Solution Technology International Activates 'Export Maryland' Grant October 30, 2007 (2:30 PM EST) PRNewswire
MCHENRY, Md., Oct. 30 /PRNewswire-FirstCall/ -- As part of the Company's international sales and marketing program, Solution Technology International, Inc. ("STI") announced today it has activated an "Export Maryland" Grant awarded to STI earlier this year by the State of Maryland to identify and engage in "high-level" meetings with organizations to secure clients, resellers and IT partners for its reinsurance support environment throughout the Chinese and Singapore markets.
Dan Jonson, President & CEO stated, "The competitively awarded Grant was provided by the Maryland Department of Business & Economic Development to promote STI's sales and marketing effort throughout the Asian market, which presently is conducted in cooperation with the Maryland China Center, Shanghai and the US-ASEAN Business Council in Singapore. Both organizations are providing valuable assistance with market research, introduction to, and initial due diligence of the targeted business opportunities. In addition, the Commercial Service Department of the U.S. Embassy in Singapore has offered to arrange for STI meetings to which selected insurance and reinsurance companies in the region will be invited by the Embassy to learn about the SurSITE(R) solution. An invitation by the U.S. Embassy would most likely receive more attention from prospective customers than STI alone would receive as we are building a market presence in this fast growing region." Mr. Jonson stated further, "The Chinese and Southeast Asian markets offer significant opportunities for insurance and reinsurance related support systems like STI's SurSITE(R) Reinsurance Platform, which we now actively introduce to targeted potential clients, resellers and IT partners in China and Singapore."