Quantify is pleased to announce that it has appointed leading Taiwanese manufacturer, CASwell Inc., to manufacture the Company’s products for both the Australian and international markets.
The initial production run of Quantify Technology’s products will commence immediately, with first production expected to be delivered to Australia in July 2019.
CASwell is a Taiwanese Stock Exchange listed company with $200 million turnover. They are a subsidiary of Foxconn Technology Group which has a market capitalisation of US$20 billion.
Quantify’s CEO Brett Savill said the appointment is of huge significance to Quantify.
“CASwell provides the highest quality, volume production capacity for sales globally,” Brett said.
“The relationship moves the Company towards sales and revenue generation opportunities in the highly significant markets of China and Taiwan.
“The first Purchase Order has been placed and the products will be used to fulfil orders with current distributors in Australia.”
A key part of the Company’s commercialisation strategy has been to source a manufacturing partner that can scale as demand for Quantify Technology’s products grows both in Australia and internationally. CASwell is uniquely positioned to accelerate the Company’s growth strategy.
Read the full ASX announcement HERE