IOT Group extends its footprint across America and Mexico
Published 03-MAY-2016 15:45 P.M.
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2 minute read
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IOT Group Limited is expanding further into North America and Mexico after it entered into an Exclusive Distribution Agreement with TOP TECH, a major Consumer Electronics Distributor.
TOP TECH’s sales team has been briefed and will immediately begin sales presentations throughout the regions for proposed orders and distribution of IOT Group products in Q3 and Q4 2016.
TOP TECH’s sales team has relationships with most major retail outlets, including direct relationships with the top brands’ most important decision makers. Clients include Walmart, Kmart/Sears, Costco, Sam’s, JC Penney, Macy’s target, best Buy, Staples and many more.
Owner and founder of TOP TECH, Mr Bryan Corlett says he is looking forward to helping distribute IOT Group products, specifically consumer drone the ROAM-e.
“The ROAM-e is a breakthrough product due to its cutting edge technology, massive street appeal and highly competitive price point. We are committed to dedicate the time and energy of our clients to create a network of mass distribution channels in North America for IOT. The retailers look to us to bring them the next big products. We have been doing this for 20 years.
As part of the deal IOT Group will issue TOP TECH with four million ordinary shares in lieu of payment of an establishment fee.
“With a solid and experienced Distributor in North America and Mexico and having already established agreements in Japan and Australia, combined with the production capacity of up to 10,000 ROAM-e models per week, and the planned further upgrade to 50,000 units per week due in late Q3, these distribution agreements further support the IOT Group for mass distribution of the ROAM-e throughout the world,” said IOT Executive Director Mr Ian Duffell.
The ROAM product range utilises industry specific innovation in mobility computing. The soon to be released ROPAM-e is the world’s first facial recognition selfie drone.
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