HONG KONG, Aug. 19 /CNW/ - Herman Miller Inc today announces that it has
negotiated an International strategic alliance agreement with POSH Office
Systems (Hong Kong) Ltd. POSH is a leader in the design, manufacture and
marketing of office systems across the Asia Pacific region. With a design
office in Hong Kong, and ISO 9001/14001 accredited manufacturing facilities in
China, POSH design and produce seating, systems furniture and storage
solutions for business and home environments. The company sells through a
substantial franchise network across China, and through a number of
international distributors in Asia. The business was established over 45 years
ago, and is headed by CEO, Eric Yim.
The agreement, which comes into effect on the 1st October 2008, allows
Herman Miller and POSH access to each others' product portfolio and
distribution network. Both businesses will work closely together to ensure the
expanded reach of their respective brands as they continue to support their
rapidly expanding international customer base.
The alliance brings the strengths of both businesses together, developing
a capability which creates significant growth opportunities for both companies
and enables them to offer their customers a wider product offering and a
greater choice of solutions.
Commenting on the alliance John Portlock, Herman Miller's President for
International said: "We have found the best partner to accelerate our progress
in Greater China and Asia. I am delighted at the prospect of working with Eric
Yim and his talented team as we extend our reach together."
"We are very excited to be partnering with John Portlock and the Herman
Miller team," said Eric Yim, POSH President and CEO. "This alliance will not
only provide broader capacity and capability in distribution and servicing our
customers, but also improve the value proposition for our combined high-design
product portfolios in the Asia Pacific region."
About Herman Miller Inc.
The designs and services of Herman Miller enhance the performance of
human habitats worldwide, making customers' lives more productive, rewarding,
delightful, and meaningful. The company's award-winning products, complemented
by furniture management and strategic consulting services, generated over
US$2 billion in revenue during fiscal 2008. Widely recognized for both its
innovative products and business practices, Herman Miller is a recipient of
the prestigious National Design Award for product design from the Smithsonian
Institution's Cooper-Hewitt, National Design Museum, and in 2008 the company
was once again cited by FORTUNE magazine as the "Most Admired" company in its
industry and included among CRO magazine's "100 Best Corporate Citizens." The
company trades on the NASDAQ Global Select Market under the symbol MLHR.
About POSH Office Systems
Based in Hong Kong, POSH is a leader in the design, manufacture and
marketing of office systems in Asia Pacific. The company operates with over
1000 employees, a design office in Hong Kong, a franchise network in China and
over 30 international distributors worldwide. POSH has been voted as the "Best
Office Furniture Brand" in Hong Kong by CAPITAL magazine in 2007; and
recognized with the award of "Eco-Business 2007" by Business Environment
Council and "The Green Medal" by The Federation of Hong Kong Industries for
its leadership and stewardship in protecting the environment. Eric Yim was
also honored as the Young Industrialist of Hong Kong 2005.
For further information:
For further information: Susan Koole, Herman Miller/USA,
email@example.com, (616) 654-5709; Raphaela Wong, Herman
Miller/Asia, firstname.lastname@example.org, +86-21-6141-7066; Luke Dawson,
Herman Miller/EMEA, email@example.com, +44-1249-707-469; Keiko
Maezawa, Herman Miller/Japan, firstname.lastname@example.org, +81-3-3444-9472;
Lam Lam, POSH Office Systems, Lam_lam@posh.com.hk, +852-2816-228; Internet:
For more information on Herman Miller visit http://www.hermanmiller.com; For
more information on POSH Office Systems visit http://www.posh.com.hk