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Elecsys Inks Representation Agreement with The Al Rushaid GroupJun 25, 2012 (Close-Up Media via COMTEX) -- Elecsys Corp. announced the signing of a representation agreement with the Al Rushaid Group. According to a release, Al Rushaid, based in Al Khobar, Kingdom of Saudi Arabia, will represent Elecsys and provide sales and service support for its diverse product offerings in Saudi Arabia, Kuwait, and Bahrain. An industrial company in the Kingdom of Saudi Arabia, the Al Rushaid Group is a multi-billion dollar (USD) commercial organization with business units in energy services, manufacturing, engineering, construction, technologies, trading, and real estate. The Al Rushaid Group built its reputation by providing products and services for applications both in the region and around the globe. A provider of diverse products and specialized services, Al Rushaid is partnered with companies such as Halliburton, Baker Hughes, Weatherford International, Dresser Industries, and Saipem International, to provide technology, products, and services throughout the Middle East. Al Rushaid Technologies Company, the subsidiary of Al Rushaid that focuses on emerging and enabling technologies to support business and infrastructure development, will take the lead in building this partnership with Elecsys. Al Rushaid Technologies is focused on its four key areas of information technology, communications, alternative energy, and solutions. Al Rushaid Technologies has developed numerous partnerships with global solution providers in areas such as cloud computing, business intelligence, mobility solutions, remote data collection, voice recognition, embedded sensors, and other technologies. These technologies are targeted to address many of the challenges facing the oil and gas production, petrochemical, power generation, water, mining, engineering, and construction industries. Karl Gemperli, President and Chief Executive Officer of Elecsys, commented, "We are very pleased to have the opportunity to partner with an organization with the capabilities, experience and reputation of the Al Rushaid Group. Although we have independently deployed pilot programs for multiple large customers in the Arabian Gulf region, we believe this partnership with Al Rushaid can accelerate our expansion into this key region of the world. The ruggedness and reliability of our products, including their ability to survive exposure to high temperatures, high pressures, and harsh chemicals, makes them ideal for deployment at well sites, pipelines, refineries, storage terminals, and other remote locations in the energy and infrastructure sectors. We anticipate that combining our technologies with the advanced capabilities of an excellent business partner such as Al Rushaid will yield many exciting opportunities to develop additional solutions for this rapidly growing market." Elecsys Corp. provides data acquisition systems, machine to machine (M2M) communication technology solutions, and custom electronic equipment for industrial applications. More information: www.elecsyscorp.com ((Comments on this story may be sent to [email protected])) |