Jun 23 2009
LightPath Technologies and AMS Technologies have signed a master distributor contract designating AMS Technologies to be the exclusive distributor for LightPath Technologies products throughout Europe. This contract expands on AMS Technologies' current role as distributor for Germany and Austria.
LightPath manufactures optical products including precision molded aspheric optics, GRADIUM® glass products, proprietary collimator assemblies, laser components utilizing proprietary automation technology, higher-level assemblies and packing solutions. LightPath has a strong patent portfolio that has been granted or licensed to them in these fields.
LightPath’s aspheric optical solutions are used for medical, industrial, defense and communication applications.
The new agreement expands AMS Technologies’ role by integrating LightPath’s sales & marketing efforts in the region. Under the new agreement, AMS Technologies will become a central hub for LightPath’s business in Europe by providing local sales support, technical assistance and a consolidated inventory location for customers throughout the region. AMS Technologies will also direct all promotional activities such as advertising and trade shows throughout Europe. AMS Technologies serves regional markets from local sales offices in France, Germany, Italy, Spain and the United Kingdom.
Jim Gaynor commented, “LightPath Technologies over the last 18 months has been executing its strategy of improving its cost structure, expanding its markets and addressing higher volumes. A key part of this strategy is to improve our channels to our markets. LightPath has had an excellent and very successful relationship with AMS Technologies in Germany and we are pleased and quite excited to now expand this relationship by working with AMS Technologies throughout all of Europe.”