Business
Exclusive Asian Distribution Agreement-CTA DIGITAL
Exclusive Asian Distribution Agreement-CTA DIGITAL.
About this update from Xps Pensions Group Plc
[{"type":"text","content":"\n \nRNS Number : 0982M EXPANSYS plc 11 August 2011 \n \n\nEmbargoed: 0700hrs 11 August 2011\nEXPANSYS plc\n(\"EXPANSYS\" or the \"Group\") \nExclusive Asian Distribution Agreement with CTA DIGITAL\nEXPANSYS plc, a leading global online retailer of wireless technology and provider of mobile network solutions, has become the exclusive distributor for CTA DIGITAL INC. (\"CTA\") throughout Greater China (China, Taiwan, Hong Kong) and for online channels in Japan and Korea. \nCTA is a world leading video game accessories business, based in the USA, developing accessories for every gaming console and platform, designed to enhance the way that consumers experience technology. Gaming accessories is a high growth international market worth nearly $800 million in the month of December 2010 alone. \nEXPANSYS Asian websites will retail CTA's enormously popular gaming accessories (exclusively in Greater China). CTA's recent products include the Assault Rifle and Submachine Gun for PlayStation Move, Starter Kits for 3DS and Xbox 360 Kinect, Inflatable Racing Kart and Bowling Ball for Nintendo Wii. \nAnthony Catterson, Chief Executive of EXPANSYS, commented:\n\"This is a significant opportunity for EXPANSYS' Asian business. There are tens of millions of gaming consoles and devices in homes throughout Greater China, Japan and Korea, which are growing rapidly as developing affluence and extension of broadband solutions, both fixed and mobile, support online gaming and deeper customer experiences. CTA develops innovative and market leading products for this sector. To be selected as CTA's exclusive distributor is a huge recognition of EXPANSYS' retail and distribution capability in the Asian market.\"\nSteve Stern, VP of Sales at CTA DIGITAL, commented:\n\"As a leader in the fast growing Gaming Peripherals market, CTA needed a partner with logistical expertise, a solid track record, and an extensive reach to both consumers and B2B sales channels throughout Asia. We believe EXPANSYS has a unique proposition that meets that need, and we look forward to offering our exciting product line throughout the region with them.\"\nFor further information, please contact:\n\n\n\n\nEXPANSYS plc\nAnthony Catterson, CEO\nChris Ogle, CFO\n \n\n\nTel: +44 (0) 161 918 3499\[email protected]\n\n\n\n\nCenkos Securities\nStephen Keys or C...