Micro Technologies India Ltd has informed that the Company has come with an Understanding with Lazer Technology Solutions granting rights for the distribution of its selected security products in the Middle East and Egypt. It has been observed that there are fluctuations in the exchange rates but these fluctuations would not lay an impact in the net revenue of the Company and on the contrary this arrangement is expected to bring added benefit to the Company even during the current scenario.
Micro Products are already growing rapidly across India. The Company has started up with the distribution in Egypt and has received an overwhelming response in the Middle East. The Company being ranked No 2 in the recently concluded GITEX Technology Week where roughly 3,300 exhibitors from 82 countries spread out over 64,000 square meters of floorspace participate In itself speaks the success story of the Company in the Middle-East. Gitex 2007 is held in Dubai from the 8th to 12th, of September every year and is the Middle Easts largest and most popular technology exhibition.
The safety and security products industry In Egypt is growing steadily and is governed by the Ministry of Interior, Government of Egypt. The Egyptian Government is looking for specialized Companies working in the field of security and other related business to become acquainted with the most up-to-date security technology available and the Company is well positioned to get into the market with its high-end technology.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment