RE: Airline Gambling-redwing
posted on
Jan 18, 2005 08:22PM
digEplayer Press Release
For Immediate Release
Springville, Utah, October 25, 2004
Wencor announced today that it has completed the acquisition of APS, Inc.
APS, the worlds leading supplier of portable Video On Demand personal entertainment systems, located in Tacoma, Washington, will now become another wholly owned subsidiary of Wencor. The APS staff will remain on board and contribute to the continued growth and success of both APS and Wencor.
``The acquisition of APS will allow Wencor to market APS`s existing portable Video On Demand player known as the DigEplayerâ„¢ and give APS additional engineering resources to accelerate the development of additional models built around the VOD entertainment market.`` said Brent Wood, Wencor`s Chief Executive Officer. ``This acquisition is in line with Wencor`s strategy of increasing revenue through acquiring other companies and products both within the United States and across the world.
``This acquisition will improve APS`s ability to sell its products using Wencor`s world wide marketing strength. Wencor regularly sells products to 48 of the 50 largest airlines in the world and many other smaller airlines. In addition to being the number one provider of VOD portable entertainment product in the world, APS also has other airline industry products that Wencor will now market. APS video products will also fit into Wencor`s further penetration into the regional and business jet market place.
``The combination of our technical expertise in the In-Flight Entertainment arena and the resources Wencor can provide will allow us to do more together,`` said Bill Boyer, Founder and Chairman of APS. ``I enjoy the technical side of IFE and Wencor has experience providing leading airlines with products and service.`` APS has 90% market share of the portable VOD market. Four more airlines will start providing DigEplayers to their customers starting November 1st.
Wencor, a member of the Aero Technologies Group, is a current leader in worldwide aircraft product and parts distribution and PMA development. Based in Springville, UT, Wencor sells and distributes more than 200,000 parts, all of which are available through Wencor`s e-commerce website. Wencor provides reliable support and service to its customers and partners.
For more information about Wencor`s products and services, visit www.wencor.com.
Wencor West, Inc.
www.wencor.com
1625 N. Mountain Springs Parkway
Springville, Utah
801-489-2000
Copyright, Wencor West, Inc. 2004