Avanceon Announce Partnership

Avanceon FZE and ATCO LLC Announce Business Partnership across the Kingdom Of Saudi Arabia

Lahore, Punjab – Avanceon Ltd [KSE: AVN] and A.A. Turki Company for Trading and Contracting LLC [ATCO] are pleased to announce the beginning of their partnership, signed on July 10th 2014. As part of their commitment towards the region, both parties have set out a very cogent business plan for the region that leverages the strengths of both organizations. The partnership will also enhance the quality and efficiency levels of all their projects.

ATCO will act as an exclusive local partner for all future industrial projects of Avanceon including PLC, SCADA and Telemetry systems, automation solutions, energy management solutions and high end software solutions. Avanceon will also rely upon ATCO’s local expertise in the areas of market knowledge, customer relations, approvals processes and working documentation. The two parties will enter into a one year rolling contract from this point onwards.

“Avanceon are growing in prestige and their reputation precedes them. We are pleased to be working with on key markets in the region,”

– Fahad Al-Tuki, Group CEO of ATCO Group.

“As a perpetually evolving solutions specialist, we found the perfect partnership in ATCO to enter into what will be a key market for our future growth in the Middle East region. ATCO are the pioneers of industrial automation business in KSA and we look forward to enjoying the fruits of our efforts together,” Bakhtiar H. Wain, CEO at Avanceon, commented.

 

The Department of Marketing


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