Qualmark Expands Into India With First Order Thursday May 17, 8:02 am ET
DENVER--(BUSINESS WIRE)--Qualmark Corporation (OTCBB:QMRK - News) a world leader in designing, manufacturing and marketing HALT (Highly Accelerated Life Testing), HASS (Highly Accelerated Stress Screening) and electrodynamic systems (Ling Electronics), today announced that the Company has received a purchase order for a Typhoon Chamber from a large independent R&D service provider in Bangalore, India. Additionally, the chamber will be displayed at the company's open Research & Development test lab to showcase Qualmark's equipment in India.
The Typhoon chamber will be used to test computer related components. This purchase order represents the first HALT/HASS sale in India and was a result of a recent business trip by Charles Johnston, CEO and President and Jeffrey Hale, VP of Sales. Furthermore, this HALT/HASS system is not only the first order for Qualmark in India, it represents the first of its kind in within the Country. Revenues from electronics manufacturing in India are estimated to grow from about $10.4 billion in 2006 to $22.3 billion in 2010, according to market researcher iSuppli.
Charles Johnston, CEO and President, stated, "Qualmark is very pleased to enter India with our first order. Prospective customers in this region include computer, cellular, broadband, among other manufacturers serving various industries. We have developed the infrastructure to attain sales with the hiring of a new business development employee, as well as a service and support program that will compliment our business model within the region. Most analysts and electronics industry executives believe the electronics industry will grow in India and be driven by manufacturing by OEMs and EMS providers, this said, we believe our early presence in India will enable us to serve our current customer base as well as penetrate new market segments."
Qualmark Corporation, headquartered in Denver, Colorado is the leader in designing, marketing, and manufacturing accelerated life-testing systems (HALT and HASS) providing the world's largest corporations with solutions that improve product reliability and allow them to get to market faster. The Company has installed more than 600 of its proprietary testing systems in 35 countries. The Company operates and partners with ten testing facilities worldwide.
The Company also offers electrodynamic vibration solutions through its subsidiary, Ling Electronics.
Ling Electronics, headquartered in West Haven, Connecticut is the leader in supplying electro-dynamic systems, components, and service to the worldwide vibration test equipment market.
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