accelerate the commercialization and
distribution of our extensive technology portfolio. The
acquisition of Hilger puts Dynasil in a strong position as a
high quality manufacturer and supplier. The transaction
exemplifies our growth strategy to acquire companies with
strengths in complementary areas, which enables us to more
quickly commercialize our new technology while expanding the
scale and scope of our product line and distribution
channels. We expect the acquisition to have a very positive
impact on our Company's revenue growth, profitability and
earnings per share".
The purchase price for Hilger is $4 million at closing with
an additional payment of $0.75 million after 18 months which
may be reduced or eliminated, contingent upon revenues for
the first 18 months. The entire $4 million purchase price at
closing was funded using the existing acquisition line of
credit with Sovereign/Santander Bank. Additional details
regarding the acquisition will be outlined in Dynasil's 8-K
filing with the SEC.
About Dynasil: Dynasil Corporation of America (OTCBB: DYSL),
is a provider of technology, products, services and
solutions to a broad range of customers to serve their
specific needs in the medical, industrial, and homeland
security/defense markets. The Company has additional
operations in New Jersey, New York and Massachusetts.
This news release may contain forward-looking statements
usually containing the words "believe", "expect", "plan",
"target", "intend" or similar expressions. These statements
are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act. Statements
relating to future results of operations, projections, and
expectations, including the expected benefits of the Hilger
acquisition, involve certain risks and uncertainties that
could cause actual results to differ materially from the
forward-looking statements. Factors that would cause or
contribute to such differences include, but are not limited
to, the factors detailed in the Company's Annual Report or
Form 10-K and in the Company's other Securities and Exchange
Commission filings, continuation of existing market
conditions and demand for our products. Dynasil undertakes
no obligation to update these forward-looking statements to
reflect actual results, changes in assumptions or changes in
other factors that may affect such forward-looking
statements.

EX - 99 3 dyn8k072210ex99 - 1 . txt PRESS RELEASE Contact : Patty Kehe Dynasil Corporation of America Phone : ( 607 ) 272 - 3320 , ext . 26 Email : pkehe@dynasilcorp.com Dynasil Acquires the Hilger Crystal Subsidiary of Newport Corporation WEST BERLIN , N . J . - July 20 , 2010 - Dynasil Corporation of America ( OTCBB : DYSL ) today announced the acquisition of Hilger Crystals , Ltd . ( " Hilger " ) , a leading manufacturer of synthetic crystals applicable to a wide range of industrial , medical , and homeland security applications . Hilger 's parent company , Newport Corporation , is a leading global supplier of lasers , photonics instrumentation , sub - micron positioning systems , vibration isolation , and optical components to customers in the scientific research , microelectronics , aerospace & defense and life & health sciences markets . Hilger Crystals , located in Kent , England , has a long history of supplying reliable and high - quality synthetic crystals for infrared spectroscopy , X - ray and gamma ray detection . Applications for synthetic crystals include homeland security , medical imaging , oil exploration , chemical analysis and military . Craig Dunham , CEO of Dynasil , commented , " By combining our technical depth in synthetic crystals with Hilger 's highly specialized expertise in the growth and manufacturing of crystals , we can accelerate the commercialization and distribution of our extensive technology portfolio . The acquisition of Hilger puts Dynasil in a strong position as a high quality manufacturer and supplier . The transaction exemplifies our growth strategy to acquire companies with strengths in complementary areas , which enables us to more quickly commercialize our new technology while expanding the scale and scope of our product line and distribution channels . We expect the acquisition to have a very positive impact on our Company 's revenue growth , profitability and earnings per share " . The purchase price for Hilger is $ 4 million at closing with an additional payment of $ 0.75 million after 18 months which may be reduced or eliminated , contingent upon revenues for the first 18 months . The entire $ 4 million purchase price at closing was funded using the existing acquisition line of credit with Sovereign / Santander Bank . Additional details regarding the acquisition will be outlined in Dynasil 's 8 - K filing with the SEC . About Dynasil : Dynasil Corporation of America ( OTCBB : DYSL ) , is a provider of technology , products , services and solutions to a broad range of customers to serve their specific needs in the medical , industrial , and homeland security / defense markets . The Company has additional operations in New Jersey , New York and Massachusetts . This news release may contain forward - looking statements usually containing the words " believe " , " expect " , " plan " , " target " , " intend " or similar expressions . These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act . Statements relating to future results of operations , projections , and expectations , including the expected benefits of the Hilger acquisition , involve certain risks and uncertainties that could cause actual results to differ materially from the forward - looking statements . Factors that would cause or contribute to such differences include , but are not limited to , the factors detailed in the Company 's Annual Report or Form 10 - K and in the Company 's other Securities and Exchange Commission filings , continuation of existing market conditions and demand for our products . Dynasil undertakes no obligation to update these forward - looking statements to reflect actual results , changes in assumptions or changes in other factors that may affect such forward - looking statements .
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