Photo Control Announces Acquisition

Photo Control Announces Acquisition 


MINNEAPOLIS, Jan. 6  /PRNewswire-FirstCall/ -- Photo Control Corporation  --
Photo Control has purchased all the assets and rights for the Vaddio product
line used in the video conferencing and presentation industry from Vaddio LLC
and Rob Sheeley of Minneapolis, MN.  The purchase price for these assets was
$450,000 in cash, 50,000 shares of Photo Control common stock and the assumption
of approximately $70,000 of liabilities. Photo Control will provide significant
infrastructure to support the rapid growth of the Vaddio product line and the
expanding sales and marketing efforts of Vaddio.  Effective January 5, 2004, Rob
Sheeley and the entire Vaddio staff will become employees of Photo Control.

Rob Sheeley, President and CEO of Vaddio, stated:  "We are pleased to have
reached an agreement with Photo Control in which the Vaddio products will
continue to flourish in a larger environment.  Photo Control has an excellent
reputation for innovative, high quality products.  Vaddio expands Photo
Control's product line and gives Photo Control Corporation new markets in video
conferencing and presentation."

Curt Jackels, President and CEO of Photo Control, commented:  "This is a major
step in our plans to expand the business areas we serve, and we have gone beyond
the professional photographic equipment industry.  It's exciting, and I am
confident Vaddio will be a valuable addition for us.  We will continue to grow
the existing relationships Vaddio has developed world-wide, as well as expand
the Audio-Visual integration channel." 

DATASOURCE: Photo Control Corporation



CONTACT:  Rob Sheeley of Vaddio LLC, [phone], or Curt Jackels of

Photo Control Corporation, [phone]



Web site:  http://www.vaddio.com/

http://www.photo-control.com/ 

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