Xantrex Technology and TestMart Announce Exclusive Government Services Partnership
New Agreement makes it easier for military personnel, government users and contractors to research and buy Xantrex Technology’s superior quality components
Vancouver, BC and San Bruno, CA — April 18, 2005 — Xantrex Technology Inc. (TSX:XTX), a world leader in the design, manufacture and marketing of advanced power electronic products, announced today a new exclusive partnership agreement with TestMart of San Bruno, CA, the leading equipment and services supplier to the U.S. government for test and measurement products. TestMart will market and sell an exclusive catalog of Xantrex’s high-performance programmable power supplies and power systems to the U.S. government and federal contractor marketplace .
The catalog is a comprehensive selection of Xantrex’s programmable power products, which provide precise variable output direct current power up to 12 kW in full, half and quarter rack packages for laboratory, ATE, R&D, product test and design, and bulk power applications. Xantrex products are used in semiconductor manufacturing, aerospace, automotive, telecom, laser, oil services and medical equipment.
Under the agreement, these DC power products will be offered exclusively to all branches of the U.S. federal government including authorized prime contractors under a set of General Services Administration (GSA) Multiple Award Schedules (MAS). TestMart will provide Xantrex and its customers all content, transaction, marketing, sales support and reporting services around the product catalog. TestMart will manage the presentation and order processing though the GSA’s e-commerce Web site, www.GSAAdvantage.gov, and the company’s two online marketplaces www.testmart.com and www.navicpmart.com.
“ Xantrex’s ongoing contributions in the programmable power market provides the U.S. federal market with efficient and reliable access to quality power-related products, ” said Peter Ostrow, President and CEO of TestMart. “ This arrangement allows the government the latest in efficiency and quality innovations by making the research and ordering of this equipment much easier. Adding Xantrex products to our government product listings means authorized buyers can select from the most respected brands under GSA or GWAC contract that are compliant with the federal Competition in Contracting Act”.
Mossadiq S. Umedaly, Chairman of Xantrex, added, “ Xantrex chose TestMart to provide us with a channel to the U.S. federal government. This arrangement will allow the government and its prime contractors greater access to our established line of advanced power electronic products. The tools and services that TestMart offers will more efficiently enable this important customer to make decisions and find fast solutions.”
About Xantrex
Xantrex Technology Inc. (www.xantrex.com) is a world leader in the development, manufacturing and marketing of advanced power electronic products and systems for the distributed, mobile and programmable power markets. The company’s products convert raw electrical power from any central, distributed, or backup power source into high-quality power required by electronic and electrical equipment. Headquartered in Vancouver, British Columbia, the company has facilities in Barcelona, Spain; Arlington, Washington; Livermore, California; Elkhart, Indiana, Reading, England and Beijing, China.