News from Metrologic - One of our manufacturers

2007-01-17T03:27:00.000-08:00

Metrologic Announces Completion of Acquisition by Investor Group Led by Francisco Partners.
Metrologic to Begin Operations as Privately Held Company
Blackwood, New Jersey – December 21, 2006 -- Metrologic Instruments, Inc. (NASDAQ-GS:MTLG), a leading provider of data capture and collection hardware and software, today announced the completion of its acquisition by a group of investors led by Francisco Partners, one of the world’s largest technology-focused private equity funds. C. Harry Knowles, Founder and CEO of Metrologic, and Elliott Associates, L.P., a leading multi-strategy hedge fund, invested alongside Francisco Partners to complete the acquisition. Under the terms of the merger agreement, Metrologic shareholders are entitled to receive $18.50 per share in cash, without interest, for each share of Metrologic common stock that they hold.
“We are very pleased to have completed this transaction, which we believe has provided great value to our shareholders,” said Knowles. “We believe that the acquisition will strengthen Metrologic’s ability to meet the expectations of our partners, employees and customers. We look forward to partnering with Francisco Partners and Elliott Associates, and taking advantage of their industry expertise, extensive analytical skills and financial strength to more fully execute our strategic vision. ” Dipanjan Deb, co-founder and managing partner of Francisco Partners, commented: “We are excited about moving forward in our partnership with Metrologic, a leader in the automatic identification industry with a strong track record of growth, innovative engineering, leading manufacturing and a worldwide distribution network. We look forward to working closely with management to continue to provide high quality services and superior products to the company’s customers.” “We are pleased to enable Metrologic to progress as an innovative leader in the automatic identification industry,” added Jesse Cohn of Elliott Associates. “We look forward to continuing our ownership alongside Francisco Partners, which has outstanding technology expertise, and working with Harry and his current management team to move the company forward.”Metrologic common stock will cease to trade on the NASDAQ Global Select Market at market close today and will be delisted. As soon as practicable, a paying agent appointed by Metrologic will mail a letter of transmittal and instructions to all Metrologic shareholders of record as of the closing. The letter of transmittal and instructions will contain information on how to surrender Metrologic common stock in exchange for the merger consideration. Shareholders of record should wait to receive the letter of transmittal before surrendering their shares. Shareholders who hold shares through a bank or broker will not have to take any action to have their shares converted into cash as such conversions will be handled by the bank or broker.About MetrologicMetrologic Instruments, Inc. is a global supplier of choice for data capture and collection hardware and software. Metrologic has been delivering innovative, quality products that are cost effective, reliable and supported by the highest level of personal service for nearly 40 years. Metrologic products are sold worldwide through Metrologic's sales, service and distribution offices located in The Americas, EMEA and Asia/Pacific. Metrologic provides its customers not only with a great deal, but a great deal more. For more information please call 1-800-667-8400 or visit www.metrologic.com.About Francisco PartnersWith approximately $5 billion of committed capital, Francisco Partners is one of the world's largest technology-focused private equity funds. The firm was founded to pursue structured investments in technology companies and targets investments in private companies, public companies, and divisions of public companies, with transaction values ranging from $30 million to $2.0 billion. The principals of Francisco Partners have a proven track record, having invested in more than 50 technology companies. For additional information, visit www.franciscopartners.com.About Elliott Associates Elliott Associates, L.P. and its sister fund, Elliott International, L.P. have more than $7 billion of capital under management. Founded in 1977, Elliott is one of the oldest hedge funds under continuous management.

Our team is expanding

2007-01-17T03:25:00.000-08:00

15 staff members are now part of PC Cubed. Exciting times ahead for PC Cubed.

The very best of luck to our resellers in 2007.

Happy Christmas

2006-12-07T03:15:00.000-08:00

Too all our customers - have a great Christmas and all the best for the New Year

Arnotts Technology Upgrade

2006-11-08T06:35:00.000-08:00

Major department store implements advanced touchscreen technology to enhance the customer experience

Arnotts, Ireland’s oldest and largest department store, has implemented a new EPoS system featuring Epson’s IR-700 and software from Oracle. Epsons range of products is distributed in Ireland by PC Cubed, a Bray based specialist hardware distributor of EPoS and Mobile solutions. Recently undergoing redevelopment and extension, Arnotts chose Epson’s latest Intelligent Register system, for fast, reliable and efficient customer service at the point of sale and to reflect the contemporary and modern store environment.

Having previously rolled-out a fully integrated inventory, warehousing and merchandise management system, Arnotts also decided to upgrade its points of sale in order to ensure maximum reliability and efficiency. “With more than one million products on offer, reliable IT is paramount to an efficient and smooth point of sale,” explained Paul Dickson, director of information systems at Arnotts. “We needed to feel totally secure that any hardware we implemented was up to the challenge, but at the same time was totally user-friendly.” The units are distributed in Ireland by trade only distributor PC Cubed.

PC Cubed enhances barcode scanner range

2006-11-03T06:35:00.000-08:00

The Metrologic Fusion barcode scanner is set to give cashiers more control during menu scanning applications. This new scanner was recently used at Irelands Oxygen event. The cleaning management company used the new scanner to manage staff throughout the large venue.

PC Cubed start to Blog!

2006-11-03T06:21:00.000-08:00