Posted On: 08/27/2013 5:41:06 AM
Post# of 36
ESIV
Hong Kong - (Accesswire - August 26, 2013) - Essential Innovations Technology Corp. (ESIV) is pleased to announce that it has secured exclusive representation rights to Dubai and the United Arab Emirates (UAE) for the entire line of HVAC equipment manufactured by Mammoth China.
Jason McDiarmid, CEO, said, "We have contracted for the exclusive rights to sell the complete line of Mammoth China equipment in Dubai and the UAE. These are some of the most progressive and well financed development markets in the World, and there exists in particular, a distinct interest in the application of heat pump technology to efficiently service and supply the substantial cooling demand. We expect to achieve a minimum of $1,000,000 USD worth of product sales in this collective territory through the end of calendar 2014. To further enhance our market penetration efforts in the region, we are in the latter stages of negotiations towards finalizing the structure of a joint venture company in Dubai that will help to ensure the success of our sales initiatives. It is our intent to expeditiously secure and close on the formation of this joint venture company prior to the end of August 2013. We stand poised to effectively meet the significant demand for HVAC equipment that this hugely active construction environment provides."
Hong Kong - (Accesswire - August 26, 2013) - Essential Innovations Technology Corp. (ESIV) is pleased to announce that it has secured exclusive representation rights to Dubai and the United Arab Emirates (UAE) for the entire line of HVAC equipment manufactured by Mammoth China.
Jason McDiarmid, CEO, said, "We have contracted for the exclusive rights to sell the complete line of Mammoth China equipment in Dubai and the UAE. These are some of the most progressive and well financed development markets in the World, and there exists in particular, a distinct interest in the application of heat pump technology to efficiently service and supply the substantial cooling demand. We expect to achieve a minimum of $1,000,000 USD worth of product sales in this collective territory through the end of calendar 2014. To further enhance our market penetration efforts in the region, we are in the latter stages of negotiations towards finalizing the structure of a joint venture company in Dubai that will help to ensure the success of our sales initiatives. It is our intent to expeditiously secure and close on the formation of this joint venture company prior to the end of August 2013. We stand poised to effectively meet the significant demand for HVAC equipment that this hugely active construction environment provides."
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