MTI Wireless Edge Product representation and distribution agreement

MTI Wireless Edge Limited
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MTI Wireless Edge Limited (LON:MWE), a market leader in the manufacture of flat panel antennas for fixed wireless broadband and a wireless irrigation solutions provider, announced today that its wholly owned subsidiary, Mottech Water Solutions Ltd (“Mottech”), a leader in remote control solutions for water and irrigation applications and the global prime distributor of Motorola for the IRRInet remote control solution, has entered into a product representation and distribution agreement with Bermad Italy s.r.l (“BIT”) for the distribution of its solutions in Italy and Morocco. Bermad is a best-in-class manufacture, sales and marketing organization that is deeply involved in the agriculture and water distribution valves markets with 800 employees, 12 subsidiaries and a global presence in 132 countries. BIT will be Mottech’s exclusive representative in the agriculture and water distribution markets in Italy and for the entire market in Morocco.

“Everyone at BIT is very excited about bringing on Mottech’s product line” said Luis Zelman, General Manager of Bermad Europe. “Mottech IRRinet is a best-in-class solution for wireless control solutions for water and irrigation applications with a proven track record and a superior product. It makes a great addition to our offering, providing our customers with even more solutions.” added Michele Suzzi, country manager of BIT.

“We are pleased to bring on a high quality organization like Bermad to extend the reach of Mottech’s salesforce” said Dov Feiner, Chief Executive Officer of MTI Wireless Edge Limited. “Beyond the obvious increase in revenues, this agreement represents a strategic move, helping us further develop the Italian market and introducing a new territory, Morocco, in which we do not currently work and is a first entry into the North African market” added Dov Feiner.

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