Stanley Healthcare Solutions Announces Acquisition of AeroScout to Augment Stanley Black & Decker's Healthcare, Industrial and Security Offerings

Framingham, Mass., June 5, 2012  – Stanley Healthcare Solutions, a division of Stanley Black & Decker, today announced its acquisition of AeroScout, Inc., the market leader in Real-Time Location Systems (RTLS) for healthcare and industrial customers. Terms of the deal were not disclosed. The acquisition will accelerate the growth trajectory of Stanley Healthcare Solutions, as well as augment the industrial and security offerings of Stanley Black & Decker. The combined entity will transform operations, supply chain management and safety for healthcare and industrial customers around the world.

Stanley Healthcare Solutions serves more than 15,000 healthcare organizations and is a market-leading provider of patient and resident safety solutions, storage and supply chain solutions, and Transformational Lean™ offerings. Together with AeroScout’s advanced suite of RTLS solutions and services, Stanley Healthcare Solutions will be positioned as a leading Healthcare technology company, and will be well suited to improve patient care by driving lean and safe operations throughout healthcare organizations.

“The addition of AeroScout enhances Stanley’s Healthcare, Industrial and Security solutions and represents a significant step forward on our path to become the leading provider of integrated healthcare solutions,” said Bert Davis, Senior Vice President and President, Stanley Healthcare Solutions. “Together, we have a true opportunity to provide innovative solutions for our healthcare customers that enhance quality, safety and efficiency of patient care to provide better outcomes.”

About Stanley Healthcare Solutions

Stanley Healthcare Solutions provides over 4,800 acute care hospitals and 11,000 long-term care organizations with innovative solutions that enhance quality, safety and efficiency to improve the outcomes of patient care. Customers rely on Stanley across more than 20 critical areas of the hospital, from patient security and tracking, to storage solutions for asset management, and consulting services for driving successful EMR implementations. Stanley Healthcare Solutions is proud to be part of Stanley Black & Decker, Inc. For more information visit www.stanleyhealthcare.com.

About AeroScout

AeroScout is the global market leader in Unified Asset Visibility solutions. Customers improve operational efficiency using AeroScout products that leverage standard Wi-Fi networks to track and manage the location, condition and status of mobile assets and people. AeroScout’s customer base consists of leading hospital, manufacturing, mining and logistics organizations, including many of the Fortune 500. The company invented the first Wi-Fi-based Active RFID tag, and today is widely recognized as leading the market in number of deployments. Headquartered in Redwood City, California, AeroScout has offices in Europe, the Middle East, Asia, Australia and Latin America. For more information, please visit www.aeroscout.com.

AeroScout is a registered trademark of AeroScout, Inc. Information is subject to change without notice.