AC Surge Protection Makers SurgeX, ESP Merge

SurgeX, a leading manufacturer of AC surge elimination and power
conditioning products for the professional audio, video, broadcast and
multimedia industries, has merged its North
American operations with Electronic Systems Protection, Inc. (ESP), a
leading original equipment manufacturer of power protection technology.

The
announcement reaffirms SurgeX’s position as the leading brand of power
protection for the ProAV market and is a strategic addition to ESP’s
power protection business. The merger will extend ESP’s product line
capabilities and will enable SurgeX to both expand within existing
markets and penetrate new markets utilizing ESP’s resources and
expanded distribution. SurgeX management will join the ESP team and by
late January all product manufacturing will be consolidated into ESP’s
facility in Zebulon, NC.

 Michael McCook, SurgeX senior
principal and owner of New Frontier Electronics, Inc., noted: “This is
an exciting milestone for our company and we are eager to work with
ESP. ESP is an excellent company and this merger will allow SurgeX to
offer our customers and partners expanded resources, sales and
marketing expertise, enhanced product solutions, expanded manufacturing
capabilities and broader engineering resources. I look forward to
working together with ESP to ensure a rapid and seamless transition and
to continue building the SurgeX brand for years to come.”

“SurgeX’s
product offerings along with its position in the ProAV market make it
an ideal fit for our company,” stated Steve Cole, president of ESP.
“SurgeX’s solutions, talent and customers complement ESP’s business and
extend our ability to deliver compelling products and services to new
industries. As a result of this acquisition, SurgeX’s diverse product
line, and ESP’s manufacturing expertise, we will be able to expand into
new markets as the premier provider of power protection solutions.”