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Labsphere Takes Halma Company of the Year Prize

Date Announced: 31 May 2011

Parent company recognizes success of light metrology firm in expanding markets.

North Sutton, New Hampshire (May 31, 2011) – Labsphere, Inc. has been named Company of the Year by its parent company, UK-based Halma p.l.c. The annual award recognizes the company with the best all around performance of the 40 Halma group companies worldwide. While one of the criteria is significant growth in sales and profits, the award also takes into account good governance and overall management of engineering and manufacturing.

Labsphere is a world leader in integrating sphere system technology with global customers seeking quality solutions for light measurement, remote sensing, reflectance spectroscopy, and optical coatings and materials. Founded in 1979, the company has grown annually and received numerous awards for innovation and technological advancements in the field of photonics.

“Since being acquired by Halma in 2007, Labsphere has made great strides in overcoming global economic turmoil to achieve record sales and earnings during the last two years,” noted Kevin Chittim, President of Labsphere for the past four years. “More important are the substantial investments in automation, process improvement, and people development (for which we also received the top corporate award). It is both a humbling and uplifting occasion to be singled out as the best-of-the-best in the Halma family of companies.”

Chittim accepted the award alongside Dr. Peter Weitzman, Vice President of Sales and Marketing at Labsphere for the past three years and current interim President. In addition to the Company of the Year Award, Halma recognized Labsphere for two other achievements: Organic Sales Growth and People Development. The company has demonstrated a continuous investment in personnel development and innovation, resulting in improvements to its manufacturing operations and world class customer service.

Source: Labsphere

Contact

Peter Weitzman
Tel: +1 603.927.4266 x2123

E-mail: pweitzman@labsphere.com

Web Site: www.labsphere.com

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