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Partnership with Porsche Dealership in Germany

29 Dec 2014 07:00

RNS Number : 7784A
Starcom PLC
29 December 2014
 



Embargoed until 7am 29 December 2014

 

Starcom PLC

("Starcom"or the "Company")

 

Supply arrangement with Porsche Zentrum Baden Baden in Germany

 

Starcom (AIM: STAR), which specialises in the development of wireless solutions for the remote tracking, monitoring and protection of a variety of assets and people, is pleased to announce that it has been selected as an official Partner to Porsche Zentrum Baden Baden for the supply of its Helios TT vehicle tracking system ("the Helios").

 

The Helios will be offered as a dealer-fitted extra by Porsche Zentrum Baden Baden, the largest Porsche dealership in Germany, which sold over 2,500 new Porsches in 2014. It is hoped that the 26 other Porsche dealerships in Germany will follow suit in due course.

 

Avi Hartmann, CEO of Starcom, commented: "This new partnership is a significant milestone for us. Our distributor in Germany has spent over a year working closely with Porsche Zentrum Baden Baden and, after a programme of rigorous testing, our Helios vehicle tracking system has gained its trust and commitment.

 

"Working with Porsche, one of the world's leading luxury car brands, will hopefully increase Starcom's brand and we truly believe this could be the recognition Starcom needs to become a major force in the European telematics market, allowing us to set the standard for vehicle tracking."

 

-ends-

 

For further information please contact:

 

 

Starcom plc

Northland Capital

(Nomad)

Northland Capital

(Broking)

Leander (Financial PR)

Michael Rosenberg

Avi Hartmann

Eitan Yanuv

Edward Hutton

Gerry Beaney

John Howes

Alice Lane

Christian Taylor-Wilkinson

Tel: 07785 727595

+972 543070103

+972 36199901

Tel: 020 7382 1100

Tel: 020 7382 1100

Tel: 07795 168 157

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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