$300 Million Weiss Technik to Represent QualMark in Germany and Austria.Business Editors DENVER--(BUSINESS WIRE)--Jan. 24, 2002 QualMark Corporation (Nasdaq: QMRK), a world leader in designing, manufacturing and marketing of HALT (Highly Accelerated Life Testing) and HASS (Highly Accelerated Stress Screening) systems, today announced the company has entered into a strategic sales and marketing agreement with Weiss Technik GmbH, a member of the Schunk Group and a global technologies conglomerate conglomerate, in business conglomerate, corporation whose asset growth, often very rapid, comes largely through the acquisition of, or merger with, other firms whose products are largely unrelated to each other or to that of the parent company. with subsidiaries in 25 countries. This agreement provides Weiss Technik with the ability to sell and service QualMark chambers in Germany and Austria. Weiss Technik employs over 40 sales and service representatives in both Germany and Austria, which have the largest market potential in Europe for QualMark accelerated testing chambers. Mr. Charles Johnston Charles Johnston can refer to several people:
To kick off this new partnership, it was also announced that later this month Mr. Charlie Mr. Char·lie n. Offensive Slang A white person or white people considered as a group. [From the name Charlie, nickname for Charles.] Johnston, President of QualMark, and Mr. Joseph Ruth, Vice President Sales and Marketing for QualMark, will be presenting at the Weiss Technik annual Sales Conference sales conference n → conferencia de ventas sales conference n → réunion f de vente sales conference n → for German and European Representatives. QualMark Corporation, headquartered in Denver, Colorado, is a leader in designing, marketing and manufacturing accelerated life testing systems, providing America's largest corporations with products that improve product reliability and allow them to get to market faster. The Company has installed more than 400 of its proprietary testing systems in 18 countries and operates six of its own testing and consulting ("ARTC ARTC Arthrocare Corp (stock symbol) ARTC Australian Rail Track Corporation ARTC Air Route Traffic Control ARTC Association de la Recherche Theatrale au Canada ARTC Andean Root and Tuber Crops ") facilities in Denver, Colo.; Santa Clara Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.; Detroit, Mich.; Hopkinton, Mass.; Huntington Beach Huntington Beach, city (1990 pop. 181,519), Orange co., S Calif., on the Pacific coast, across from Santa Catalina Island, in an oil-producing area; inc. 1909. It manufactures aerospace vehicles, aircraft parts, optical instruments, and heat transfer equipment. , Calif.; and Winter Park, Fla. QualMark has also formed international ARTC alliances in the United Kingdom, Ireland, Germany, the Netherlands, Italy, France and Sweden. The Company also offers engineering services and products that complement the core technologies of QualMark and other test equipment providers. The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in the Company's Securities and Exchange Commission filings; downturns in the Company's primary markets; variability of order flow, future economic conditions; competitive products and pricing; new product development; disruptions in the Company's operations from acts of God or extended maintenance; transportation difficulties; or the delivery of product under existing contracts and other factors. |
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