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    Leica Geosystems and The Stanley Works Partner on Laser Measuring Product For U.S. Home Improvement Market

    Heerbrugg, Switzerland, June 9, 2005 – Leica Geosystems announced today its Consumer Products Division (CPD) and The Stanley Works have joined forces to develop a laser distance meter for the U.S. home improvement market. As the inventor of hand-held laser distance measuring technology, Leica Geosystems will provide its product innovation and development expertise to the project. The new product, to be sold within the STANLEY® FatMax® line of tools, will benefit from the marketing expertise and brand recognition of Stanley as well as Stanley’s access to its network of distributors and retailers.

    With this affordable, easy-to-use product, true laser measuring technology will become available to a much broader group of users in the U.S. By offering the advantages of laser measuring technology with a user-friendly design, the new product is specifically designed to meet the needs of expert do-it-yourselfers and professionals. It will be differentiated from existing Leica Geosystems professional grade laser distance meters through specification, functionality and price.

    “Until now, laser measuring products such as the one jointly developed by Leica and Stanley, have been too expensive for the masses leaving them with extremely limited access to the advantages of laser distance measuring,” said Klaus Brammertz, President, Consumer Products Division, Leica Geosystems. “With the launch of this product, we will become the exclusive provider of affordable laser distance measuring in the U.S. and satisfy a demand that has been unanswered for far too long.”

    The proposed launch timing for the new STANLEY® FatMax™ Laser Distance Meter is planned for late 2005.

    About Leica Geosystems
    With close to 200 years of pioneering solutions to measure the world, Leica Geosystems products and services are trusted by professionals worldwide to help them capture, analyze, and present spatial information. Leica Geosystems is best known for its broad array of products that capture accurately, model quickly, analyze easily, and visualize and present spatial information in 3D. Those who use Leica products every day trust them for their dependability, the value they deliver, and the superior customer support. Based in Switzerland, Leica Geosystems is a global company with tens of thousands of customers supported by more than 2,400 employees in 23 countries and hundreds of partners located in more than 120 countries around the world. Leica Geosystems is a publicly listed company, registered with the Swiss Stock Exchange (SWX).
    About The Stanley Works

    About The Stanley Works
    The Stanley Works (NYSE: "SWK") is a worldwide supplier of consumer products, industrial tools and security solutions for professional, industrial and consumer use. Consumer products include hand tools, mechanics tools, tool storage, and hardware. Industrial tools include fastening systems, auto assembly tools, storage systems, professional laser measuring and leveling tools and hydraulic attachments. Security Solutions includes the integration and supplying of security systems and access control solutions, including automatic door and locking systems for commercial applications.

    Our innovative Consumer and Industrial products help people utilize their skills, express their creativity and realize their visions on work sites around the globe. Brand names include Stanley®, Husky®, Goldblatt®, Bostitch®, Jensen®, Mac®, Proto®, La Bounty®, Vidmar®, CST®, David White® and ZAG®. Our Security Solutions brands include Stanley®, Best®, Blick® and Frisco Bay®.

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