YOU ARE AT:Archived ArticlesCOMPANIES AGREE TO DISTRIBUTE FLEX

COMPANIES AGREE TO DISTRIBUTE FLEX

CHARLOTTE, N.C.-Glenayre Technologies Inc. and LG Electronics have entered a three-year agreement to bring FLEX paging technology to South Korea. LG Electronics said it will purchase more than 2000 units of Glenayre’s GL-T8531 high speed transmitters and GL-C2000 controllers. Glenayre values the contract at $20 million.

Glenayre’s Seoul office will provide sales, marketing and engineering support.

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