MAJOR NEWS RELEASE FOR DCHT......LOOKS GREAT:-)
Thursday January 21, 1:00 am Eastern Time
Company Press Release
SOURCE: DCH Technology, Inc.
DCH Technology, Inc. Signs Integration and Value Added Reselling Contract with Horiba Ltd.
VALENCIA, Calif., Jan. 21 /PRNewswire/ -- DCH Technology, Inc. (OTC Bulletin Board: DCHT - news) announced today the signing of a marketing and sales representation agreement with Horiba Ltd., one of the world's leading analytical and measurement equipment companies. DCH values this agreement at over $1 million in annual revenues.
The agreement grants Horiba Ltd. the exclusive rights as an integrator, sales agent and representative of DCH Technology, Inc. to market all DCH Technology products (including its Robust Hydrogen Sensor product line) throughout Japan and in many other countries where Horiba has extensive sales and field service forces in place. This agreement opens potential business development areas in the environmental monitoring, automotive, semiconductor, and medical industries.
Horiba Ltd. had more than $480 million in sales last year and maintains offices in Japan, Germany, Austria, England, Korea, Singapore, France, Italy, and the United States. Horiba is the world's leading supplier of emissions testing solutions and employs more than 1,100 dedicated software, engineering, manufacturing, service and sales professionals while enjoying a reputation for excellence in diverse markets. Horiba supports requirements for radioactivity detection, air and water pollution monitoring systems, industrial analyzers for quality control, safety and facility maintenance, and engine emissions testing equipment.
This landmark agreement with Horiba, Ltd. will provide DCH Technology, Inc. with top quality sales and marketing representation, not only in Japan, but throughout Asia. This highly synergistic marketing campaign will be instrumental in helping to increase sales of the family of gas sensor and monitoring products that DCH produces in California.
The worldwide market for gas sensors is currently $1 billion and is rapidly growing. DCH Technology, Inc. is working hard to be an integral part of that expansion. The evolving hydrogen economy provides DCH with increasing sales potential on a worldwide basis. DCH's steady growth and impeccable industry reputation is the basis of the company's leadership in gas detection, and safety monitoring systems. DCH sensors have been proven by many demanding customers, in rigorous testing, to outperform the competitors' products.
DCH Technology, Inc. is a technology, development, and manufacturing firm specializing in patented and proprietary gas sensor and safety products that are sold to industrial and government customers worldwide. DCH's core technologies include the Robust Hydrogen Sensor, Thick Film Hydrogen Sensor, Fiber Optic Sensor, and the Universal Gas Sensor.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, and actual results may be materially different. Factors that could cause actual results to differ include activity levels in the securities markets and other risk factors such as customer order rates, cancellations, late delivery of customer components, production delays, dependence upon certain customers, dependencies upon key executives, viability of quarterly results, single operating facility, competition, product liability risk, control by management, foreign currency fluctuation, and other risks detailed in the Company's applicable SEC filings.
For additional information, contact Mike Rainville at 805-775-8120 or the DCH website at dcht.com.
SOURCE: DCH Technology, Inc.
--------------------------------------------------------------------------------
More Quotes and News: DCH Technology Inc (OTC BB:DCHT - news)
MM
|
