-CDEX Announces Agreement with Decatur Electronics.
Travel Business Review - 31 May 2011
CDEX Inc. (OTCBB: CEXI), a US-based developer of chemical detection products for use in healthcare and security markets, has entered into a new Master Distribution Agreement (MDA) with Decatur Electronics, Inc.
Decatur Electronics will market and distribute its Pocket ID2 drug detection scanner in the US and global markets.
Jeff Brumfield, the company chief executive officer and chairman, said, 'We are very excited to sign a new distribution agreement with Decatur, they have been a great partner to date and we look forward to continued success. Our new agreement provides Decatur with distribution rights worldwide for our new Pocket ID2, which is the predecessor of the ID2 Meth scanner. The Decatur sales team has tested the Pocket ID2, and the initial reaction and feedback is very favourable. The revised MDA has built in annual sales minimums for the first three years and every year thereafter, which reflects the confidence in our products widespread appeal. Decatur will feature the Pocket ID2 at industry tradeshows as well as their marketing collateral and promotional materials, which should bolster its recognition and approval in the market.'
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((Distributed via M2 Communications - http://www.m2.com)).END.PUB430>PDMay 31, 2011>JNTRAVEL BUSINESS REVIEW.PRICEDATENOT APPLICABLE.DAY
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|Publication:||Travel Business Review (TBR)|
|Date:||May 31, 2011|
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