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 VALERE
AND POWERBOX SIGN PARTNERSHIP TO DELIVER DC POWER SYSTEMS IN AUSTRALIA/NEW
ZEALAND
Leading Companies Team to Penetrate Oceania Telecommunications Power Systems Market RICHARDSON, TX — May
3, 2004 — In a move to enter the Australian/New Zealand (Oceania)
market, Valere Power, a leading U.S.-based provider of DC power systems
for the telecommunications services industry, today announced it
has signed a reseller and joint development agreement with the Powerbox
Australia
Pty Ltd (www.powerbox.com.au),
Sydney, Australia.
Powerbox Australia Pty Ltd will sell Valere’s entire range of DC Power Systems as standalone systems. Powerbox will also use Valere products in its custom-designed solutions intended to meet the needs of the customers. “ The success of broadband and wireless data networks throughout the Ocenia market is fueling demand for more compact and efficient power systems as service providers and businesses transition to next-generation networks and react to new competition,” said Andy Marsh, Valere Power president and CEO. “This is an excellent opportunity for Valere to grow its business in Australia. Partnering with Powerbox brings market expertise, a broad sales network in many industries, expanded capabilities and a great reputation to help us achieve that goal.” Powerbox Australia Pty Ltd has a solid history with industrial, marine/automotive and medical customers, and will expand its vertical market reach to include communications OEMs with the new systems from Valere. “ We will use our strong sales and support presence in Australia to make the Valere Power products available to the Australian market” said Marc S. Rutty president of Powerbox Australia Pty Ltd. “Our partnership with Valere will deliver a new program of very competitive DC systems solution that enables us to meet the most advanced demands of our customers at attractive conditions.” ABOUT VALERE POWER Valere has grown rapidly over the last year as carriers
seek the company’s compact and more efficient power plant for new enterprise,
DSL and 3G networks. The company has patented DC power technology that dissipates
35% less heat, resulting in systems that are 50% smaller than industry norms.
Valere is rapidly establishing operations throughout Asia Pacific by building its own direct sales force and teaming with leading Asia Pacific systems resellers and integrators such as Powerbox. Valere Power, headquartered in Richardson, TX, is an advanced AC/DC power system company with proprietary technologies that reduce power dissipation and system size, simplify installation, and offer advanced remote monitoring for telecommunications service providers and enterprises. More information is available at www.valerepower.com. PRESS CONTACT
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