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LPS Technologies Acquires Anakenesis

January 23, 2007

LPS Technologies, a provider of primary charge rollers, magnetic roller sleeves, cleaners and test equipment has acquired the assets of Anakenesis Inc.

Anakenesis has for 15 years provided the cartridge remanufacturing industry with new ways of salvaging, testing, and resembling laser printer cartridges, and invented the swab coating system in addition to the QuiCoat Express coating system.

“The advanced technology’s very talented team is a welcome addition to LPS Technologies manufacturing business and a key element in fulfilling our strategy to expand our presence in the cartridge remanufacturing industry,” said Jim Foster of Anakenesis.

LPS technologies is especially impressed with Anakenesis’ production machine development and chemical formulating expertise.

“This is an emerging market opportunity with the increased demand for fast turn around placed on the cartridge remanufacturer today,” said CEO Bob Mills. “LPS Technologies manufacturing and Anakenesis development capabilities complement each other quite nicely, combining LPS technologies coating production with Aakenesis coating formulation and machine development. This combined effort will provide a complete spectrum of industrial systems, custom high-performance integration solutions and specialty products to the cartridge remanufacturing industry.”

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