Acument Global Technologies Acquires Saturn Fasteners of Burbank, Calif.

Wed Apr 2, 2008 11:27am EDT

* Reuters is not responsible for the content in this press release.

--  Acquisition Continues Acument's Reemergence as Aerospace
        Fastener Supplier

   --  Saturn Operation Addresses Strong Industry Demand For Threaded
BURBANK, Calif.--(Business Wire)--
One week after launching its new Camcar(R) Aerospace operation in
Rockford, Ill., Acument Global Technologies, Inc. (Acument) today
announced it has acquired Saturn Fasteners, Inc., to augment and
strengthen its capabilities in the high-performance aerospace threaded
fastener market.

   Based in Burbank, Calif., Saturn Fasteners employs more than 100
people in support of its more than 300 global customers, including
aerospace fastening distributors, original equipment manufacturers,
and their suppliers.

   "The Saturn team's strong focus on customer service and quality
make the company a key component of Acument's re-emergence as an
aerospace threaded fastening supplier," said Martin Schnurr, vice
president and general manager of Acument North America. "Together with
our newly launched Camcar Aerospace operation in Illinois, Saturn
demonstrates our commitment to the aerospace industry and establishes
a solid foundation for addressing the shortage of specialty threaded
fasteners created by the dramatic ramp-up in global aircraft

   In addition to its well-established global customer base, Saturn
gives Acument a local presence in Southern California's growing
aerospace community, Schnurr said. Terms of the acquisition were not
disclosed. For more information on Saturn Fasteners, visit its

   About Acument Global Technologies, Inc.

   Headquartered in Troy, Mich., USA, Acument Global Technologies,
Inc., is among the world's leading providers of mechanical fastening
systems and value-based fastening solutions, including engineered
fastening systems, state-of-the-art fastening installation technology,
and inventory management and application engineering services. With
about 8,500 employees in 17 countries worldwide, the company supplies
fastening products, systems and services to customers in more than 150
countries. For more information about Acument Global Technologies:

Acument Global Technologies, Inc.
Timothy G. Weir, APR, 248-813-6329

Copyright Business Wire 2008
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