Profilo Telra and ITN to coordinate U.S. marketing

Profilo Telra and ITN to coordinate marketing efforts in USA. Profilo Telra is one of Europe's leading manufacturer of consumer electronics with markets in France, Turkey, Germany, UK, and Poland.

Thousand Oaks¾ California-based International Technologies Network, Inc. (ITN) and Pofilo Telra Electronics Industries, Inc. of Istanbul have agreed to coordinate efforts to market consumer electronic products such as TV-DVD combos, plasma TV, color TV, and cash registers in the United States.
Telra is one of Europes pre-eminent manufacturers of consumer electronics with offices and facilities in Turkey, Lithuania, and Poland. Telra produces cash registers (claiming 50% of Turkeys market), color TV, TV-DVD combo, etc. ITN supplies several key components such as molds, PCB, speakers, etc. for Telras products from its factories in China.

Under the newly finalized agreement, Telra and ITN will jointly market TV-DVD combo, color TV, and cash registers in the United States. The products will be marketed under the Profilo® or ITN® brand. The Profilo® originated products are already well known in Europe with significant sales in Turkey, Germany, UK, France, Portugal, Spain, Italy, Austria, Greece, and Romania. Additionally, Profilo is manufacturing these products on OEM basis for leading European brands such as Telefunken, Saba, Siemens, Philips, etc.
The ITN® brand is well recognized in Turkey and China.

We are very excited about this venture," said Farzad Kuchani, CEO of Profilo. We hope that our manufacturing strength combined with ITNs marketing ability would create a market presence in the U.S."
S. R. Nair, president of ITN, Inc., said, The tie-up with Profilo gives us a significant edge. With their brand recognition in Europe, product quality, and competitive pricing, we hope to make inroads into the U.S. market."
ITN is a privately held California corporation specializing in China ventures. ITN currently has offices in Los Angeles, Beijing, and Istanbul. Products exported by ITN include air-conditioners, consumer electronics, printed circuit boards, heavy-duty batteries, and audio speakers. ITNs Consulting Division has consulted for such companies as Sheldahl, Inc. (Nasdaq: SHEL), Jabil Circuits, Inc., (NYSE: JBL), Johnson Matthey plc (LSE: JMAT), and Cookson Group plc (LSE: CKSN). ITNs Franchise Division holds, through an investment company in Hong Kong, interests in the Master Franchise for Chem-Dry® in China (including Hong Kong and Macao). For more information about ITN, please visit http// www.itnusa.com.
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