Stock Market News
Solid State lands exclusive UK distribution rights from VPT
Computing, power and communications products manufacturer Solid State has won a distribution franchise with power solutions firm VPT.
The agreement with VPT, a leading global provider of power conversion solutions for critical power systems in avionics, military and space applications, is for the exclusive rights to UK and Ireland distribution, including VPT's existing client base.
VPT has been active in the UK market for 18 years, building up a loyal customer base, and has a portfolio of products which do not interrupt with Redditch-based Solid State's range, thus offering Solid State to expand its reach.
John Macmichael, managing director of solid state supplies, said: "The VPT product range complements the existing Solid State power operations. They are an innovative, high quality supplier where we are confident that our approach will increase sales beyond the current run rate and broaden the customer base."
AIM-traded Solid State is a supplier of specialist industrial and ruggedised computers, electronic components, advanced antenna products, communications systems and battery power solutions to the electronics market.
As of 0940 BST, Solid State PLC's shares were up 2.08% at 288.90p.
The agreement with VPT, a leading global provider of power conversion solutions for critical power systems in avionics, military and space applications, is for the exclusive rights to UK and Ireland distribution, including VPT's existing client base.
VPT has been active in the UK market for 18 years, building up a loyal customer base, and has a portfolio of products which do not interrupt with Redditch-based Solid State's range, thus offering Solid State to expand its reach.
John Macmichael, managing director of solid state supplies, said: "The VPT product range complements the existing Solid State power operations. They are an innovative, high quality supplier where we are confident that our approach will increase sales beyond the current run rate and broaden the customer base."
AIM-traded Solid State is a supplier of specialist industrial and ruggedised computers, electronic components, advanced antenna products, communications systems and battery power solutions to the electronics market.
As of 0940 BST, Solid State PLC's shares were up 2.08% at 288.90p.
Related share prices |
---|
Solid State (SOLI) share price |
Stock News headlines are gathered from financial news sources around the web. Views and opinions on each item are from their respective authors and website. They are not opinions of LiveCharts.co.uk
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- Top Large UK Shares
- UK Market Sectors
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Royal Mail share price
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Santander share price
- NEXT share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways
- Centrica share price
- Tesco share price
- Taylor Wimpey Share Price
- National Grid
- GKP Share Price
- Marks and Spencer
- Rolls Royce
- Rio Tinto
- THG Share Price
- Aviva Share Price
- Boil Share price
- Easyjet Share Price
- Genedrive Share Price
- SSE Share Price
- IAG Share Price
- Boohoo share price
- HE1 share price
- AVCT share price
- BOOM share price