Press release
Lund, December 10, 2009
Doro strengthens its presence in Asia by commencing sales in Hong Kong
Doro has signed a distribution agreement with the major Hong Kong-based mobile
phone distributor Camdenville. The company will now market Doro's popular and
easy-to-use mobile phones for seniors to several store chains. These include
key operators' own stores and retailers. Sales are expected to commence in the
first quarter of 2010.
“We are very pleased to announce this cooperation,” says Jérôme Arnaud,
President and CEO of Doro. “This is a first result of our efforts in the
Asia/Pacific region for some time now. After revealing, earlier this year, new
partnership with Orange and Carphone Warehouse in Europe and Consumer Cellular
in US, it confirms our strategy to add distributors as we expand
internationally.”
“Camdenville is an important distributor for us,” Arnaud continues. “The
company is distributing products which are different from mainstream products.
When it comes to senior market approach, the strong partnership being
established between Senior Citizen Home Safety Association in Hong Kong (SCHSA)
and Doro/Camdenville will constitute a very good platform for our market entry.
” Commenting on the agreement, Timothy Sy, Director at Camdenville says: “Doro
has achieved great success in Europe and we hope that the same will also happen
in Asia.” He continues: “In Hong Kong, we see a growing market for easy-to-use
mobile phones. We feel particularly well positioned to address this growing
demand together with Doro.”
About Camdenville
Camdenville is a wholly owned subsidiary of Global Tech (Holdings) Limited,
which is listed on the Hong Kong Stock Exchange. The group has more than 18
years' experience of sales and distribution of telecom products from many of
the world's leading manufacturers. The group works with well known retailers,
helping them enhance their sales by offering solutions for marketing,
distribution and after sales service. Today, the group has an extensive
distribution network covering large parts of the
Chinese mainland, Hong Kong, Macau, as well as Taiwan.
For further information, please contact:
President and CEO Jérôme Arnaud, +46 70 918 55 42 or
CFO Annette Borén, +46 70 630 00 09
Images are available at www.doro.com
This is information that Doro AB (publ) is required to publish in accordance
with the Swedish Securities Markets Act and/or the Swedish Financial Trading
Act. This information was submitted for publication on Thursday, December 10,
2009 at 10.00 CET.
About Doro
With over 30 years' experience in telephony Doro is today characterized by
innovative and user-friendly consumer electronics products. The company
develops, markets and sells a wide range of products in two business units:
Care Electronics and Home Electronics. The company's products are sold in more
than 30 countries worldwide through a variety of retail outlets, including
electronics stores, online stores and specialized channels. In 2008, the
company generated sales of SEK 363 m. Doro's shares are quoted on the OMX
Nordic Exchange Stockholm, Nordic list, Small companies.
Read more about Doro at www.doro.com
