Tekron Reports Record Year-end Results

PR Log (Press Release) – Apr 16, 2009 – Tekron International, a leading developer of GPS timing products for the power industry, is pleased to announce record sales figures for the year ending March 31 2009.

During the year:
•   Revenue in North America increased by 50%
•   The number of customers increased by 50%
•   New resellers were added in Asia and Europe

Ian Mills, Tekron’s Commercial Director, commented:

“By any measure this was Tekron’s best year: we had the highest revenue in our 10-year history, our customer base grew dramatically, we increased our headcount by 20% and we are well down the path with the development of some exciting new products; all this during the worst recession in living memory. I firmly believe we are well positioned to further increase our market share in the coming year.”