UNR INDUSTRIES, INC. ANNOUNCES ACQUISITION OF REAL TIME SOLUTIONS, INC.
CHICAGO, April 27 /PRNewswire/ -- UNR Industries, Inc. (NASDAQ: UNRI; Midwest) announced today the acquisition of Real Time Solutions, Inc. ("RTS"). RTS, located in Berkeley and Napa, Calif., provides automated inventory management products to the warehouse and distribution industry. Their primary product is a light-directed display-based inventory picking, sorting, packing and shipping system called "EASYpick." UNR's Unarco Material Handling Division has had an exclusive marketing arrangement with RTS for the "EASYpick" product since 1989. UNR President and CEO Thomas A. Gildehaus stated "By acquiring RTS, UNR and its Unarco Material Handling Division bring in house the leading light-based paperless picking system in the market and a group of highly experienced and capable designers of automated inventory management and control systems. RTS has an outstanding growth and profit record over the past several years and we fully expect that growth and profitability to continue in the years ahead. The addition of RTS's capabilities to our Unarco Material Handling Division will also improve their capability to meet the total needs of their customers in the distribution sector of our economy." UNR Industries, Inc. is a diversified company producing welded steel tubing, shopping carts, stainless steel sinks, towers and shelters for communication and other uses, and material handling products and systems. -0- 4/27/93 /CONTACT: Henry Grey of UNR Industries, 312-341-1234/ (UNRI)
CO: UNR Industries, Inc.; Real Time Solutions, Inc. ST: Illinois, California IN: SU: TNM
SM -- DE039 -- 1586 04/27/93 16:30 EDT
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|Date:||Apr 27, 1993|
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