Wizcom Appoints Distributor for Russia
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Wizcom Appoints Distributor for Russia
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Deal provides access to wide network of sales outlets in significant market
Rosh Ha'ayin, July 11, 2011. Wizcom Technologies Ltd. (Prime Standard: WZM,
IL 0010830706 has appointed Electronnie Slovary as distributor for its products
in Russia. Electronnie Slovary, active on the market since 1993, is a
specialist in the sale of electronic dictionaries, with an additional focus on
the development and marketing of portable devices for education on the Russian
market.
Electronnie Slovary's products are distributed through a dealer network in many
of the large Russian cities. In Moscow the products are offered through an
extensive network of retailers of companies such as Beliy Veter, ION Digital
Center, Vobis computers, as well as in many shops and other outlets for
electronics and portable equipment.
Shimon Amouyal, CEO for Wizcom, stated, "The Russian market, with over 142
million people, obviously is a very important territory for our products. For
instance, the ever increasing significance of English as an international
business language requires additional learning tools. This is especially true
in countries where foreign languages have not had a long history in being part
of the standard curriculum and this holds doubly so for countries whose script
is not widely used, such as Cyrillic in Russia. The potential for our products,
therefore, is very significant."
"With Electronnie Slovary, we have signed up a distributor with extensive
experience in our field and with a very well developed network with a large
market reach. This, combined with the recent appointment of a Sales Manager for
the territory, is already sorting effect and the first orders have been recorded
and shipped in Q2. We are bullish on the development of our sales on the
Russian market the first signs are positive."
About Electronnie Slovary: Active on the Russian market since 1993, Electronnie
Slovary has developed a wide network of retail and other outlets for its
products. At present, the company's portfolio includes handheld electronic
dictionaries and translators under the brand Assistant, electronic dictionaries
translators under the brand Brilliant, Wizcom's pocket scanning
translators Quicktionary, the Lbook and Assistant - devices for reading
electronic books - and the tablet computer MIReader on the Android operating
system.
Wizcom Technologies Ltd. is the world's leading producer of personal, portable
scanning pens that help people read and process text. These pocket-sized, user-
friendly devices enable people to understand and use printed material, anytime
and anywhere, without disrupting their reading process. Our pens help students
of English as a first or second language, as well as people working in
multilingual environments, enhancing their fluency and expediting reading
comprehension.
For further information, please contact:
Wizcom Technologies Ltd.
Shimon Amouyal, CEO
13 Hamelacha St.
Rosh Ha'ayin, 48091, Israel
Tel +972-3-9103330
shimona(at)wizcomtech.com
www.wizcomtech.com
SCHWARZ Financial Communication
Frank Schwarz
Investor Relations
Tel +49-611-1745-398-11
Schwarz(at)schwarzfinancial.com
www.schwarzfinancial.com
--- End of Message ---
Wizcom Technologies Ltd.
13 Hamelacha St. Rosh Ha'ayin Israel
WKN: 915856;ISIN: IL0010830706;Index:Prime All Share,TECH All Share;
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Press Release as PDF:
http://hugin.info/130210/R/1529992/465350.pdf
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Source: Wizcom Technologies Ltd. via Thomson Reuters ONE
[HUG#1529992]
Unternehmensinformation / Kurzprofil:
Datum: 11.07.2011 - 11:01 Uhr
Sprache: Deutsch
News-ID 56286
Anzahl Zeichen: 4929
contact information:
Town:
Rosh Ha'ayin
Kategorie:
Business News
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