This article was published free of charge. Only PREMIUM Articles are (Google AdSense™) 3rd party Ads-Free!
Micro Technologies Enters U.S. Market
NewswireToday - /newswire/ -
Mumbai, Maharashtra, India, 07/24/2007 - Micro Technologies (India) Ltd (BSE: 532494) plans to extend its operations to the US market through its subsidiary – Micro Technologies US Inc and looks forward to a generate revenues worth Rs. 200 crore out of this operation in around 1.5 years.
Micro Technologies (India) Limited has finalized strategic plans to expand its operations for marketing Micro Security products in the US market. The company plans to extend its operations to the US market through its subsidiary – Micro Technologies US Inc. which comprises a core team of qualified and experienced professionals possessing expertise in marketing security solutions.
The FCCB funds worth Rs. 60 crore issued recently would be used for marketing extensive operations of Micro Products into US market. Revenue amounting to Rs. 200 crore out of this operation is expected to flow in the next 18 months.
Commenting on this development Dr. P. Sekhar, Chairman and Managing Director, Micro Technologies (India) Limited said, “The US market holds good potential for the security solutions of home, office and automobiles. We at Micro Technologies are very excited about our foray in the US. Through our consistent research on design and customization of our products I am positive to achieve our targets in the geographies we plan to enter”.
Initially Micro VBB (Vehicle Black Box), an exclusive product with features of vehicle navigation and logistic solutions is among the products identified for US Markets. Another potential Micro product for US foray is Micro ACS (Access Control System), which has been taken into consideration due to various security reasons and ACS with its unique features will address the various aspects of infrastructure security and access control as a single product.
The Company had recently entered into a strategic agreement with TWI International PTY Ltd. to market Micro VBB to South Africa. Micro Technologies continues its endeavour to provide high value products with extensive safety features to the targeted segments. The segments comprise of Courier Companies, Taxis, Maintenance and Service Departments etc. at an extremely affordable cost.
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements
Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!
Distribution: [+] Free Press Release & Newswire Distribution Network. via PRZOOM - Newswire Today (NewswireToday.com)
# # #
Your Banner Ad showing on ALL Software articles, CATCH Visitors via Your Competitors Announcements! Non-featured company website links are shown on a random basis
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
Contact: Sarah Jacob Tharakan
9820316069 sarah.tharakan[.]adfactorspr.com
Newswire Today - PRZOOM disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
sarah.tharakan[.]adfactorspr.com 
