BEI Technologies, Inc. Announces Acquisition of Newall Measurement Systems

BEI Technologies, Inc. Announces Acquisition of Newall
Measurement Systems 


SAN FRANCISCO, Oct. 12  /PRNewswire-FirstCall/ -- BEI Technologies, Inc.
(NASDAQ:BEIQ) is pleased to announce that it has acquired for cash, Newall
Measurement Systems, Ltd., a leading manufacturer of proprietary products
including high quality digital readout systems (DRO) and digital linear
encoders.  Newall, which is based in the United Kingdom, serves machine tool
and process automation markets in North America, Asia and Europe.

"We are excited about this acquisition because we believe the addition of the
DRO and digital linear encoder products will be a natural extension of BEI's
product portfolio.  Also, there may be significant market opportunities for
Newall products with BEI's current customers and markets," commented Charles
Crocker, Chairman and CEO.

The acquisition of Newall should be accretive by the end of the fiscal year
2005.  Newall's annual revenue is in the $12 million range, and the company has
been profitable over the last several years.

BEI Technologies, Inc. (the "Company" or "Technologies") is an established
manufacturer of electronic sensors, motors, actuators, optical encoders and
motion control products used for factory and office automation, medical
equipment, military, aviation and space systems.  In addition, sales to
manufacturers of transportation equipment including automobiles, trucks and
off-road equipment have become a significant addition to the Company's business
in recent years. The Company's micromachined quartz rate sensors are being used
in advanced vehicle stability control systems and a significant increase in the
production of those sensors had been in progress from the middle of 1998 to FY
2004 except for a decrease in production in fiscal 2002 due to increased
competition.  The Company is currently transitioning to its next generation of
automotive inertial quartz based sensor products, remotely mounted multi-sensor
clusters with CAN Bus and a multi rate sensor package suitable for
incorporation into electronic systems modules.  The Company also manufactures
electronic steering wheel position sensors, seat-memory modules, throttle
position sensors, inertial navigation systems, and other devices used in
transportation systems. 

DATASOURCE: BEI Technologies, Inc.



CONTACT:  John LaBoskey, Senior Vice President/CFO of BEI Technologies,

Inc., [phone]



Web site:  http://www.bei-tech.com/ 

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