UniNet Acquires Summit Technologies

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UniNet Imaging Inc. announced the expansion of its capabilities through the acquisition of Summit Technologies, headquartered in Bohemia, N.Y., with offices in Ventura, Calif. and chip manufacturing in Las Vegas, Nev. In September 2004, Summit Laser Products merged with Graphic Technologies in Camarillo, Calif. to create Summit Technologies.

UniNet and Summit Technologies have similar objectives as specified by Nestor Saporiti, CEO of UniNet, ¡°We are very fortunate to have found an industry expert partner who shares our corporate initiatives, passion, and commitment to innovative technology, delivering quality worldwide, and business excellence.¡±  

Highly anticipated, this acquisition combines the core competencies of each corporation - UniNet¡¯s unparalleled Absolute Color product line along with Summit¡¯s innovative chip technology and toner blending creates an exciting synergy.

The collaborative effort results in ¡°efficient and optimal delivery time in the continental USA, enhanced quality assurance, superior technical support and R&D, personalized sales support, and extensive product depth and breath,¡± said CFO Steven Hecht.

¡°Joining our complementary chip technologies will accelerate chip development,¡± said Joe Cachia, chip manufacturing director, ¡°The UniNet worldwide subsidiaries will help us expedite R&D and testing of multi-region chips recently released on Lexmark and Minolta engines.¡±

Saporiti expressed his admiration for Graphic Technologies¡¯ legacy, ¡°I am most honored to continue with Ira Seaver¡¯s research and development of toner blending and chip technology, as well as preserving his excellence for quality.¡±  

Martin Garcia, UniNet¡¯s corporate general manager, shares the same sentiments, ¡°We are thrilled about the powerful synergies created by combining these companies. I am personally delighted to welcome the award-winning Mike Josiah and Joe Cachia whom will bring invaluable expertise to UniNet¡¯s R&D and engineering team.¡±

¡°Our customers will gain the most from these experienced professionals,¡± said Diego Gesualdi, UniNet corporate sales director. ¡°The addition of industry veterans Joe Dovi, U.S. sales director, Robert Jenkins, senior account manager and Summit¡¯s sales staff to the accomplished UniNet sales team will help us provide our customers the best personalized sales, service, and support.¡±

Technical Director Mike Josiah added, ¡°The customers are the real winners here; they will continue receiving Summit¡¯s quality products and technical support, now with access to UniNet¡¯s superior Absolute Color Technology, and distribution in the U.S. West Coast.¡±

UniNet has experienced tremendous unprecedented growth worldwide. UniNet started in 1995 with one location in the USA and 10 employees, handling 100 products. It has since become an industry leading manufacturing and distributing corporation comprised of 10 worldwide owned and operated subsidiaries with 300 employees and now shipping over 10,000 products.  

Summit Laser Products and Graphic Technologies both began in 1985 and together have over 38 years of industry experience. Merged in 2004, the resulting Summit Technologies manufactures chips in its Las Vegas facility and is now considered by many to be the market leader in chip technology.