CMH signs MDA with First Choice Marine Supply
Carmanah Technologies Corporation (TSX: CMH) is pleased to announce that it has signed its first Master Distributor Agreement (MDA) with a large marine supply company, First Choice Marine Supply (“First Choice”), headquartered in Tampa, Florida. The agreement covers Carmanah’s Caribbean territory.
First Choice is a large marine supply firm servicing commercial, industrial and ship chandlery markets. With a large sales force covering the United States, Caribbean, Central and South America, First Choice was a natural choice for a Master Distributor. First Choice was already a distributor for Carmanah/Sabik marine lanterns, but the move to Master Distributor status brings important changes. Going forward, First Choice will be Carmanah’s exclusive distributor for the Caribbean region and will now stock higher levels of Carmanah/Sabik inventory so they can provide quicker response to end user requests for solar powered and AC powered marine aids to navigation. As the Master Distributor, First Choice will also be working with many of the previous distributors of Carmanah in the Caribbean region who will now be acting as agents on behalf of First Choice. From their various locations, First Choice will also provide technical support to end users from their various locations.
Greg Nielsen, President of First Choice Marine Supply, stated, “We are very happy to take on the responsibilities of being Carmanah’s Master Distributor for the Caribbean region, and we look forward to growing our relationship with Carmanah. With our large sales force, First Choice interacts with many of the end user customers that regularly use Carmanah/Sabik products. We love the Carmanah/Sabik solar and AC powered marine lanterns and we are eager to sell the full range of marine lighting products to all of our customers.”
Ted Lattimore, Carmanah’s Chief Executive Officer, says, “This is a win, win, win relationship. Through this agreement, First Choice can confidently invest in growing their support and business for the Carmanah/Sabik line of products. Carmanah benefits because we can focus our support on working closely with such a large player in the marine industry while gaining the increased footprint of their large sales force. Most importantly, end customers will benefit from shorter lead times, as well as sales and technical support being offered closer to where they are located.”
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