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LONDON (Alliance News) - Versarien PLC Thursday said it has appointed Ismosys as the pan European sales and marketing partner for Versarien Technologies Ltd, its subsidiary which specialises in advanced thermal management solutions, and has also appointed two national distributors in Sweden and Denmark.
"The partnership with Ismosys will extend the sales and marketing reach, and customer support, for the VersarienCu standard range of heat sink products. Ismosys has sales representatives based in a number of key European territories, managed from eight regional offices. Ismosys also has an established relationship with Mouser Electronics, one of Versarien's existing global distribution partners," it said.
Under the two additional distribution agreements, Vallentin Elektronik and Satco Komponent will promote the Versarien standard range of heat sink products in Denmark and Sweden, respectively.
"We continue to expand our geographical presence outside the UK and to make further progress in the commercialisation of our disruptive technology. Since launching our standard range of heat sink products in April we have secured a global distribution agreement in the US with Mouser Electronics. We anticipate that these latest partnerships will provide us with considerable reach into Europe and the fast evolving Nordic electronic market," Versarien Chief Executive Neill Ricketts said.
Versarien shares were up 2.7% at 19.00 pence Thursday morning.
By Steve McGrath; stevemcgrath@alliancenews.com; @stevemcgrath1
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