| As
of August 17, 2004, Building Technologies Alliance (BTA)
will become part of Delta Systems.
Delta Systems has acquired the assets
of the BTA organization and personnel who were formerly
with BTA are now Delta employees.
As you probably know, BTA was a
division of Acoustics Incorporated. Over the last several
months we decided that BTA was not core to our operations
going forward. We investigated several potential organizations
that might acquire BTA and be a great fit for both our
customers, employees and technology suppliers and found
Delta Systems to be a strategic fit.
Delta Systems,
which is also headquartered in Charlotte, North Carolina,
was established in 1983 as a systems integrator of Fire
& Life Safety, Security and Communications products.
The company has Operation Centers in Charlotte, Greenville,
South Carolina and Columbia, South Carolina. Delta
serves clients in the commercial, institutional and
governmental markets who need systems to protect their
property, people and infrastructure: www.deltasystems.net.
Delta was interested
in acquiring BTA for several reasons. The company had
plans to expand to Raleigh and felt our office there
served a great customer base. Delta
was able to expand its Fire Alarm business to Fire Suppression
because of our great relationship with Fenwal, the leader
in fire and explosion suppression, and lastly the Delta
Team was strengthened by our employees.
|