September 8, 2004—PowerCold Corporation recently signed a five-year strategic alliance with Munters Commercial Dehumidification Division for the marketing and sale of commercial HVAC dehumidification packages. Under the terms of the agreement, PowerCold will market, install and service Munters’ Humidity Control Units (HCUs) with its HVAC systems. Munters will support the relationship with promotional literature, technical specifications, performance software, and support services.
The agreement represents the next step in an expanding relationship between PowerCold and Munters. The two companies have worked together for over a year to target a number of national hotel, restaurant and retail chains for joint marketing efforts that are expected to generate substantial revenues over the next five years.
The PowerCold-Munters alliance creates a number of competitive advantages. The increased scope of operations provides access to a larger client base and more sales opportunities. The sharing of common objectives and complementary strengths positions the companies for rapid growth. The expanded product line offers customers a broader array of products and services and provides them with a one-stop solution for all their HVAC needs.
