LAVAL, QC, Feb. 22 /CNW Telbec/ - 20-20 Technologies Inc. (TSX: TWT)
("20-20" or the "Company") the world leader in 3D interior design and
furniture manufacturing software announced today the recent signing of
an agreement with Mekran, a leading Russian solid wood furniture
manufacturer, to supply an end-to-end solution. 20-20 will implement
its inSight, CAD and Design software applications as part of a project
to provide state-of-the-art kitchen design and manufacturing solution.
"Our factory will become the most modernized and automated in Eastern
Europe. 20-20 Technologies' suite of applications will make us more
efficient by connecting all of our business processes. Every operation
of our company will be managed, and integrated, on a common data
platform," said Mekran's CEO, Alexey Metelkin.
"We are delighted that Mekran chose 20-20 Technologies to meet their
needs for the future," said Joerg Witthus, Executive Vice President for
Sales and Services Europe. "We believe Mekran's confidence in 20-20
represents the validation of our end-to-end strategy which integrates
the complete set of processes from conception to design and
manufacturing. It is also important to highlight that this transaction
is the result of a concerted effort with our local distributor. It
demonstrates the crucial role we want to play with our partners in the
development and expansion of the strategy outlined in our business
plan. Finally, it's important to add that this latest deal represents
our seventh inSight contract in Russia over the last fifteen months."
In powerful contrast to competitive offerings in the furniture industry,
20-20 provides a complete set of integrated applications which form a
seamless solution for all processes in the creation and sale of
residential and office furniture, including kitchens, bathrooms,
closets and offices.
About 20-20 Technologies Inc.
20-20 Technologies is the world's leading provider of computer-aided
design, business and manufacturing software tailored for the interior
design and furniture industries. Dealers and retailers use our desktop
and Web-based products and solutions for the home and office markets.
20-20 offers a unique end-to-end solution, integrating the entire
breadth of functions in interior design. It provides a bridge for data
communication from the point-of-sale to manufacturing, including
computer-aided engineering and plant floor automation software.
Operating in eleven countries with more than 500 employees and an
extensive network of partners worldwide, 20-20 is a publicly traded
company (TWT) on the Toronto Stock Exchange (TSX). For more
information, visit www.2020technologies.com.
Мекrаn is a leading Russian solid wood furniture manufacturer. The
company was founded in 1922. Furniture production and the headquarters
are located in Krasnoyarsk. The main business line is solid wood
premium furniture production for households. Production volume reached
4 000 cubic meters in 2010. The company has 6 furniture collections:
Belfor, Virginia, Leon, Sofia, Stefania, Julia. The Mekran stores chain
comprises 20 POS in Moscow, Saint-Petersberg, Rostov-na-Donu,
Krasnoyarsk and abroad. The company is currently focused on building
the largest and the most technologically developed solid wood furniture
SOURCE 20-20 TECHNOLOGIES INC.
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