major distribution contract with leading us
New distribution deal in the US. Not announced here in Aus yet. This explains the recent interest back in DDT. Largest volume since 30/11/2005 and up 1 cent.
Press Release Source: DataDot Technology USA
Beacon Industries to Launch DataDot Automotive Program Tuesday February 14, 2:16 pm ET
REDMOND, Wash., Feb. 14 /PRNewswire/ -- DataDot Technology USA, in association with its dedicated automotive aftermarket distributor, DataDot Dealer Services, is pleased to announce the launch of a major distribution contract with leading US provider of after-market automotive products, Beacon Industries Worldwide (Beacon). ADVERTISEMENT
Founded in 1998 to develop and market Vehicle Theft Protection programs, Beacon has established itself as one of the leading providers of etch and gap based products in the United States. Beacon presently administers to over 200 agents and 3,000 dealers from its head office in Fort Lauderdale, Florida.
Under this program, DataDot and Beacon have developed a specially branded microdot identification program consisting of both DataDot automotive brush product, national registration, and a private label theft warranty program provided by Premier Dealer Services. The new product offering is anticipated to be launched to Beacon agents and dealers during February-March 2006.
In association with DataDot Dealer Services, DataDot USA continues to work with major dealer groups such as Beacon, in developing programs aimed at improving theft deterrence for customers and offering new profitable product offerings to major dealer groups across the country. DataDot and Beacon Industries have also agreed to work together to further extend the dot product offering into related automotive and powersports product channels in the United States.
"The strategic partnership and product launch with Beacon Industries marks another vital step in the expansion of the DataDot program in the United States while offering state of the art identification technology to customers of Beacon," said Brent McLaws, Chairman of DataDot Technology USA.
DataDots have been used by auto manufacturers in Australia, Taiwan, the UK, Russia, and the US over recent years, resulting in dramatic reductions in auto theft. Within the United States and Canada, DataDot has been successful in signing major distribution contracts with companies like Lexus, Nissan, LAR and now Beacon Industries. In partnership with these major organizations, the benefits of the DataDot system continue to expand across North America.
For more information please contact Stuart Cutler, CFO, DataDot Technology USA Inc on 1 425 882 0330, Rick Hughes, CEO, DataDot Dealer Services on 800 546-4454, or Mr. David DiGeronimo, Vice President of Sales, Beacon Industries World-Wide on 888 722-3824.
-------------------------------------------------------------------------------- Source: DataDot Technology USA http://biz.yahoo.com/prnews/060214/cgtu061.html?.v=41
DDT Price at posting:
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