Valere and Powerbox Sign Power Systems Partnership

May 02, 2004 by Jeff Shepard

Valere Power Inc. (Richardson, TX), a maker of power systems for the wireless and broadband sections of the telecommunications industry, announced it has signed a European reseller and joint development agreement with the Powerbox Group (Gnesta, Sweden). The agreement expands Valere's distribution and product development resources in Europe.

Under the agreement, Valere will leverage Powerbox's development resources to deploy a full European product portfolio. Powerbox will also sell the company's Compact DC Power System and Enterprise DC Power System as stand-alone systems, as well as with Powerbox's own power distribution and cabinets for a custom-designed solution for the European market.

"Telecom providers throughout Europe need the reliability and efficiency of a new generation of power system technology because the broadband and wireless networks they power are becoming increasingly critical to the personal and business lives of their customers," said Andy Marsh, Valere Power president and CEO. "With Powerbox as our partner, Valere gets wide distribution, market expertise and a great reputation to help us take advantage of this market opportunity."