Product category:
Memory Devices and Modules
News Release from: Memorysolution
Edited by the Electronicstalk Editorial
Team on 13 February 2004
Memory sales jump 38% in 2003
Memorysolution stayed on its growth curve throughout 2003, with sales rising to Eur 87 million, an increase of 38% over last year's very positive figure of Eur 63 million.
Memorysolution stayed on its growth curve throughout 2003, with sales rising to Eur 87 million, an increase of 38% over last year's very positive figure of Eur 63 million "This figure indicates that we more than reached our financial goals last year", says Memorysolution Managing Director, Edmund Dagele
This article was originally published on Electronicstalk on 3 Dec 2003 at 8.00am (UK)
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Germany's leading special distributor of memory products and Flash cards reckons it now has a true reference product in its portfolio.
"Our growth which goes against current market, trends can be attributed to the solid technical competence of our employees as well as our successful activities in Germany and on foreign markets.
We were able to reinforce our position with retailers and systems houses and are now the leading supplier of memory solutions in Germany".
Important new sales partnerships were also formed during the year.
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Memorysolution is now handling sales of Aeneon memory products in Europe, the Middle East and Africa.
Long-term partnerships in Switzerland, Austria, Denmark, Liechtenstein, Greece and Romania were strategically supplemented through distribution agreements in the Netherlands, Norway, Russia, Slovenia, Lithuania, Latvia and the Ukraine.
Through these agreements Memorysolution is now well represented in the growing markets of northern and eastern Europe.
At the end of 2003, DTD - Didi Trade and Distribution also became a central sales partner for Belgium and, at the beginning of 2004, Memorysolution's presence in Scandinavia was completed through an agreement with the SMG Micro Group, one of the leading distributors in Sweden and Finland.
Prime Memorysolution, a subsidiary formed in January 2004, will enter the US market.
"This will give us a leg to stand on outside of Europe", explains Dagele.
"The US offers enormous sales opportunities.
We continue to be interested in eastern Europe where we have already been quite successful".
Edmund Dagele has set his sights on continuing to expand Memorysolution's successful internal brand, takeMS, for the current year: "We recently also incorporated takeMS server modules into our product offering with a high degree of success.
The well-known quality of our products makes us predestined for this interesting and demanding growth market.
Last year, our sales grew by 25% with takeMS.
The new products for the server segment will take us even further".
The Flash memory products have also made their contribution to increases in the takeMS brand.
Memorysolution will unveil an all-new partner programme at CeBIT.
"With our practically oriented, Internet-based Certified Value Programme, we will give our partners important new incentives to grow together with Memorysolution and continue to generate excellent sales figures and earnings again in 2004", says Dagele.
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