BRADY CORPORATION ACQUIRES CARROLL AUSTRALASIA.

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MILWAUKEE, June 30 /PRNewswire-AsiaNet/ --

Brady Corporation (NYSE: BRC), a world leader in identification solutions and specialty materials, today announced that it has acquired Carroll Australasia Pty. Ltd., Sydney, New South Wales, Australia. Terms of the transaction were not disclosed.

Carroll is a leading supplier and distributor of identification products for the electrical industry, with a complete line of wiring accessory products including prepared wire and cable markers, termination and connection supplies, wire-bundling materials and electrical circuit protection products. The company also markets to the automotive and marine markets under the brand "Quikcrimp." Founded in 1977, Carroll had sales of approximately $8 million (U.S.) in fiscal 2005.

"Carroll and Brady are a natural fit. For example, Carroll offers a bureau service to pre-print wire markers to customers' specifications, while Brady has a long tradition of offering customers a do-it-yourself wire-marking solution with a broad range of printers and consumables.

Combining these options will enhance the offer to both our customers," said Brady Australia Managing Director Stephen Millar. "In addition, Carroll shares our focus on customer service, with an impressive commitment to same day shipping on all orders received by 4:30 p.m."

Brady's presence in Australia dates back to 1970 when it opened its first sales office there, with production operations added in 1979. Brady acquired Visi Sign near Melbourne in 1999 and Safety Signs Service in Western Australia in 2001. Earlier this year it acquired Accidental Health & Safety and Trafalgar First Aid in New South Wales. Today, Brady employs about 210 people in Australia and operates from a 60,000 square-foot facility in Regents Park near Sydney.