Rafi licenses switch technology
Duraswitch has executed a nonexclusive license agreement with Rafi and Co, one of the largest switch manufacturers in Germany and a leading component and keyboard supplier throughout Europe.
Duraswitch has executed a nonexclusive license agreement with Rafi and Co, one of the largest switch manufacturers in Germany and a leading component and keyboard supplier throughout Europe.
"Rafi is a recognised leader in both the market for individual component parts and in the design of complete data input panels", said Tim Kuhn Vice President Business Development for Duraswitch.
"With manufacturing facilities throughout Europe, Rafi is a very strong partner for Duraswitch".
"We are very excited about this relationship because Rafi is well known for its capabilities in large-scale, total systems integration.
Many of our current licensees specialise in the membrane switch market, so this will greatly expand the reach for our technologies", Kuhn continued.
"We pride ourselves on being an innovative supplier for our customers", noted Michael Holeczek, Chief Executive of Rafi.
"Duraswitch's unique switch technologies fit well with our customers' needs and our plans for future growth".
Under the terms of the agreement, Rafi has the right to market and manufacture products and panels incorporating Duraswitch's patented electronic switch technologies.
The licence agreement also includes Rafi subsidiary, PIM Industrie, a membrane switch manufacturer based in France.
Bob Brilon, Duraswitch President and CEO added: "Our presence in Europe continues to grow through the addition of high-quality licensees, as well as an expanding awareness of our technologies among key European OEMs.
We see this as an opportunity to advance awareness and credibility for Duraswitch technologies even further through Rafi's long history in the switch industry and established customer relationships.
Our licensing model allows us to grow by leveraging the strengths of our licensees and making Duraswitch technologies available for their manufacture and distribution on a per-switch royalty basis".
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