Epic Data International Announces Joint Venture with Chinese Academic Institution
08 11월 2011 - 11:00PM
Marketwired
Epic Data International Inc. (TSX VENTURE:EKD), a provider of
manufacturing execution systems (MES), today announced the
formation of a joint venture enterprise with Huazhong University of
Science & Technology (HUST), a leading Chinese university
located in Wuhan, China. The joint venture agreement was signed at
a trade mission event in Shanghai hosted by the Hon. Christy Clark,
Premier of British Columbia.
The joint venture will focus on the marketing of software
solutions to leading automotive and aerospace manufacturers in
China. Epic Data's new Chief Technology Officer, Huang Gang, Ph.D.,
formerly an associate professor at HUST, will lead the
collaborative development project to integrate HUST and Epic Data
technologies for the joint venture.
"Huazhong University of Science & Technology has significant
experience in the development and implementation of innovative
manufacturing technologies for top Chinese manufacturers," stated
Epic Data International CEO Robert Nygren. "We are very honoured to
be partnering with this prestigious academic institution to develop
world-class manufacturing technologies."
Vice Chancellor Shao Xinyu of Huazhong University commented,
"Our joint venture with Epic Data will provide Chinese
manufacturers with a unique combination of best-in-class
technologies from the east and the west that will improve
production efficiencies and quality."
About Huazhong University of Science & Technology (HUST)
With a 50-year history of excellence, HUST is a university
focused on basic and applied research which maintains close ties
with business and industry to promote commercialization of
technological innovation. One of the original National Key
Universities, HUST now operates directly under the administration
of the Ministry of Education of the People's Republic of China, and
was among the first universities qualifying for the prestigious
"Project 211" recognizing high standards of research and
socio-economic impact, as well the "Project 985" to raise the
standards for higher education in China.
Based in Wuhan city and residing on 1,152 acre campus, HUST
boasts numerous national and provincial research laboratories,
engineering research and technology transfer centers. The
university's science and technology enterprise incubator was
honored as the "National Hi-Tech Innovation Service Center" and its
industrialization and commercialization program has won acclaim
from other universities across the country.
http://www.hust.edu.cn/
About Epic Data International Inc.
Epic Data International Inc. is a provider of manufacturing
execution and warehouse management solutions. For 36 years Epic
Data has delivered real-time data collection and production
information to discrete manufacturers through turnkey data
collection, warehouse management and lean manufacturing operations
management solutions. Defense contractors, aerospace, automotive,
high technology and industrial equipment & machinery
manufacturers, employ Epic Data solutions to optimize the ROI of
their manufacturing IT infrastructure investments and operations by
increasing plant productivity, materials visibility and production
velocity. Customers include Hawker Beechcraft, Lockheed Martin,
Bell Helicopter, Komatsu, Bombardier Learjet, CAE Inc., Kingfisher
(B&Q) plc, Joy Mining Machinery, Cobham Defence Communications
Ltd., GE Aircraft Engine, Contour Premium Aircraft Seating, McBride
plc, Phoenix Contact, Rolls-Royce and Volvo. www.epicdata.com /
www.epicdatachina.com
Caution Regarding Forward-looking Statements
Certain information in this news release may contain
forward-looking statements that involve risks and uncertainties.
Such forward-looking statements, including but not limited to those
with respect to future business in China that may be developed
through development carried out at the joint venture in China,
relate to uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. This information is based on current expectations that
are subject to significant risks and uncertainties that are
difficult to predict. Actual results might differ materially from
results suggested in any forward-looking statements. The Company
assumes no obligation to update the forward-looking statements, or
to update the reasons why actual results could differ from those
reflected in the forward looking-statements unless and until
required by securities laws applicable to the Company. Additional
information identifying risks and uncertainties is contained in the
Company's filings with the Canadian securities regulators, which
filings are available at www.sedar.com.
Contacts: Epic Data International Inc. Ruby Bleiker Director,
Marketing 604-273-9146info@epicdata.comwww.epicdata.com
Epic Data International Inc. (TSXV:EKD)
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