Del Global Technologies Announces the Sale of Its Del Medical Imaging Business to U.M.G., Inc.

Posted on: Wed, 25 Nov 2009 17:19:00 EST


Symbols: DGTC
ROSELLE, Ill., Nov 25, 2009 (BUSINESS WIRE) --
DGTC | Quote | Chart | News | PowerRating -- Del Global Technologies Corp. (OTCBB: DGTC | Quote | Chart | News | PowerRating) ("Del Global" or "the
Company") and UMG, INC. ("UMG") have completed the transaction to sell
certain assets and the product lines of Del Medical Imaging from Del
Global to UMG. The transfer of ownership was finalized on November 24,
2009. The name of the new entity is Del Medical, Inc. and will remain at
its current location in Roselle, IL.

"UMG intends to continue to run Del Medical, Inc. as a wholly-owned
subsidiary, enhance the existing product line and maintain the
collective current channels of distribution. We are proud to bring the
Del Medical product lines under the UMG umbrella. We will continue to
offer the same quality and reliability of Del Medical products that our
customers have come to expect. Please visit us at this years RSNA in the
South Hall at Del Booth # 3247 and UMG Booth # 6408." says Toufic
Lorenzo, President & CEO of UMG.

"We are pleased that we have found a home with UMG for the Del Medical
U.S. imaging business that will provide for it to grow and prosper. The
transaction does not include our Villa subsidiary in Italy," said John
Quicke, President and CEO of Del Global. He added, "Del Global will now
focus its efforts on growing Villa in the international imaging markets
and the power supply business through its RFI business unit. The
Company's headquarters will be moved from Chicago to RFI's facility in
Bay Shore, NY."

ABOUT DEL GLOBAL TECHNOLOGIES

Del Global Technologies Corp. is primarily engaged in the design,
manufacture and marketing of high performance diagnostic imaging systems
for medical and dental applications through its Milan, Italy based Villa
Sistemi Medicali S.p.A. business. The Company offers a broad portfolio
of general radiographic, radiographic/fluoroscopic, portable x-ray and
digital radiographic systems to the global marketplace. Through its RFI
subsidiary, Del Global manufactures proprietary high-voltage power
conversion subsystems including electronic filters, high voltage
capacitors, pulse modulators, transformers and reactors, and a variety
of other products designed for industrial, medical, military and other
commercial applications. The Company's web site is www.delglobal.com.

ABOUT U.M.G., INC.

UMG Inc., a privately held company headquartered in Harrison, New York,
is a master distributor of digital and analog medical imaging products
to the private practice, non-hospital, market place. It distributes
FujiFilm USA medical x-ray film and Computed Radiography (CR) systems,
Konica-Minolta CR systems, UltraRad PACS products, and Carestream
medical x-ray film to a network of over 350 U.S. imaging dealers. In
addition to its medical products, UMG also private labels dental x-ray
film for major U.S. dental distributors. The company has been involved
in the medical x-ray business since its formation in 1985. Requests for
information regarding UMG Inc. should be directed to info@umgxray.com

Statements about future results made in this release may constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements are based on current
expectations and the current economic environment. Del Global cautions
that these statements are not guarantees of future performance. These
statements involve a number of risks and uncertainties that are
difficult to predict, including, but not limited to: the ability of Del
Global to introduce products as scheduled; obtaining necessary product
certification; implement its business plan; retention of management;
changing industry and competitive conditions; obtaining anticipated
operating efficiencies; securing necessary capital facilities; favorable
determinations in various legal matters; market and operating risks from
foreign currency exchange exposures; and favorable general economic
conditions. Actual results could differ materially from those expressed
or implied in the forward-looking statements. Important assumptions and
other important factors that could cause actual results to differ
materially from those in the forward-looking statements are specified in
the Company's filings with the Securities and Exchange Commission.

SOURCE: Del Global Technologies Corp.


DEL GLOBAL TECHNOLOGIES CORP.
John J. Quicke
Chief Executive Officer
(847) 288-7065
or
Mark A. Zorko
Chief Financial Officer
(847) 288-7003
or
U.M.G., Inc.
Toufic Lorenzo
Chief Executive Officer
914.835.4600

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