Agreement between Stertil B.V. and the VSG

Bräunlingen. Stertil B.V. part of the worldwide Stertil Group B.V. Kootstertille, The Netherlands, and Vehicle Service Group (VSG) with its operative companies Ravaglioli S.p.a., Italy and BlitzRotary GmbH, Germany have entered into a Settlement Agreement which ends a number of law suits related to patents owned by Stertil B.V. Stertil B.V. agree to provide VSG the license to use the International Application WO 2007/148960 globally for scissor lifts.

“We are delighted to receive from the Stertil Group B.V. a global license, which allow VSG to continue offering best in class vehicle service equipment. Our customers are our highest priority and we remain dedicated to maintaining the very best of support and service that they have come to expect from us.”

The Stertil Group with its global head office in Kootstertille The Netherlands, develops, manufactures, markets and sells high quality products to global heavy duty vehicle workshops around the world. Worldwide there are 430 employees of which 220 employees are based at the head office in The Netherlands. The Stertil Group has sales subsidiaries in the U.S.A, Germany, China, The Netherlands, UK, France, Poland and Turkey. In addition, the Stertil Group has more than 80 exclusive distributors globally. The Stertil Group centre of innovation excellence is also located in The Netherlands, with a comprehensive research & development team. The Stertil Group has state-of-the-art manufacturing facilities in The Netherlands and in Streator IL, U.S.A. Stertil-Koni has more than 70 years’ experience in the vehicle lifting industry and is the global market leader in heavy duty commercial vehicle lifting market being preferred supplier to the world’s leading companies in the trucks and bus industries. Stertil-Koni’s breadth of products meets all ranges of lifting needs. Additional information is available at www.stertil-group.com.

Part of Dover Corporation’s Engineered Systems segment, VSG is a strong, diverse and dynamic global leader in the vehicle service industry. It comprises 13 major vehicle lifting, wheel service and collision repair brands: Rotary, Ravaglioli, Blitz, Butler, Elektron, Nogra, Space, Sirio, Chief, Forward, Direct-Lift, Revolution and Hanmecson. Headquartered in Downers Grove, Illinois, VSG has operations worldwide, including ISO9001 certified manufacturing centers in North America, Europe and Asia. Additional information is available at www.vsgdover.com.

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