congatec achieves new sales record

congatec AG has reported a record annual revenue of €45.6million for the financial year 2010, up 75% from $26m in 2009.

"The constant development of the multi channel distribution strategy, which involves both the partner and direct marketing, paid off", said Gerhard Edi, company ceo. "We will further pursue this approach while at the same time promoting global expansion of logistics and development in the USA and Asia. We are consistently focusing on improved value added and product enhancements locally, which is already reflected today in high customer satisfaction as well as long term customer relationships." Edi said the company now plans to intensify its activities in market cultivation, particularly in the areas of medicine technology, transportation and digital signage in order to further increase the number of new design wins in these fields.