NOKTA ANNOUNCEMENT - MAKRO ACQUISITION

Dear Valued Customers:

Today, we would like to make a very pleasing and important announcement which will have a significant impact on dealers, end users and the detector industry in general.

Nokta Detectors has been operating as an official Research & Development manufacturer since 2001 in Turkey. With the support of our valued customers, we have been growing at a very fast pace since our inception in the sector and today we export our products to more than 100 countries in 6 continents around the world.

2011 was a milestone year for us as we expanded our R&D team and made big investments in developing new detector technologies. Most of you have been following our fast growth and increasing brand awareness as a result of our products with rising sales graphics in the market. The very first factor behind our success is our technology and our strong engineering team and the second one is the fact that we listen to customers and develop products that meet the market demand.

As most of you are aware, there are 2 professional companies in Turkey serving and offering products to the detector industry: Nokta Detectors and Makro Detectors. In the past, these companies - whose owners are 2 brothers - have operated as independent manufacturers in the world market. In the midst of our growth in 2011, we made a strategic move and took the initial step in acquiring Makro Detectors who has been growing in parallel to Nokta. As a result of deliberations and under trade and confidentiality agreements, we bought some shares of Makro Detectors the same year. By combining our technology and expertise in the detector sector with Makro’s, we developed important projects. We developed and manufactured Golden Sense, Velox One, RS Pinpointer, Ultra Scanner hand-held detector and finally the FORS Gold and CoRe models under Nokta brand name and Deephunter, CF77 and finally the Makro Pointer, the first waterproof pinpointer in the world, under the Makro brand name. All were introduced and are presently sold in the market successfully. In addition, we developed a new Makro branded coin& relic detector called ‘’RACER’’ and a gold detector ‘’Gold RACER’’ which will enter the market very aggressively with its performance, design and price very soon!

Nokta Detectors’ developing and manufacturing the Makro branded products along with Nokta products and the fast increasing brand awareness of both brands in the world market opened the door for these 2 companies to unite their forces and after long deliberations, Nokta Detectors completely bought out Makro Detectors in December 2014.

Now, what does this important development mean for you and the sector and what will it bring in?
As a result of this acquisition, we have not only combined 2 strong brands but also a very experienced team in the specific detectors industry under the same roof. This will allow us to serve you with an absolute team spirit and in a much stronger position in terms of corporate structure as well as market share.

We will not only offer a richer product portfolio to our customers but address the whole market demand with products at different price levels. During all our processes from product concept to production, final control to delivery and after sales service, we will never sacrifice our praised customer oriented approach and service quality, which we have been implementing as Nokta and Makro since our foundation, and we will always aim for the better for our customers.

Our goal for the next few years is to dominate the detector sector with new products developed with unique technologies that will differentiate us and make us known not as a regular detector manufacturer but an exceptional company that exists with its technology. With the new products we are planning to launch between 2015-2017 (Pulse Induction detectors, new technology VLF and pulse imaging systems, hybrid VLF detectors, entry-level detectors, walk-thru security detectors, mine detectors etc.) and with your support, we wish to share the pride and happiness of achieving this goal all together.

As Nokta and Makro Detectors, we wish you a merry Christmas & a happy New Year and hope 2015 to be a very successful and prosperous year!

Sincerely Yours,

Nokta and Makro Detectors

Interesting times ahead indeed. Looking forward to your new developments in conjunction with Makro Detectors. A Merry Christmas and a Happy New year to you too.

Cheers Management.

Yep, have to say also that i look forward to seeing what comes out of the Nokta house in the future.