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News » Distribution Agreement Monday, June 18, 2007 :: viewed 340 times
RNS Number:5184Y
SerVision plc
18 June 2007


                                                                    

                                 SerVision Plc
                         ("SerVision" or "the Company")

             SerVision agrees distribution deals in USA and France

SerVision Plc, the AIM listed leading developer and manufacturer of digital
security systems, is pleased to announce that it has signed distribution
agreements in both France and the USA with a combined total value to the Company
of over $700,000 in the first full year.

In France, the Company has agreed terms with the distributor MPLC to deliver
$400k of SerVision products by the end of the calendar year, whereby SerVision
will provide its entire range of SVG, IVG and HVG equipment as well as the
necessary technical training and operational assistance, concentrating on its
three core markets - commercial, transportation and residential.

In the USA, a similar deal has been agreed with SGI Ltd with a value of $300k to
SerVision over an initial twelve month period.

Gidon Tahan, SerVision's Chairman and CEO, commented: "We are delighted with
both of these agreements which continue the sales momentum that SerVision has
experienced recently. We are confident that the quality of our products will
continue to attract greater awareness, allowing us to expand our geographical
reach and market penetration even further."

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