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Tekron records 100% revenue growth - develops new clocks for telecommunications.

Tekron International, a leading developer of precision timing products, today announced that the fiscal year 2011 – 2012 was a stellar year for the company; with Year on Year revenue growth of 100%.

 
PRLog - May 15, 2012 - WELLINGTON, New Zealand -- Charles Norwood, Tekron’s Chief Executive Officer, attributed the impressive figures to a number of activities, including a major expansion into the telecommunications market. “In November 2011, Tekron launched a new GPS clock for the latest wireless communications protocol, LTE. This clock was developed for an Asian headquartered multinational network solutions company and, I am delighted to say, is now being shipped in significant quantities to our customer, who is installing it in thousands of LTE base stations.

“Tekron’s leading position in the power industry was also further consolidated in the past year” Mr Norwood said.  “We are now clear market leaders in Australia and New Zealand and during the year made significant inroads into North and South America, picking up a number of new customers in both key markets.”

“We have started the current fiscal year with confidence” said Mr Norwood. “We will be leveraging off our success of last year and will be aggressively pursuing further opportunities in the telecommunications market. In addition, we expect our market share of the power industry to increase as more and more companies adopt IEEE 1588 (PTP), the latest time protocol.”

Mr Norwood further commented, “As a company, we are extremely innovative with our R&D, customer service and sales and marketing activities. We will never sit back and rest on our laurels, but are constantly seeking ways to improve our products and services. The strategic growth initiatives we implemented last year will be actively followed through in the next 12 months.”

ABOUT TEKRON INTERNATIONAL
We design and manufacturing time synchronization tools for industry and have been doing so since 1999. Our products can be found in more than 60 countries and are sought after by leading companies for which reliable products and excellent back up support are vital.

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Contact Email:
***@tekroninternational.com Email Verified
Source:Marcus Figueroa - Tekron International
Phone:+64 4 566 7722
City/Town:Wellington - Wellington - New Zealand
Industry:Electronics, Technology, Telecom
Tags:lte, GPSclocks, ntp, ieee 1588, GPS
Shortcut:prlog.org/11876189
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