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Share Name | Share Symbol | Market | Type |
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TSXV:ACT | TSX Venture | Common Stock |
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Active Control Technology Inc. (TSX VENTURE:ACT), a leading provider in the design, manufacture and marketing of wireless and fiber network solutions for mine communications, today announced that through an exclusive reseller agreement with Strata Worldwide, it has now expanded its sales, marketing and technical support reach across North America and internationally. Active's MSHA-approved Wi-Fi network with voice, data and tracking system complements Strata's existing product offerings. The new alliance provides ACT with sales and marketing penetration and a technical support infrastructure in underground mining markets that were previously unavailable. "With the addition of digital phones and a Wi-Fi network to Strata's current products, we can now offer customers a comprehensive communications package," states Strata's National Sales Director Chris Adkins. "After testing the system underground in West Virginia," continues Adkins, "we are very impressed with the system performance. We are excited about the opportunities available by leveraging the wireless network and introducing this solution to our new and existing customers." "This is a very exciting partnership for Active Control" states ACT's CEO Jonathan Emanuel, "we believe that the synergies between the companies are immediately accretive". About Strata Worldwide Strata Worldwide is a global leader in the design and manufacture of emergency refuge chambers, innovative underground roof support systems and a provider of mine construction services to underground mining operations. The company is committed to designing and developing better products and improved solutions for its customers, and it offers a selection of wireless communications and tracking systems for both day-to-day operations and emergency situations. Company headquarters are located in Atlanta, Georgia, USA and a collection of engineering, service and sales support facilities and offices are located around the world to provide customers with local representation and support. Current locations include mining regions of the United States, Europe, Australia, South Africa, China and Mexico. For more information, visit www.strataworldwide.com. About Active Control Technology Active Control Technology is a leading provider in the design, manufacture and marketing of wireless and fiber network solutions for mine communications, mobile power solutions and the commercial security and access control industries. The Corporation has three product lines: ActiveMine(TM), a fully integrated wireless and/or fiber communications and locating technology for underground coal mines, PowerCart(TM), a leader in solutions requiring backup and mobile power and ActiveSecure(TM), a family of wireless products for the access control industry. Located in Burlington and Mississauga, Ontario, Canada, and Medina, Ohio, USA, Active Control Technology trades publicly on the TSX Venture Exchange under the symbol ACT. For more information, visit www.activecontrol.com. Cautionary Note Regarding Forward-Looking Statements: This press release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as changes in demand for and prices for the products of the Company or the materials required to produce those products, labour relations problems, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. The reader is cautioned not to put undue reliance on such forward-looking statements.
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