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Databac strengthens its grip on the ID accessories market with acquisition of UK security product manufacturer Titeloc


15 June 2004

Databac Group, specialist provider of identification solutions, has acquired Titeloc, UK designer and manufacturer of ID accessories. The acquisition encompasses the Titeloc brand, patent and client base, stock. The move amplifies Databac's vast range of ID products and widens its customer base in the accessories market. Databac will service and support all existing Titeloc clients.

Among the Titeloc products Databac adds is the patented Titeloc clip, a plastic badge clip popular for use at conferences and in metal-free and clean-sterile areas, such as airports, manufacturing plants, pharmaceutical laboratories and hospitals.

Databac managing director Charles Balcomb commented: "Our accessories business has increased greatly over the past two years, particularly in the area of personalised products such as branded lanyards and yoyos. We aim to maintain this upward momentum and the purchase of Titeloc strengthens our position in this field."

The Titeloc web site www.titeloc.com will remain operational.

- ENDS -

Photographs of Databac products, personnel and applications are available from the press zone at www.databac.com

For further information

Mariam Khan
Summit Media Services
Independencia 253-255, 3o 2a
08026 Barcelona
Spain
Tel (direct): +34 93 265 0084 / Tel (switchboard): +44 (0)20 8546 9826
Fax: +34 93 265 4463
Email: summit_media@compuserve.com


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