CALGARY, Jan. 25, 2013 /CNW/ - RS Technologies Inc. ("RS" or the
"Company"), an ISO 9001:2008 certified company that designs, engineers
and manufactures composite utility poles, today announced certain
changes to its arrangement with HD Supply Power Solutions, Ltd.
(formerly HD Supply Utilities, Ltd.) ("HDSPS"), including the
termination of the exclusive Distribution Agreement between RS and
HDSPS in place since November 2009.
Pursuant to a new Distribution Agreement with HDSPS, which replaces the
previous agreement, RS's composite poles will be distributed by HDSPS
to utility companies in the province of Ontario. The utility companies
that HDSPS will work with includes Hydro One Inc., a utility which has
been using RS poles since approximately 2006, as well as a number of
other local and regional utility companies in Ontario. The new
agreement also provides for RS and HDSPS to work together outside of
Ontario on a project-by-project basis to continue to collaborate to
sell RS poles. Unlike the previous agreement, the new agreement does
not set out minimum quantities for HDSPS to purchase, nor is RS
restricted to working solely with HDSPS in utilities not set out in the
new agreement. Outside Ontario, RS will sell its poles directly to
"We are pleased to announce the continuation of our work with HD Supply
Power Solutions in Ontario, where numerous installations of our poles
exist in a host of transmission and distribution voltages," stated
Howard Elliott, President and CEO of RS.
RS is an ISO 9001:2008 certified company that designs, engineers and
manufactures composite utility poles. The poles are used in
transmission, distribution and communication applications and offer a
lighter, more durable and longer-lasting solution over wood, steel and
concrete alternatives. In many instances, the environmentally friendly
poles deliver the lowest total installed and lifecycle cost solution of
any pole on the market. With installations dating back to 2003, RS has
over 280 customers globally.
For the latest on RS's developments, go to the company's website at www.RSpoles.com.
SOURCE: RS Technologies Inc.
For further information:
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