PFORZHEIM, GERMANY - AMI DODUCO has signed ATOP International Ltd., a leading Asian sales agency, to expand its sales of electrical contact products and thermostatic bimetals in southern China.
ATOP, founded in 1999, is headquartered in Fo Fan, New Territories (NT), Hong Kong and has an office in the Shenzen Special Economic Zone. The agency will represent AMI DODUCO’s entire line of products in Guangdong Province, including the Shenzen and Hong Kong and its electrical contact products in Taiwan.
“The territories covered by ATOP have China’s greatest concentration of manufacturers in the high growth areas of appliances, automotive relays, switches and wiring devices,” said Guenther Horn, Vice President of Technology at AMI DODUCO, who heads up the company’s Chinese operation. “ATOP’s experience and excellent reputation with these manufacturers will enable AMI DODUCO to significantly expand its sales coverage with both domestic Chinese as well as foreign-invested firms.”
AMI DODUCO acquired a local electrical contact manufacturing operation in Tianjin, China in late-1999. This facility has been extensively upgraded and now produces a wide-range of electrical contact materials and parts for electrical equipment manufacturers in East Asia as well as domestic Chinese manufacturers.
“We are excited to represent AMI DODUCO, the first Western-quality electrical contact supplier in China,” said Paul Yeung, President, ATOP International. “AMI DODUCO’s technology and reputation combined with the favorable manufacturing environment in China is a winning formula for strong growth.”
Headquartered in Export, Pennsylvania, AMI DODUCO, a Technitrol Company (NYSE: TNL) is a global leader in electrical contact technology and fabrication. The company supplies contacts and assemblies, contact materials, thermostatic and laminated metal products, electroplating and surface treatment services, and precious metal refining and recycling to more than 3,000 customers. AMI DODUCO operates from locations throughout North America, Europe and Asia. Its Web site is http://www.amidoduco.com
For more information about ATOP International Ltd., call (852) 2690 4532 or inquire by fax (852) 2690 4521.
Cautionary Note: This message contains "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ
materially. This release should be read in conjunction with the factors set forth in Technitrol's report on Form 10-Q for the quarter ended June 29, 2001 in Item 2 under the caption "Factors that May Affect Our Future Results (Cautionary Statements for Purposes of the 'Safe Harbor' Provisions of the Private Securities Litigation Reform Act of 1995)."
