Cencorp and Daeho start sales cooperation in South Korea

Cencorp Corporation and Korean Daeho Technology Co., Ltd have signed a distributor contract over Cencorp products sales in South Korea. For Cencorp Daeho is the first representative in the area and begins the sales and marketing of Cencorp products in the Korean market.

The cooperation of Cencorp and Daeho aims at acquiring new customers amongst the Korean OEM manufacturers and contract manufacturers. Furthermore, the contract is expected to increase sales to existing customers in South Korea.

During the first phase of Daeho cooperation, the sales and marketing resources are focused on the sales of MLT 2000 testing equipment and Cencorp 1000 product family developed for odd-form assembly and PCB routing, as well as acquiring new customers.

The contract is in accordance with Cencorp strategy: Cencorp’s own sales resources are strengthened in strategic areas through cooperation with distributors up to the standards of Cencorp’s customers.

Daeho Technology Co., Ltd has been established in 1989; it employs 50 sales representatives in South Korea (www.daehoteck.co.kr).

The contract with Daeho reinforces Cencorp’s sales channel. Since autumn 2004 the company has signed distribution and service contracts with Singaporean Autron Corporation Limited (www.autroncorp.com), English Test Solutions Ltd (www.testsolutions.biz) as well as with several North American distributors.

In Virkkala, 25th August 2005

Cencorp Corporation

Petri Väinölä
CEO

Further information:
Petri Väinölä
CEO
Tel. +359 19 6610 215

Cencorp develops and supplies automation solutions to the
electronics and semiconductor industry that enhance productivity.

Distribution:
Helsinki Stock Exchanges
Main media
www.cencorp.com

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