Adeptron Technologies Corporation (ATQ: TSX) (”Adeptron” or the “Company”), a specialist at delivering integrated product solutions and support to the global technology and electronics industry, announced today that it was selected to provide Electronics Manufacturing Solutions (”EMS”) to an original equipment manufacturer (”OEM”). This OEM is a world leading developer of technology used in smart grid applications to reduce energy use, provide security and enable automation. The technology has been applied to building automation systems, advanced metering infra-structure, and demand response programs to remotely control streetlights. Adeptron estimates that the value of products to be delivered to its customer from its San Jose, CA site will be approximately $1.5 million in the first full year after the initial ramp up period.
F. Michael Marti, CEO of Adeptron, stated, “Adeptron is proud to have been chosen by this growing customer to take over the assembly of some of these existing products in addition to the products we have traditionally supplied out of the San Jose site. We have recently recruited several new employees to upgrade and expand our skills and capabilities in this site in order to support this customer program, another new program announced last week, as well as other prospective business.”
Source:http://www.digitaljournal.com/pr/43925
