Lake Villa, IL  - August 10, 2009 - ID Label, Inc. today announced it has signed a letter of intent to purchase the assets of Universal Label Technologies, Inc, “ULT”.

Financial terms of the deal were not disclosed.

“ULT has been a leader in the variable image, barcode label manufacturing niche since it was founded in 2001. We look forward to building on the foundation that ULT has provided its’ partners for the past 8 years, and extending the product offering to help them grow their business under the ID Label banner,” stated Neil Johnston, president of ID Label.

“The acquisition gives ID Label an expanded customer base of strong channel partners that understand the auto identification market and media sales,” said William Powers, vice president of sales and marketing. “The manufacturing and service offerings of ID Label will significantly increase the opportunities for ULT channel partners and their clients.”

“The equipment we have acquired with this transaction expands our capabilities to service additional niche applications in the barcode and variable image market place,” added Jeff Chandler, COO of ID Label. “Our expertise in variable image label manufacturing provides us with a strong understanding of how we can utilize this equipment to the benefit of existing and future partners.”

“We are excited about the opportunity to be part of the ID Label team,” stated Barry Alves, CEO of Universal Label Technologies. “Our channel partners will definitely benefit from the range of products and services ID Label has to offer.”

ID Label will continue to maintain operations at the existing ULT facility and employ a number of staff at this Attleboro Falls, MA location. A portion of the manufacturing operation will be transferred to the new 21,000 sq ft facility ID Label will operate in Lake Villa, IL. This facility will be complete in September 2009.

ID Label manufactures a broad range of high quality, technically innovative preprinted bar code labels and signs. From library barcode labels to hanging retro reflective warehouse signs, ID Label specializes in laminated variable information, sequential bar codes, consecutive numbers, and multi-color process, including data file manipulation services and “Make and Hold” programs for channel partners. ID Label Inc also provides comprehensive installation services for all signs and labels, with over 40 years of combined experience in every type of warehouse environment.

For more information, contact Bill Powers, vice president of sales and marketing, at 847 265 1200 x 203 or mailto:bpowers@idlabelinc.com.