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FOR IMMEDIATE RELEASE Carter Morse & Mathias
Announces Sale of Nutfield Technology Division
SOUTHPORT,
Connecticut, November 14, 2007 -- Carter Morse & Mathias today announced
that Nutfield Technology, Inc. has sold its Laser Division to an undisclosed
strategic acquirer. Nutfield is a leading designer and manufacturer of
electro-optical components, software and sub-systems used to rapidly and
accurately control laser beam position and power. The Company is based in
Windham, New Hampshire and is institutionally backed by Venture Capital Fund of
New England. Carter Morse & Mathias was Nutfield's exclusive financial
advisor in arranging and advising on this transaction. The
terms of the transaction were not disclosed.
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Carter
Morse & Mathias is a regional investment
banking firm, founded in 1987 and
headquartered in Southport, Connecticut.
It specializes in merger and
acquisition advisory activities, raising
private capital from institutional
investors, venture development services, and
business valuations for entrepreneurial
companies in New
England.
For more information about Carter
Morse & Mathias, please visit.
www.cartermorse.com.
For more information, contact Frank Morse, Managing Director, (203) 254-3333,
x223.
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