Welcome To The Active Control Technology HUB On AGORACOM

We make wireless work.

Free
Message: RAE Systems - coal mine safety JV in China

RAE Systems - coal mine safety JV in China

posted on Mar 11, 2008 06:45AM
http://money.cnn.com/news/newsfeeds/articles/marketwire/0371654.htm

Excerpts from press release:

""During 2007, we focused on integrating the RAE Fushun coal mine safety joint venture and continuing to deliver innovative new products. We also introduced six new, multi-use products, to serve the energy, industrial, chemical, safety and government security markets in more than 85 countries. Given our market and geographic diversity, along with our targeted expense reduction programs, we believe we are well positioned to increase 2008 revenue by 15 percent to 20 percent over 2007 and be profitable for the full year," said Chen.

.....

"Fourth Quarter 2007 Business Highlights

-- The company entered into supplier partnerships with two of the largest
state run China coal mine operators, which resulted in orders for digital
mine safety instruments, breathing apparatus and other mine safety
equipment."

.....

About RAE Systems

RAE Systems is a leading global provider of rapidly deployable sensor networks that enable customers to identify safety and security threats in real time. Products include multi-sensor chemical detection networks, wireless gas detection systems and radiation monitors for energy production and refining, industrial and environmental safety, and public and government first responder security. RAE Systems' products are used in over 85 countries by many of the world's leading corporations and by many U.S. government agencies. For more information about RAE Systems, please visit www.RAESystems.com.

Share
New Message
Please login to post a reply