Directors of Manaccom Corporation Limited (ASX:MNL) are pleased to announce that the software publishing and distribution subsidiary – Manaccom Pty Ltd – is expanding its product lines into game console accessories. Manaccom Pty Ltd has signed an exclusive distribution agreement with Melbourne based console accessories group Futuretronics, to sell game console accessories through the Harvey Norman Group.
The attached announcement provides further details.
For further Information:
CEO, Manaccom Corporation Limited
(07) 3331 5999
Manaccom Signs Exclusive Deal for Game Console Accessories
Manaccom, Australia’s favourite software publisher and distributor, has signed an agreement with Melbourne based console accessories group Futuretronics, to sell game console accessories through the Harvey Norman Group.
The agreement gives Manaccom exclusive rights to distribute Futuretronics game console accessories through the Harvey Norman group's retail stores nationwide.
Manaccom CEO James Mackay believes the agreement will fortify Manaccom’s market position and will continue to build on the mutually beneficial relationship that Manaccom has with Harvey Norman.
“This new agreement will strengthen the existing relationship between Manaccom and Harvey Norman” Mr. Mackay said.
“We have been a supplier to Harvey Norman for many years and are delighted to begin a new phase of growth with the Harvey Norman Group.”
Harvey Norman sold millions of dollars worth of Manaccom products during the financial year ending 30 June 2007. It is expected that the Futuretronics deal will see that revenue figure grow further.
“We're very excited about the potential revenue growth this agreement is expected to bring and we're delighted to be delivering this great product range to Harvey Norman” Mr. Mackay said.
The agreement enables Manaccom to obtain a competitive edge and solidify a market position as one of Australia's leading IT distributors.
“Manaccom is excited to build on our existing PC accessories segment, and we are pleased to provide a more diversified product range, giving Manaccom greater involvement and increased opportunities in the marketplace” Mr. Mackay said.