SOURCE: ikeGPS

ikeGPS

June 18, 2015 16:30 ET

ikeGPS Names DXG Technology as Manufacturing Partner

Agreement Facilitates High-Volume Production Capability to Deliver Near-Term Orders and Meet Long-Term Market Demand

WELLINGTON, NEW ZEALAND--(Marketwired - June 18, 2015) - ikeGPS (NZSE: IKE) is pleased to announce Taiwan-based DXG Technology, a global leader in electronic contract manufacturing, as its new manufacturing partner. DXG Technology will enable ikeGPS to scale its hardware production capabilities to meet the increased demand for its laser-based field measurements solutions.

A 15-year veteran of electronic contract manufacturing, DXG Technology operates production facilities in mainland China and boasts a strong history in manufacturing mobile hardware products in addition to conducting development for digital imaging products. The company has previously partnered with major brands, such as Kodak and Contour.

"DXG has the network of suppliers and in-house skills required to put our New Zealand-designed and engineered products into large-scale production,” says Richard Mander, executive vice president of engineering operations for ikeGPS. “This is crucial to our business as over these past 12 months, we have grown from shipping ‘tens’ of products each month to ‘hundreds’ today, and from next quarter ‘thousands’ per month on the back of orders received through April and May of this year.”

“With DXG as our manufacturing partner, we have the capacity to meet customer requirements now and in the future,” Mander adds. “We will continue to manufacture our highest-value GE MapSight products at our Wellington, New Zealand, facility. We will also continue to base our software, hardware and engineering operations teams out of ikeGPS Wellington and Seattle offices, with the ongoing focus to produce best-in-class hardware devices with high-value mobile applications, desktop software and cloud services.”

ikeGPS is experiencing high sales growth across its Spike, GE MapSight and next-generation product lines from enterprise customers and original equipment manufacturing partners. With this new production agreement in place, ikeGPS is equipped to meet these high-volume orders while maintaining its high-quality product standards.

"We are pleased that ikeGPS has chosen us as its manufacturing partner to support its growth," says Aaron Chen, vice president of DXG Technology. "Under this new agreement, ikeGPS is well positioned to increase production and strengthen its position in the marketplace."

About ikeGPS
ikeGPS is changing the way the world is measured, utilizing its smart laser measurement solutions to capture, record and export measurement data. Electric utility, telecom, government, engineering, construction, real estate, signage, and other field data collection-based professionals use ikeGPS products to modernize the way measurements are taken and shared.

Spike, a laser accurate Smartphone measurement solution, and GE MapSight, an all-in-one customizable field data collection solution, uniquely combine intelligent software and hardware into comprehensive but simple-to-use tools. With an ike photograph, you can capture measurement, distance, location and other data in real time, significantly improving business process, user productivity and safety.

ikeGPS is headquartered in Wellington, New Zealand and is listed on the New Zealand Stock Exchange under the stock symbol IKE. The company's sales and marketing organization is based in Broomfield, Colorado, which supports global efforts in the Americas, EMEA, and APAC. For more information, visit http://www.ikegps.com/.

GE is a trademark of General Electric Company and is under license by ikeGPS Ltd, 42 Adelaide Road, Wellington 6021, New Zealand.

About DXG Technology Corp.
Highly regarded entrepreneur Mr. Yu founded DXG Technology Corp. in September 2000 and established its base in Taipei, Taiwan. The company's main focus is on manufacturing and marketing digital cameras, digital video cameras and high tech products. With its innovative design and excellent quality assurance, DXG has not only expanded its brand throughout the world, but also shown significant revenue growth since its founding. Its expanding worldwide footprint now includes a headquarters in Taiwan responsible for strategic management,along with subsidiary companies and affiliates throughout the United States, Guan Tong, and Hong Kong, China.

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