SPX Service Solutions Acquires Rights to G5 Electronics' Tire Pressure Monitoring Technology

SPX Service Solutions Acquires Rights to G5 Electronics' Tire Pressure Monitoring Technology

CHARLOTTE, N.C., May 16 /PRNewswire-FirstCall/ -- SPX Corporation (NYSE:SPW) today announced that it has acquired from G5 Electronics LLC of Auburn Hills, Michigan, the intellectual property and worldwide distribution rights to G5's tire pressure monitoring technology.

David Kowalski, President of the SPX Test and Measurement Segment, which includes the SPX Service Solutions business, said: "G5 is a leading supplier and innovator of hand held tire pressure monitoring system (TPMS) tools and is a great fit with our own existing TPMS technology, allowing SPX to offer a broad range of TPMS solutions to this fast-growing segment of the vehicle repair industry."

SPX Service Solutions designs, manufactures and markets a fully integrated family of global brands providing special service tools, advanced diagnostic and shop equipment and technical information for vehicle servicing and maintenance.

SPX Corporation is a global provider of technical products and systems, industrial products and services, flow technology, cooling technologies and services, and service solutions. The Internet address for SPX Corporation's home page is www.spx.com.

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