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Agency / Source: Segway, Inc.

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Segway, Inc. Announces Merger - Segway was acquired by a company that is based in the United Kingdom - Segway.com
Segway, Inc. Announces Merger

 

PRZOOM - /newswire/ - Bedford, NH, United States, 2010/01/14 - Segway was acquired by a company that is based in the United Kingdom - Segway.com.

   
 
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Segway Inc. is pleased to announce that in connection with a merger that occurred on December 24, 2009, Segway was acquired by a company that is based in the United Kingdom.

The acquiring company is backed by Jimi Heselden, a prominent UK businessman and the Chairman of Hesco Bastion. Mr. Heselden is also an investor in the independently owned Segway UK distributorship.

Additionally, Segway also received funding that will be used to support the continued growth of the company.

About Segway, Inc.

Segway, Inc. (segway.com) develops intelligent motion control technology known as Segway® Smart Motion that is embedded in the light electric transportation devices it manufactures, such as the well-known Segway® Human Transporter (HT).

If you are not a member of a media organization and would like to request the use of photos, video, or logos from our Press Center, please read the Segway Inc. Trademark and Copyright Usage Guidelines and follow the instructions in that document. Any requests for photo, video or logo use should include the copy or voiceover script that would accompany the Segway visuals.

 
 
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Segway, Inc. Announces Merger

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Contact: Press Office - Segway.com 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Segway, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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