Accutest Laboratories Announces the Acquisition of SouthWest Water`s Analytical Testing Operations

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Mon Apr 20, 2009 1:26am EDT

DAYTON, N.J.--(Business Wire)--
Accutest Corporation, the third largest operator of environmental testing
laboratories in the United States, has announced the acquisition of SouthWest
Water Company`s water testing business, based in Houston, Texas. SouthWest Water
is a publicly traded company on the NASDAQ (Symbol: SWWC) which provides water,
wastewater, and public works services principally in the southwestern United
States. 

Accutest President and CEO Vincent J. Pugliese commented on the acquisition. "We
are very pleased to announce that SouthWest`s lab operation will join our
existing Houston operations, and assist in our expansion plans within EPA Region
6. Together with the dedicated employees of SouthWest, we plan to build a
stronger and more diverse presence in this key market area." 

Mark Swatek, Chief Executive Officer of SouthWest Water Company said, "This
divestiture represents another step in our corporate efforts to focus our
business on our core water and wastewater treatment operations. We look forward
to teaming with Accutest, to continue to provide our Texas customers with
superior analytical testing services." 

CEO Pugliese added, "We continue to implement our strategy of building Accutest
into a leading national company, with facilities in all the key market regions
of the country. This acquisition represents another step in Accutest`s expansion
goals." 

The terms of the transaction were not publicly disclosed. Steve Maxwell of
TechKNOWLEDGEy Strategic Group, Boulder, Colorado initiated this transaction and
served as advisor to SouthWest Water. 

About Accutest

Accutest is a rapidly growing, environmental testing provider focused on
quality, customer service and superior electronic data deliverables. Accutest is
a full service, independent testing laboratory successfully delivering legally
defensible data for more than 50 years. Accutest provides a full range of water,
soil and air testing services to industrial, engineering/consulting and
government clients throughout the United States. Resources include a staff of
420 and more than 140,000 square feet of laboratory space. Accutest partnered
with Bolder Capital, LLC in May of 2007. 





Accutest Corporation
Bob Harris, 732-329-0200
Vice President of Business Development
roberth@accutest.com
www.accutest.com

Copyright Business Wire 2009

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