Ancom Systems (Singapore) Pte. Ltd. and Powertonix S.p.A Signs Co-operation Agreement
03 January 2005
On December 23, 2004, Ancom Systems Singapore and Powertronix from Milan, Italy executed a co-operation agreement to undertake the following:
- To incorporate a private company named Ancom PTX Technology (Singapore) Pte. Ltd.
- To carry out sales and distribution of a range of high frequency (HF) transformerless Uninterruptible Power Supply (UPS) systems in certain countries within Asia.
- To co-operate and engage in manufacturing of HF transformerless UPS in the People's Republic of China.
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