Dan Herron
Voice: 480.966.2221 Ext. 325
Email: danh@covid.com
October 15, 2007 – TEMPE, AZ - Covid, Inc. today announced that it has completed it’s acquisition of Janna Precision, Inc., a pioneer in the manufactured wall plate and panel business. Products from Janna Precision are custom build high-quality wall plates and panels for use in almost any environment. Covid purchased the privately held Janna Precision of Phoenix, Arizona for cash considerations plus possible performance-based payments. Janna Precision has worked to establish itself within the Audio/Video industry, delivering high end products throughout the world.
"With the acquisition of Janna, Covid is building on our foundation of innovation in the ever expanding Audio/Video business," said Norm Carson, President of Covid. "Our focus is on our clients who want the highest possible quality in their products, delivered to them quickly and affordably. Janna Precision compliments Covid’s existing products and we are very enthusiastic about broadening our development efforts with the inclusion of the Janna team."
Led by Jerry Lowe, Director of Engineering and Sales, the Janna team will become a distinct group within Covid’s business unit. "Janna has been very successful in delivering premium-quality Wall Plates and Panels. We now have the opportunity to leverage the marketing, sales, distribution, supply chain, manufacturing and engineering resources of a company that shares our passion for innovation in the Audio/Video Industry, and that will help us reach a wide range of clients,” said Jerry Lowe. “We're very excited about joining the Covid team to continue to shape the future of our industry."
About Covid, Inc.
Covid, Inc. has been in the business of designing and manufacturing A/V integration products for 25 years. Since the inception of the first universal interface, Covid has actively responded to the industry it began with this revolutionary video product.
Covid has earned its worldwide reputation for performance and reliability in the Audio Visual industry by delivering high quality, easy to use products at affordable prices. This reputation has led us to become the leading quality source for all your integration solution requirements.
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