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Future Electronics and Powercast Sign Global Distribution Agreement

April 13, 2010 by Jeff Shepard

Powercast Corp. and Future Electronics announced that they have entered into a worldwide franchise distribution agreement. Under the terms of the agreement Future Electronics will distribute Powercast’s full line of Powerharvester™ receivers and Powercaster™ transmitters.

"We are excited by the addition of Powercast to the Future line card," said Frantz Saintellemy, Corporate Vice President and Chief Technology Officer, Future Electronics. "Powercast is the first supplier in our energy harvesting portfolio, and they are working with several of our existing major suppliers on low-power applications. We see energy harvesting as a high growth sector in the near future and envision many potential applications enabled by Powercast’s technology that are in alignment with our Future Energy Solutions group."

"Future Electronics is a world-class, global distributor with broad capabilities in field sales, engineering and system design support for electronic components," said Harry Ostaffe, Director of Marketing and Business Development, Powercast. "We are looking forward to working with Future Electronics in enabling customers to create devices that can be powered wirelessly from radio waves with our unique and patented technology."

Future Electronics’ initial stock will include Powercast’s new P1110 and P2110 Powerharvester receivers, which are available immediately.