MTTS-Turing Softwares founded in 1997, became a part of the METTLER TOLEDO group in 2001. Today MTTS is involved in several critical projects across multiple METTLER TOLEDO divisions. MTTS architects and engineers design and develop the software for MT products all over the globe. The mission of MTTS is to develop software that holistically meets the quality requirements of METTLER TOLEDO divisions in a timely and efficient manner. MTTS works on Laboratory, Industrial and Retail projects and also for projects in Process Analytics. Moreover they develop customer specific upgrades to existing software. The group also offers verification and validation services to software developed at other METTLER TOLEDO locations. MTTS applies a customized, agile based development process that allows development in iterations. With a belief in a flat, solution focused work environment there is a direct, unhindered flow of knowledge from senior engineers to budding enthusiasts. MTTS works in close knit teams, with all team members exposed to the nuances of the software product. More than 75% of the software engineers have a Master’s degree in Computer Science or Electronics Engineering along with two Doctorates in Computer. The employees at MTTS contribute their skills to develop world-class products used in demanding scenarios. Collaborating with a global company like METTLER TOLEDO provides opportunities to work with international centers and travel globally.

Greifensee, Switzerland, June 2, 1997

Mettler-Toledo Holding, Inc. (OTC: METTOL) announced today that it has acquired Safeline Limited. Safeline, based in Manchester, U.K., is the world’s leading supplier of metal detection systems. Metal detectors are an integral part of the safety and quality control efforts of companies who produce and package goods in the food, pharmaceutical, cosmetics, chemicals and other industries. The company has reported sales of GBP 28.6 million (USD 46.4 million) and operating profits before non-recurring costs of GBP 6.7 million (USD 11.0 million) for its fiscal year ended March 31, 1997.

The acquisition of Safeline, when combined with METTLER TOLEDO’s market leading product lines will anchor the Company’s sales to industrial markets in the high-growth, high-margin quality control applications segment. Together with Safeline, METTLER TOLEDO will provide integrated solutions for product quality data management and statistical process control for the production, filling and packaging applications of its customers.

Robert F. Spoerry, Chief Executive Officer of METTLER TOLEDO, stated, "This acquisition supports the Company’s strategy to offer comprehensive solutions for our customers by selectively investing in related technologies. We are convinced that our customers will look favorably on this combination which brings together the market leading technologies of Safeline’s metal detection systems with our own market leading industrial product lines. Our customers will benefit from integrated solutions which will improve the efficiency of their processes and increase product quality and safety."

"We are also pleased to announce that the entire executive team at Safeline has agreed to stay with the company. We welcome the employees of Safeline to the METTLER TOLEDO family", said Mr. Spoerry.

METTLER TOLEDO also announced the completion of a new credit facility to acquire Safeline and refinance its existing bank debt. The Company disclosed that the new facility provides for interest rates substantially below the existing facility. "The new credit facility demonstrates the confidence the financial community has placed in our company and its employees. We are especially pleased that this could be accomplished so soon after our employee buy-out sponsored by AEA investors, and in conjunction with a significant investment such as Safeline," said Mr. Spoerry in closing. The Company also reported that it would record a non-cash extraordinary charge for the quarter ended June 30, 1997 to write-off financing costs associated with its previous credit facility. In addition, the Company disclosed that it expected to record additional charges in 1997, primarily non-cash, for purchase accounting and other acquisition related items. The amounts associated with these charges have not been determined but the Company expects only the non-cash charges to be significant.

METTLER TOLEDO is the world’s largest manufacturer and marketer of weighing instruments for use in laboratory, industrial and food retailing applications and a leading provider of related laboratory analytical instruments. The company focuses on the high value-added segments of the weighing instruments market by providing solutions for specific applications. METTLER TOLEDO, which became an independent company through an employee buy-out sponsored by AEA Investors Inc., New York (NY) in October 1996, services a worldwide customer base in over one hundred countries primarily through wholly-owned subsidiaries, and includes manufacturing sites in the United States, Asia and Europe. The Company has annual revenues of approximately $900 million and more than 6’000 employees worldwide. Its Senior Subordinated Notes are traded "over the counter" in the United States under the symbol "METTOL".

Contact: William P. Donnelly, Chief Financial Officer
Phone: +41 1 944 2262
Fax: +41 1 944 3150

Dr. Erhard Mettler, a Swiss engineer, started a precision mechanics company in Küsnacht, Switzerland.He invented the substitution principle with a single-pan balance, capable of being produced in series. Analytical balances with a single weighing pan gradually replaced conventional two-pan balances in the laboratory. METTLER TOLEDO was sold by Ciba-Geigy AG to the New York-based AEA Investors Inc., in preparation for a subsequent initial public offering. We completed our initial public offering and began trading on the New York Stock Exchange

The measurement of up to one ten-millionth of a gram became possible. "The Mettler Balance" proved to be a catchphrase in the laboratory. Consequently, with the advancement of microprocessor technology, various new applications broadened our field of activity. Successive innovations led to a wide range of products for the laboratory, like automated titrators and thermal analyzers, and also to various products for customers in the manufacturing industries. Simultaneously, our sales and service network was further expanded on a global basis.

The company known as Mettler Instrumente AG introduced the first-ever fully electronic precision balance, the PT1200. This model was the first electronic balance in the world to be awarded official certification in the highest class of accuracy (Class 1). It marked the beginning of the electronic age.

METTLER TOLEDO is a global manufacturer and marketer of precision instruments for use in laboratory, industrial and food retailing applications. The Company has strong worldwide leadership positions. A significant majority of our instrument sales are in segments in which we are the global leader. In addition to a broad product offering, we have one of the largest global sales and service organizations among precision instrument companies.

We focus on the high value-added segments of our markets by providing innovative instruments that often integrate various technologies including application-specific solutions for customers. We design our instruments not only to gather valuable data but also to facilitate the processing and transfer of this data into customers' management information systems.

Mettler-Toledo (NYSE: MTD) is a global manufacturer of scales and analytical instruments. Mettler Toledo is the brand name whereas Mettler-Toledo (with dash) is the name of the company. The company consists of several operating divisions in North America and Europe. Mettler-Toledo specializes in the area of precision instruments for professional use. Mettler-Toledo laboratory instruments are used in research, scientific, drug discovery, and quality control labs, amongst many others in the pharmaceutical, chemical, food and cosmetics industries.

Formation and History

Mettler-Toledo was formed in 1989 by the merging of two companies: Mettler, based in Switzerland, and Toledo Scale, based in Columbus, Ohio, USA.

In 1945, Dr. Erhard Mettler, a Swiss engineer, started a precision mechanics company in Küsnacht, Switzerland. He invented the substitution principle with a single-pan balance, capable of being produced in series. Analytical balances with a single weighing pan gradually replaced conventional two-pan balances in the laboratory.

In 1980, Dr. Mettler sold his business to Ciba-Geigy AG. A third pillar - after laboratory and industrial - was created: the retail business. Technological progress had made it possible to advance retail scales to instruments for the management of perishable goods.

In 1989, METTLER acquired TOLEDO Scale Corporation, the largest US manufacturer of industrial and retail scales based in Columbus, Ohio. Its founder, Henry Theobald, had launched an innovative store scale with an automatic weight and price display in 1901.

In 1996/97, Mettler-Toledo was sold by Ciba-Geigy AG to the New York-based AEA Investors Inc., in preparation for a subsequent initial public offering. The initial public offering was completed and began trading on the New York Stock Exchange, under the ticker symbol MTD. The company has grown both organically and through the acquisition of several companies to the current size of 10,000 employees and revenues of USD 2 billion (2008).

Operational Structure

Mettler-Toledo is a global manufacturer and marketer of precision instruments for use in laboratory, industrial and food retailing applications. They are geographically diversified with sales in 2012 derived 34% from Europe, 34% from the Americas and 32% from Asia and other countries. The Company has an extensive global sales and service organizations with approximately 6,000, or approximately one-half, of the employees providing sales and service in 36 countries. The Company has a manufacturing presence in Europe, the United States and China.

Laboratory

1952, the measurement of up to one ten-millionth of a gram became possible with the laboratory balance products. "The Mettler Balance" proved to be a catchphrase in the laboratory.[citation needed] Consequently, with the advancement of microprocessor technology over the years, a wide range of products for the laboratory were invented, like automatedtitrators and thermal analyzers. Mettler-Toledo laboratory products and technology were able to improve processes in research and development, drug discovery and quality control. Application-specific software for balances provides data analysis opportunities to enhance accuracy, productivity and compliance.

RAININ Instrument

In 2001, Mettler-Toledo purchase Rainin Instrument, LLC, which is now a wholly owned subsidiary of Mettler-Toledo.[3]Rainin supplies precision instruments and services worldwide. Rainin pipettes provides automated chemistry systems used in drug and chemical compound discovery and development. The company also manufacturers and marketers metal detection and other end-of-line inspection systems used in production and packaging.

AutoChem

Industrial

The Company manufactures numerous industrial weighing instruments and related terminals and offer software for the pharmaceutical, chemical, food and other industries. In addition, it manufactures metal detection and other end-of-line product inspection systems used in production and packaging. The Company supplies automatic identification and data capture solutions, which integrate in-motion weighing, dimensioning and identification technologies for transport, shipping and logistics customers. The Company also offers heavy industrial scales and related software.

Cargoscan

Mettler-Toledo Cargoscan Dimensioning solutions are used by international transport companies, small carriers, warehouses and distribution centres around the world. Systems are all approved according to international weights and measures standards, ensuring high instrument performance. It has been shown that laser range finder technology provides high accuracy in the industry making an impact on a production's revenue

Retail

Mettler-Toledo offers

THORNTON

Thornton, Inc. Process Analytics Division [4] founded in 1964 develops, manufactures, markets, and supplies instrumentation and sensors used for liquid process measurement and control applications.The instrumentation provides pure water treatment measurement & control for the pharmaceutical industry; and parameters of conductivity/resistivity, TOC, pH, DO, dissolved ozone and flow for the semiconductor and power industries.

INGOLD

Founded in 1948, INGOLD specializes in solutions for pH, DO, conductivity, turbidity and CO2 for process analytics applications in chemical, pharmaceutical and food & beverage industries.

Hi-Speed

Hi-Speed division joined Mettler-Toledo in 1981 to provide weighing solutions for laboratory, industrial, and food retailing applications. The Product Inspection Team provides the checkweighers, metal detection devices, and other end-of-line inspection systems for local and multinational companies worldwide

Safeline

Safeline was developed in 1989 at METTLER TOLEDO. The Safeline product was an advanced metal detector the used digital technology for increased sensitivity and accuracy.
To expand the detection solutions, METTLER TOLEDO acquired Raytech in 1997. Raytech manufactured x-ray inspection equipment. The x-ray inspection equipment combined with the detection products allowed companies to identify multiple contaminants as well as verifying product integrity and portion control.

CI-VISION

Mettler-Toledo CI-Vision is a wholly owned subsidiary of Mettler-Toledo Inc. The Mettler-Toledo Product Inspection Group, consisting of CI-Vision, Hi-Speed and Safeline, is a superior supplier of in-line checkweighers, metal detectors, machine vision systems and x-ray inspection systems.

Charitable Contributions

Mettler-Toledo actively participates in the United Way organization.The company offers employees opportunities to contribute financially or by supporting volunteer activity during paid company hours.

Based in Switzerland and in the USA registered Group Mettler-Toledo specializes in precision balances for professional use. Thecompany is the world's largest manufacturer of weighing systems , covering a weighing range of 0.0000001 grams to 1000 tons. The offering includes analytical instruments, systems for automated drug research and drug development, tools for process analysis and control systems for the packaging industry , available in more than 100 countries.
Mettler-Toledo employs about 12,000 people and generated sales of 2.342 billion U.S. dollars in fiscal year 2012. In 2010, Mettler-Toledo scored 37% of its sales in Europe. 36% came from the Americas, 27% to Asia and other regions. The shares of the company are traded on the New York Stock Exchange traded.

History

In 1945, the Swiss engineer Erhard Mettler in Küsnacht on Lake Zurich , a precision engineering company. He used the substitution principle and developed a single-pan balance for series production. In the single-laboratory analytical balance gradually displaced the conventional two-shell scale . In the fifties, measurements were performed on a ten millionth of a gram exactly possible. 1973 launched the Mettler Instrumente AG, a first fully electronic precision balance, the PT1200. This model was the world's first electronic balance, which for the highest accuracy class (class I) was approved. Innovation brought a wide plethora of laboratory equipment - including automatic titrator and thermal analysis shows as well as various products for the industry - devices. In the 1980s came with the retail division in addition to the laboratory and industrial area a third pillar. Technological advances made it possible to make retail scales systems for the management of fresh produce. In 1980 Mettler sold his company to the Ciba-Geigy AG.

1989 Mettler Toledo Scale Corporation was acquired, the largest American manufacturer of industrial scales, based inColumbus , Ohio . Its founder, Henry Theobald had, in 1901 launched a retail scale with automatic weight and price display on the market. From the forces of the two companies emerged Mettler-Toledo. In October 1996, Mettler-Toledo was sold by the Ciba-Geigy AG to New York AEA Investors Inc., in preparation for the planned IPO. On November 14, 1997, the company completed the first mission. Its shares have since been on the New York Stock Exchange traded under the ticker symbol MTD.

Organization

The company is headquartered in Delaware registered in the United States and headquartered however in Greifensee inSwitzerland . While the stock market activities of the United States are directed from, operates out of the management of the Switzerland. This is due to 1991 the merger between Mettler and Toledo materialize.

The sales organization for Germany is located in casting and dates back to 1957, when bought by Mettler balances firm Spoerhase. The company is the world's largest supplier of the three most commonly used laboratory instruments -balances , pipettes , and pH meters.

Mettler-Toledo Instruments are in the research and development, including drug discovery, in use as well as in quality control including the pharmaceutical, chemical -, food and cosmetics industries.