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Minaean Secures Further Additional Purchase Orders for Installation of ATM Kiosks
Minaean Secures Further Additional Purchase Orders for Installation of ATM Kiosks
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[{"type":"text","content":"\nMinaean Secures Further Additional Purchase Orders for Installation of ATM Kiosks\n\n\n Jun. 17, 2009 (Filing Services Canada) -- Minaean International Corp. (MIB - TSX Venture, NJA - FWB, NJA - BSE), is pleased to announce that its wholly owned subsidiary, Minaean Habitat (India) Pvt. Ltd. (MHI), has secured an additional purchase order for the supply and installation of 10 new ATM Kiosks across India. The purchase order comes as a follow up to the first order of 12 units that was received earlier this year.ATM Kiosks remain a key product in the Modular Buildings division of MHI. The units are wholly manufactured and prefabricated in-house and then shipped to site for installation under the supervision of MHI engineers. The purchasers - some of India's leading banks - have jointly confirmed a need for 10 such units through their security systems vendors. This order represents an approximate revenue generation of over $115,000.The additional order is testimony to the quality commitment of the Company. MHI has now supplied a total of 41 such ATM Kiosks and expects to further secure additional orders in the coming financial year. MHI remains one of the market leaders in the supply and installation of such units in the Indian market. About Minaean Minaean Habitat (India) Pvt. Ltd., a wholly owned subsidiary of Minaean International Corporation, is well known for its pioneering efforts in the manufacture of LGS components for the construction industry and modular metal buildings in India. It offers a wide range of applications and has three manufacturing facilities, two in Mumbai and one in Bangalore with a full fledged design and engineering team comprising 80 employees.The application of the modular building concept has been expanded to include the manufacture and installation of Bus Queue Shelters, ATM Modular Buildings, Modular Toilets and Public Washrooms, office blocks and bunkhouses for campsites. The strong, affordable, ecologically sustainable structures present a promising solution to the mass housing shortages in developing countries and disaster-stricken areas, in addition to a range of conventional applications. Moreover, MHI now sees itself as the leading manufacturer of such modular units within the Indian market.The shares of Minaean International Corporation (parent company) are publicly traded on the TSX Venture ...