Telops increases its presence in the Asian market via its partnership with Indeco Inc

New business opportunities in Japan for Telops

Quebec, Canada January 30, 2003 -- Telops, a company specializing in the design and manufacture of optronic test systems, is proud to announce the signing of a distribution agreement with an important partner in Japan, Indeco Inc. This will mean an increased presence for Telops in the Asian market.

Established in 1990, Indeco is a dynamic and innovative trading company for laser, opto-electronics, analytical instruments and components for telecommunication. Indeco distributes leading-edge technologies in Japan to the industry, as well as researchers and engineers that contribute to the advancement of science and technology. Telops president, Jean Giroux, emphasizes that Indeco Inc., being the leading distributor of its kind, was chosen for its flexibility and sharp expertise in test equipment.

The agreement, formally signed on December 10 2002, will lead to the promotion of Telops and the development of its business relationships and service in Japan.

For its part, Indeco Inc. will benefit from Telops expertise in the areas of photonics components testing, burn-in, and characterization. Telops test and measurement products are designed to enhance device qualification and to simplify quality control. In these test equipment, the components are subjected to accurately controlled test conditions and are characterized using a series of optical, electrical and thermal measurements. Tohru Maruyama, President at Indeco Inc., says that he was impressed by the advance technology and flexibility of Telops products.

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For more information please contact:
Telops Inc.
Jean Giroux
President
Tel.: 418.864.7808
contact@telops.com
www.telops.com

Indeco Inc.
Tohru Maruyama
President
Tel.: 81.3.3818.4011
tmaruyam@indeco.co.jp
www.indeco.jp