ROPER TECHNOLOGIES, INC. 
By
Horizon's solutions include its industry-leading OneSource software
platform, industry-standard hardware and a broad range of related services, as
well as MealpayPlus, an online payment processing platform. Other solutions
Horizon offers include nutritional management, supply chain coordination,
parental involvement in meal selection and documentation for governmental
reimbursement. Horizon will become part of Roper's RF Technology segment and
will operate as a standalone business alongside The CBORD Group, Inc., which
Roper acquired in
"We are delighted to add Horizon to our growing RF segment," said
"The Horizon management team has done an exceptional job building the business and we are delighted the leadership team will remain with Roper. We welcome the people of Horizon to Roper and look forward to working together to grow their business while continuing to provide their customers with the outstanding products and services they have come to expect," Mr. Jellison added.
Mr. Davenport said: "Horizon is excited to become part of Roper and its growing RF segment. We see clear growth opportunities in working with CBORD. Roper has an exceptional track record of building businesses and we are excited for Horizon's future as part of the Roper family."
About Roper Industries
Roper Industries is a market-driven, diversified growth company with
trailing twelve month revenues of
The information provided in this press release contains forward looking statements within the meaning of the federal securities laws. These forward looking statements include, among others, statements regarding operating results, the success of our internal operating plans, and the prospects for newly acquired businesses to be integrated and contribute to future growth and profit expectations. Forward looking statements may be indicated by words or phrases such as "anticipate," "estimate," "plans," "expects," "projects," "should," "will," "believes" or "intends" and similar words and phrases. These statements reflect management's current beliefs and are not guarantees of future performance. They involve risks and uncertainties that could cause actual results to differ materially from those contained in any forward looking statement. Such risks and uncertainties include our ability to integrate our acquisitions and realize expected synergies. We also face other general risks, including our ability to realize cost savings from our operating initiatives, unfavorable changes in foreign exchange rates, difficulties associated with exports, risks associated with our international operations, difficulties in making and integrating acquisitions, risks associated with newly acquired businesses, increased product liability and insurance costs, increased warranty exposure, future competition, changes in the supply of, or price for, parts and components, environmental compliance costs and liabilities, risks and cost associated with asbestos related litigation and potential write-offs of our substantial intangible assets, and risks associated with obtaining governmental approvals and maintaining regulatory compliance for new and existing products. Important risks may be discussed in current and subsequent filings with the SEC. You should not place undue reliance on any forward-looking statements. These statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
SOURCE Roper Industries, Inc.
