Micro Technologies Forays Into The Middle East

Micro Technologies India Ltd has informed BSE that the Company has come with an Understanding with Lazer Technology Solutions granting rights for the distribution of its selected Security products in the Middle East and Egypt. It has been observed that there are fluctuations in the exchange rates but these fluctuations would not lay an impact in the net revenue of the Company and on the contrary this arrangement is expected to bring added benefit to the Company even during the current scenario.

Micro Products are already growing rapidly across India. The Company has started up with the distribution in Egypt and has received an overwhelming response in the Middle East. The Company being ranked No 2 in the recently concluded GITEX Technology Week where roughly 3,300 exhibitors from 82 countries spread out over 64,000 square meters of floorspace participate In itself speaks the success story of the Company in the Middle-East. Gitex 2007 is held in Dubai from the 8th to 12th, of September every year and is the Middle East's largest and most popular technology exhibition.

The safety and security products industry In Egypt is growing steadily and is governed by the Ministry of Interior, Government of Egypt. The Egyptian Government is looking for specialized Companies working in the field of security and other related business to become acquainted with the most up-to-date security technology available and the Company is well positioned to get into the market with its high-end technology.

The Company is a Leading provider of the much-needed range of security devices, life support systems and web-based software solutions to the global audience. The Company over the period of years have incepted some of the high-end security products, which address areas of concern right from mobile security to automobile security & Monitoring Systems. The Company got into the domain of security much before security was considered to be a major market and need was perceived. The Company products are globally recognized through its innovation, perfection and quality.

Lazer Technology Solutions has been a leading provider of IT solutions and services in several key domains. Its state-of-the-art software, technology and dedicated development team enable users to accomplish complex-tasks in web centric environment with relative ease with the aim of maximizing their business performance by providing seamless access to data. The focus is to provide an in-depth coverage of the customer's business requirements. They possess a strong world-class Infrastructural background with development centers in USA, India, UAE and sales offices around the world. Lazer Technology Solutions focused, strategic agenda crafts an environment where creative ideas flow and conversations generated informed and intelligent decisions.