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Xinnova Technology Ltd Acquires SiTest Solutions Ltd - Companies to focus on industrial & automotive-grade green devices
Xinnova Technology Ltd Acquires SiTest Solutions Ltd

 

PRZOOM - /newswire/ - Shanghai, China, 2011/01/18 - Companies to focus on industrial & automotive-grade green devices.

   
 
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Xinnova Technology Ltd today announced that the company has reached an agreement to acquired SiTest Solutions Ltd. of Hong Kong. The acquisition allows Xinnova Technology to establish a logistics hub in Hong Kong, and brings additional resources to its sales, customer service, and operational-related departments.

Mr. Paul Lui, CEO & President of Xinnova Technology Ltd. stated, "Xinnova Technology is focusing on providing products to the industrial & automotive sector, with a strong emphasis on ultra-low power, energy saving, green components. The acquisition of SiTest Solutions in Hong Kong will help us to realize these goals and it will bring additional resources and expertise into key areas of our organization".

"We are pleased to become a part of Xinnova Technology and are looking forward to providing additional support and expertise", stated John Ritchie, Managing Director of SiTest Solutions Ltd. "Existing SiTest Solutions customers will benefit from the expansion activity that will take place in the Hong Kong facility. At the same time, we will be adding to the support structure for the Xinnova Technology product line."

For more information on Xinnova Technology Ltd., please visit xinnovatech.com/.

Media Contact: Kaki Leung
SiTest Solutions Ltd
Xinnova Technology Ltd
Hong Kong Office Manager
P: +852 3980-9230 / E: kaki_leung[.]sitestsolutions.com / E: kleung[.]xinnovatech.com.

 
 
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Agency / Source: Xinnova Technology Ltd

 
 

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Xinnova Technology Ltd Acquires SiTest Solutions Ltd

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Contact: Snow Xu - XinnovaTech.com 
+86 21 3871 0908 x7114 sxu[.]xinnovatech.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Xinnova Technology Ltd securities in any jurisdiction including any other companies listed or named in this release.

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