Scientific Technologies Incorporated (Nasdaq:STIZ), a leading North American provider of automation safeguarding products and services, recently received a Product of the Year award for its innovative OptoShield OS3100 Laser Light Safety Scanner -- an advanced area guarding scanner which employs laser light to monitor entry into a user-configurable safety detection zone and send a stop signal to a guarded machine. The award honors the top new products as voted on by the readers of PLANT ENGINEERING magazine. "We are honored to be recognized by the readers of PLANT ENGINEERING magazine for introducing one of the best new industrial products of 2005," commented Joseph J. Lazzara, President and Chief Executive Officer of Scientific Technologies, Inc ("STI"). "The OptoShield is an excellent choice for safeguarding hazardous work cells, transfer lines, robot stations, internal press guarding, irregular shaped or changing areas and automated guided vehicles." According to a January, 2005 report issued by Venture Development Corporation on the estimated $250 million North American market for machine safeguarding equipment, laser scanners represent the second highest expected product growth segment, by percentage, in the safeguarding equipment market from 2004 to 2007. According to VDC, on a global basis, laser scanners are expected to be an estimated $90 million product segment by 2007. Designed and manufactured in the United States by STI, the OptoShield OS3100 is now available for customer deliveries. The scanner can be used to protect personnel from stationary hazardous machinery, such as work cells, robot stations and internal press guarding or moving equipment, such as automated guided vehicles and transfer carts. With a detection radius of 15 meters, the OptoShield can also be use in security applications for the detection of intruders into a user-defined security zone. Intuitive configuration software facilitates easy navigation and user set-up, allowing the OptoShield to be user configured in a large number of area guarding arrangements. The OptoShield introduces significant advancements over similar types of sensors with advanced diagnostic communications and superior interface options. OptoShield provides diagnostic features not typically available in safety scanners. These features include a two-digit numeric display, four standard LED status indicators and patented Intrusion Indicators that identify where the safety zone is encroached without the need for difficult diagnostic searches and an external computer display. About Scientific Technologies Inc. Scientific Technologies, Inc. (STI) is a North American leading provider of automation safeguarding products and services through its Safety Products Group. STI's Optical Sensor Division (OSD) provides safety products that are used to protect workers around machinery, automated equipment and industrial robots. Our products serve a wide variety of applications and markets, including semiconductor, automotive, electronics manufacturing, packaging and consumer markets. STI's Machine Services Division (MSD) provides safety services such as: safeguarding equipment installations, machine safety assessments, and the design and fabrication of custom guarding solutions. MSD specializes in machinery services including the repair, relocation, installation and service of fabricating machinery. MSD serves customers in a variety of industries, including metal fabrication, aerospace, electronics, building materials, automotive and food processing. Our web site is located at www.sti.com STI's Automation Products Group serves the factory automation, semiconductor, transportation, oil and gas, consumer and food processing industries with a diversified offering of sensing technologies. Products include level, flow, pressure sensing, positioning transducers, vehicle separation, profiling and ultrasonic sensors and controls. Further information is available at the Group's web sites: www.automationsensors.com, and www.stiscanners.com. Forward-Looking Statements Certain statements in this press release, including statements regarding the estimated size of the machine safeguarding equipment market, expected growth of the market for laser scanner products, and anticipated uses and applications of STI's laser scanner products are forward-looking statements that are subject to risks and uncertainties. These risks and uncertainties, which could cause STI's results to differ materially from the forward-looking statements, include: economic and political conditions in domestic and international markets; declining market demand for laser scanners or industrial safety and security products generally; introduction of or increased demand for alternative products; potential errors, defects, design flaws or other problems with STI's laser scanner products; volatility in supply and demand for STI's products which would adversely affect sales and market prices; changes in regulations relating to industrial safety and security products and the other risks detailed from time to time in STI's Securities and Exchange Commission filings and reports, including STI's annual report filed on Form 10-K and quarterly reports filed on Form 10-Q. STI disclaims any obligation to update information contained in any forward-looking statement. For more information contact: Scientific Technologies Inc., 6550 Dumbarton Circle, Fremont, CA 94555; 800-479-3658; 510-608-3400; fax: 510-744-1442; Fax Back System: 916-431-6544; E-mail: sales@sti.com; Web site: www.sti.com.
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