Announcement
APC Tech Group PLC : New Time Synchronisation Partnership
RNS Number : 3869X
APC Technology Group PLC
24 November 2017
24th November 2017
APC Technology Group PLC
("APC" or the "Group")
APC Technology Group expands time synchronisation
product range following new partnership signing
APC Technology Group PLC (AIM: APC), the design, specification and distributor of specialist technologies and electronic components, has signed an agreement to become the exclusive UK and Ireland distribution partner for Oregano Systems GmbH, the Austrian manufacturer of PTP switches and network interface cards.
The Oregano Systems products complement APC's existing time and frequency synchronisation technologies; enabling their specialist technical team, APC Time, to provide a more complete time stamping solution for customers within high frequency trading, broadcast, telecoms, IT and power sectors.
Established in 2001, Oregano Systems is a provider of proven, ready-to-use network devices to efficiently build an IEEE1588-2008 system. Their range includes network interface cards, single chip nodes, the PTP stack and transparent clocks. All products are compatible with APC's existing Meinberg range of grandmaster clocks and time servers.
Nikolaus Keroe, General Manager of Oregano Systems commented:
"I am excited to be partnering with APC. Through their existing customer base and proactive approach to promoting our products I am confident they can boost our market share in the UK, in line with Oregano's successes in other countries such as USA and Germany. APC's penetration in other vertical markets such as defence, healthcare and rail transport is also attractive to us. By leveraging APC's relationships in these markets Oregano's products can be promoted into the myriad of applications that we service."
More information on the Oregano Systems product range from APC Time can be found on apcplc.com
Enquiries
APC Technology Group PLC +44 (0) 330 313 3220
Richard Hodgson, Chief Executive www.apcplc.com
Michael Thompson, Finance Director
Stockdale Securities Limited (Nominated Adviser and Broker) +44 (0)20 7601 6100
Mark Brown / Antonio Bossi / Edward Thomas
This information is provided by RNS
The company news service from the London Stock Exchange
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