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PRZOOM - /newswire/ -
Mumbai, Maharashtra, India, 2007/06/21 - Micro Technologies has entered into a strategic agreement with TWI International PTY Ltd to market Micro VBB (Vehicle Black Box) to South Africa, which is one of the largest markets for these security solutions.
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South Africa and other adjoining countries have a very lucrative and rapidly expanding market, which offers excellent opportunities for Micro Technologies vehicle security products. The market is aware of the fast pace of the new technologies involved in Security Management and the need for up-to-date asset security and safety systems, combined with an early-mover advantage will give Micro Technologies an edge above the others.
TWI based in Cape Town South Africa has its offices in Durban and Training staff over 2 continents. TWI has a record of implementing productivity improvement programmes in vehicles worldwide, implementing programmes in South Africa, Zimbabwe, United Kingdom, Thailand Sweden, Germany, Romania, Ghana and Malawi and has now entered into an agreement with Micro Technologies to market these security solutions in this lucrative market.
Mr. Vijay Merchant, Vice President Marketing, Micro Technologies India Ltd commented, “The expansion of Micro Technologies to South Africa and adjoining countries is an important development for both the security segment and the company. As a global company Micro Technologies (microtechnologies.net) continues to expand the horizons in terms of its security product offering to the customers and growing its footprint geographically.”
After testing this products and getting approvals from required authorities including insurance companies in South Africa. Mr. Victor Chinn, Managing Director of TWI International on the signing of this agreement said “These systems have got very good acceptance after installing these on several vehicles. We have observed that this is the best solution, which could be offered to the vehicle owners in South Africa, which reports a large number of Vehicle Security problems. We have vehicle owners as one of our large buyers along with corporate and large Government bodies like Police who have shown great interest for efficient management of their fleet through the use of Micro VBB”
Requirement of Vehicle Security across the globe has increased to manifolds with the increasing number in vehicle thefts. “Micro VBB” developed by Micro Technologies is a security and messaging anti-theft device. This intelligent box senses any intrusion of vehicle doors and immediately communicates such events to the registered user's mobile through SMS, with several other unique features it offers total security to one’s vehicle.
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