[ET Net News Agency, 13 May 2014] Alltronics (00833) said its indirectly wholly-owned
subsidiary, Alltronics Tech. Mftg. (ATM), has entered into a manufacturing agreement with
P2 United whereby ATM has been granted restricted exclusive rights to manufacture and
supply patented Wi-Fi products to P2 United.
This deal marks the milestone of Alltronics in its effort to expand into China's
fast-growth Wi-Fi sector, said the company.
Tapping into China's Wi-Fi market, P2 United has established a strategic partnership
with a state-owned enterprise, which is a market leader with prominent market resources in
the communication and electronic industry. (KL)