AMEX, SLI - Standard Lithium Ltd
The Company, through its subsidiaries, designs, manufactures and markets power
electronics, motion control, power protection and specialized communication
equipment that is used in a variety of medical, commercial and military
aerospace, computer, datacom, industrial, telecom, transportation and electric
power utility equipment applications. Its products are generally incorporated
into larger systems to increase operating safety, reliability and efficiency.
The Company?s products are largely sold to Original Equipment Manufacturers
(?OEMs?), the electric power utility industry and, to a lesser extent, to
commercial distributors.
On October 31, 2006, the Company completed the acquisition of MTE Corporation
(?MTE?) for $15,671,000, net of cash acquired. The acquisition was financed
under the Company?s existing Revolving Credit Facility, as defined below. ...
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