Maris-Tech Enters Into an Agreement With Precision Electronics Ltd, a Major Distributor in India
Portfolio Pulse from Benzinga Newsdesk
Maris-Tech Ltd. (NASDAQ:MTEK), a B2B provider of edge AI accelerated video solutions, has entered into a distribution agreement with Precision Electronics Ltd. (PEL) in India. PEL will act as the master distributor for Maris-Tech's products in India, with the license to sell and promote all Maris-Tech's solutions and custom products.
August 30, 2023 | 12:03 pm
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Maris-Tech Ltd. has entered into a distribution agreement with Precision Electronics Ltd. in India, potentially expanding its market reach and increasing sales.
The distribution agreement with Precision Electronics Ltd. in India could potentially expand Maris-Tech's market reach and increase sales in the region. This could have a positive impact on the company's stock price in the short term.
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