Azima Acquires DLI Engineering

WOBURN, MA -- Azima Holdings Inc., an innovation leader in the delivery of condition monitoring services, announced it has acquired Washington state-based DLI Engineering, a pioneer in vibration-based condition analysis. The combined entity, Azima DLI, becomes the "market leader in predictive machine maintenance measured by geographic and industry reach, customer base, and concentration of experienced vibration analysts." Azima DLI provides services to two of the industry's largest customers, Air Liquide and the U.S. Navy. The acquisition was completed on September 30, 2008.

The combined strengths of Azima DLI will benefit its customers with one-stop shopping for all their condition-monitoring needs. World-class experts, advanced remote-monitoring capabilities, and proven solutions make Azima DLI the partner of choice for companies seeking better equipment reliability, increased operational efficiencies, and decreased costs associated with maintenance and unscheduled downtime.

"The acquisition of DLI Engineering allows us to deliver a revolutionary value proposition to our customers," said Jonathan Hakim, President and CEO, Azima DLI. "By joining Azima's continuous remote monitoring, data analysis, and advanced diagnostic capabilities with DLI's sophisticated technologies, global reach, and excellent brand recognition, we have created the most innovative and technologically-advanced company in the predictive-maintenance market."

DLI Engineering has 42 years of expertise developing automated machine diagnostics that extend Azima's sophisticated remote monitoring, wireless, and web-based portal software and services. It also brings global expertise in markets such as aerospace, automotive, food, military and maritime, pharmaceutical, and wind power that complement Azima's footprint in the industrial gases, oil and gas, paper, power, and steel industries.

About DLI Engineering
DLI Engineering has been a pioneer of many of the methods of predictive maintenance and machinery-vibration analysis used today. For 42 years, the company has implemented the largest and most successful condition-monitoring programs in the world. DLI is the developer of the "industry's most effective, automated vibration diagnostic system for machinery condition assessment," available in its portable data collectors and online monitoring systems. DLI engineers travel the world solving machinery and structural problems for top industrial and commercial firms, government agencies, and utilities. The company is headquartered in Washington state.

About Azima
Azima Holdings Inc. is an innovation leader in the delivery of condition-monitoring services. The company uses industry experts and its unique Advantage web portal to deliver timely information and advice about equipment condition, either in a single plant or across the enterprise. Azima lowers production risk, reduces maintenance costs, and increases reliability. Azima provides a complete service offering that includes onsite and remote vibration monitoring, thermography, lube oil analysis, motor and battery testing, reciprocating compressor monitoring, and advanced diagnostic services. Azima is a reliability partner for many Fortune 100 and Fortune 500 industrial companies. The company is headquartered in Woburn, MA, with offices across the country.

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