Released: 01/10/2009

com:20091001:RnsA0265A
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RNS Number : 0265A  
  
Johnson Matthey PLC  
  
01 October 2009  
  
For release at 7.00 am on Thursday 1st October 2009  
  
Johnson Matthey Buys Applied Utility Systems  
  
Johnson Matthey announced today that it has purchased the assets of Applied 
Utility Systems Inc. from Catalytic Solutions Inc. for US $8.5 million in cash 
plus US $1.5 million subject to certain contingencies.    
  
Applied Utility Systems (AUS) is located in Southern California and employs 20 
people. It designs and supplies selective catalytic reduction (SCR) systems for 
controlling emissions of oxides of nitrogen (NOx) in a wide range of 
applications.  These include gas turbines for power generation, industrial 
boilers, steam generators and process heaters, all of which are subject to 
increasingly strict emissions standards around the world.    
  
The acquisition of AUS establishes Johnson Matthey's Stationary Emissions 
Control (SEC) business as a SCR system supplier in these market segments, 
complementing its existing NOx emission control business activities for coal 
fired power plants, process industries and internal combustion engines for power 
generation and marine applications. It will enable Johnson Matthey to increase 
its sales of catalysts and emission control systems into the growing global 
market for NOx control and to expand the range of applications that its SEC 
business serves.    
  
Commenting on the transaction, Neil Carson, Chief Executive of Johnson Matthey 
said:  "The acquisition of Applied Utility Systems is a further step in our 
strategy of making bolt-on acquisitions in our core business area of 
environmental technologies. It will enhance the capability of our Stationary 
Emissions Control business to serve a greater range of applications for 
controlling harmful NOx emissions."    
  
Enquiries:    
  
 
  Ian Godwin     Director, IR and Corporate Communications   020 7269 8410  
  Sally Jones    Public Relations Manager                    020 7269 8407  
  Howard Lee     The HeadLand Consultancy                    020 7367 5225  
  Dudley White   The HeadLand Consultancy                    020 7367 5226  
  
  
www.matthey.com   
  
 
This information is provided by RNS  
  
The company news service from the London Stock Exchange  
  
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