Sensera signs world-wide distribution agreement with Braemac

Just saw this on the Sensera website - not sure if they're going to release an ASX ann?

http://sensera.com/sensera-signs-world-wide-distribution-agreement-with-braemac-to-extend-global-reach

Sensera signs world-wide distribution agreement with Braemac to extend global reach​

by admin | Mar 2, 2020 | MicroDevices Release, Press Release, Sensera News
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Working with experts in IoT and wireless to strengthen worldwide market presence

Sensera Limited (ASX: SE1, “Sensera”, an Internet of Things (IoT) solution provider, today announced that it has signed a worldwide distribution agreement with Braemac. Braemac’s global footprint and strong presence in the entire Pacific Rim region and especially Australia will further extend Sensera’s market coverage.

Founded in 1984, Braemac currently employs over 200 people worldwide, providing state-of-the-art component distribution, design-to-manufacture and supply chain management. Headquartered in Sydney, Australia, Braemac has 21 offices worldwide, from its locations in Australia, New Zealand, Hong Kong, China, Vietnam, Singapore, the UK, Canada and the USA.

Ralph Schmitt, CEO of Sensera, commented, “Braemac is an expert in the Internet-of-Things (IoT) and wireless space; they represent leading brands in these sectors. Our portfolio of products and applications tightly aligns with their business focus and I’m looking forward to us working closely together.”

Kristen Pimpini, CEO of Braemac, said, “Sensera’s leading-edge IoT technology will nicely complement our portfolio of products and enable us to strengthen our range of IoT and sensor-based solutions. This will provide our existing customers with more capabilities, and certainly promises new growth opportunities for Braemac as well.”

The concluded distribution agreement covers the entire range of Sensera’s products, including those of its wholly-owned subsidiary, nanotron Technologies. Sensera is a leading designer and manufacturer of end-to-end sensor solutions and services for the rapidly-growing industrial IoT market.

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About Sensera Limited (ASX:SE1)

Sensera is an Internet of Things (IoT) solution provider that delivers sensor-based products transforming real-time data into meaningful information, action and value. The company designs and manufactures hardware and software across the vertical technology spectrum from unique structures as MicroElectroMechanical Systems (MEMS) and sensors, as well as wireless networked systems and software that when combined, drive an entire IoT platform solution.

Shares in Sensera Limited (ASX: SE1) are traded on the Australian Securities Exchange (ASX). For more information, please visit our website: www.sensera.com.

Any forward-looking statements in this announcement are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, its directors and management.

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